ADB Archives - Lanka Business News

July 8, 2024

The Asian Development Bank (ADB) together with the Sri Lanka Sustainable Energy Authority (SEA) under the Ministry of Power and Energy (MOPE), the Tea Smallholders Development Authority (TSHDA) under the Ministry of Plantation Industries (MOPI), the University of Peradeniya and Hayleys Solar inaugurated Sri Lanka’s first-ever semi-transparent Solar PV-powered Agrivoltaics Demonstration Project. Innovation […]

October 31, 2023

Ceylon Energy a strategic alliance of St Theresa Industries, in collaboration with Qingdao Huijintong Power Equipment Co., Ltd (HJT) – China, has initiated the tower stringing phase of the “Supporting Electricity Supply Reliability Improvement Project” (SESRIP – P4). This project marks a significant milestone, furthering Ceylon Energy’s commitment to delivering stable electricity […]

October 2, 2023

Recognising the contribution to supporting trade in Asia and the Pacific HNB and Standard Chartered Bank were awarded top honours, receiving the coveted ‘Best Trade Deal of the Year’ award for Issuing Bank and Confirming Bank, respectively, at the recent Trade and Supply Chain Finance Programme (TSCFP) Awards organised by the Asian […]

September 18, 2023

Recognises Bank for highest number of transactions in country’s trade and supply chain finance domain between 1 July 2022 and 30 June 2023 The Commercial Bank of Ceylon has once again been declared the Asian Development Bank’s (ADB’s) ‘Leading Partner Bank’ in Sri Lanka for trade and finance transactions, in a significant […]

November 2, 2022

Sri Lanka’s leading private sector bank HNB PLC was selected as a partner financial institution by the Asian Development Bank (ADB) to disburse a component of the US$ 13.5 million in funds allocated to the SME-Line of Credit (SMELoC) Emergency Response Scheme. The ADB scheme aims to support and strengthen Sri Lankan MSMEs affected […]

October 31, 2022

Records highest number of trade & supply chain finance transactions for second successive year The Commercial Bank of Ceylon was honoured as the Asian Development Bank’s (ADB’s) ‘Leading Partner Bank in Sri Lanka’ for the second consecutive year at the 2022 Trade and Supply Chain Finance Programme (TSCFP) Awards that recognise the […]

October 24, 2022

24 October 2022, Colombo: In an unparalleled effort to support the backbone of Sri Lanka’s tea production industry, Seylan Bank, the Bank with a Heart, has become one of the Participating Financial Institutions in a scheme introduced by the Asian Development Bank (ADB) and the Ministry of Finance to develop the island’s […]

January 20, 2022

The announcement made to the Colombo Stock Exchange (CSE) by John Keells Holdings PLC, with regards to the conclusion of Phase 1 of the Private Placement of Ordinary Shares of the Company to Asian Development Bank (ADB)

January 14, 2022

Foreign Secretary Admiral Prof. Jayanath Colombage chaired a meeting on 11 January, 2022 at the Foreign Ministry to discuss arrangements for the upcoming Annual Meeting of the Asian Development Bank (ADB) which is scheduled to be held in Colombo on 2-5 May 2022. A high-level delegation from ADB led by ADB […]

November 29, 2021

The Commercial Bank of Ceylon has been adjudged the Asian Development Bank’s (ADB’s) ‘Leading Partner Bank in Sri Lanka’ at the 2021 edition of its Trade and Supply Chain Finance Programme (TSCFP) Awards that recognise banks that support trade in Asia and the Pacific. The award was conferred upon Commercial Bank for recording […]

Hayleys Solar Selected for First-of-its-Kind ADB-Developed and Financed, Agrivoltaics Project in Sri Lanka

Ceylon Energy embarks on tower stringing journey for ADB-funded CEB SESRIP-P4

HNB and Standard Chartered triumph with prestigious ‘Best Trade Deal of the Year’ award from ADB

ADB names ComBank its ‘Leading Partner Bank’ in Sri Lanka for 3rd year

HNB offers working capital loans for SMEs via ADB SMELoC – Emergency Response Scheme

ComBank declared ADB’s ‘Leading Partner Bank in SL’ for Trade & Supply Chain Finance

Seylan Bank sets its sights on developing Tea Smallholders via ADB credit line

JKH announcement to the Colombo Stock Exchange

Sri Lanka to host Asian Development Bank Annual Meeting in Colombo

ADB honours ComBank as Leading Partner Bank for Trade & Supply Chain Finance