August 25, 2024
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4min
Seylan Bank has expanded their comprehensive suite of financial services with Seylan Factoring, a means for clients to raise funds by trading outstanding trade receivables. Unlike traditional lending, which may consider a broader range of factors and sources for repayment, factoring is primarily dependent on the receivables’ quality and collection for setting up the facility. […]

August 10, 2023
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4min
      August 10th 2023: Sri Lanka’s leading integrated financial services provider, HNB FINANCE PLC, proudly announced the launch of its 79th branch in Maharagama, as part of its continued efforts to improve accessibility and meet the increasing demand for integrated financial services around the island. The new branch, situated at No.17, High Level […]

June 6, 2023
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3min
      M Power Capital, a leading financial services company, is pleased to announce the appointment of Mr. Jehaan Ismail as the Chairman of the company, with effect from 1 June 2023. This appointment comes as part of the company’s strategic restructuring to enhance its leadership team and drive future growth. Mr. Ismail brings […]

March 28, 2023
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6min
      A highly skilled, well-educated workforce who are valued members of the CISI global family were some of the comments made by Chartered Institute for Securities & Investment (CISI) CEO Tracy Vegro on her recent visit to Colombo, Sri Lanka meeting CISI staff, members, stakeholders and partners. The global professional financial services membership […]

March 1, 2023
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6min
      The industry leader with 5,000+ new investors introduced to the CSE via digital platforms Completely seamless trading experience via mobile phone or device Account Opening time cut down from 24-48 hours to under an hour Colombo, 24th February 2023: Softlogic Stockbrokers, the full-service brokerage arm of Sri Lanka’s trusted financial partner, Softlogic […]

February 13, 2023
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3min
      One of the fastest-expanding and leading licensed finance companies in Sri Lanka, Mahindra IDEAL Finance, has expanded its presence once again, this time to include Kandana. A major transit point on the Colombo-Negombo main road, Kandana is a key commercial hub in the Gampaha District, home to a vibrant and diverse population […]

January 24, 2023
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3min
      The fully owned subsidiary of the Sampath Bank Group, Siyapatha Finance recently opened its 43rd  branch in Kilinochchi extending its financial services to its valued customers in the Northern Province and continues its commitment to deliver service excellence. Adding to its island-wide network, the Kilinochchi branch located at No. 317, Kakakadai Junction, […]

December 19, 2022
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3min
      December 16th, 2022: Sri Lanka’s leading integrated financial services provider HNB FINANCE PLC (HNBF) took home Silver, marking an admirable win in the Non-Bank Financial Institutions (Total Group Asset Above LKR 20 Bn) category, at the TAGS Awards 2022 on December 6, 2022, organized by The Institute of Chartered Accountants of Sri […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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