Financial Services Archives - Lanka Business News

January 16, 2025

Sarovodaya Development Finance PLC (SDF) has achieved a new milestone as an ethical provider of financial services by becoming a full member of the prestigious Global Alliance for Banking on Values (GABV). This development is a significant step in SDF’s ongoing mission to promote financial inclusion and sustainable development across Sri Lanka. As the financial […]

December 23, 2024

Receives top honours for ‘Corporate Governance Disclosure’ in Financial Services sector and as Best in Private Banking sector Wins overall Silver and Bronze for ‘Digitally Transformative Reporting’ and ‘Excellence in Corporate Reporting’ The Commercial Bank of Ceylon won two Golds, a Silver and a Bronze at CA Sri Lanka’s ‘TAGS’ Awards 2024, reaffirming the Bank’s […]

December 4, 2024

People’s Leasing & Finance PLC has once again strengthened its reputation as one of Sri Lanka’s leading Non-Banking Financial services providers, delivering an impressive financial performance for the 1st six months of FY 2024/25 ending 30th September 2024. Accordingly, the company reported a topline income of LKR 12,676 million, resulting in a healthy profit of […]

August 25, 2024

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

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 […]

July 28, 2023

July 26, 2023: HNB FINANCE PLC, Sri Lanka’s leading integrated financial services provider, launched a new Gold Loan Unit at its Homagama branch located at No. 62A, High Level Road, Homagama. The branch was also refurbished and modernized to further improve customer experience. The launch event was graced by key executives, including MD/CEO Chaminda […]

July 20, 2023

June 18, 2023: HNB FINANCE PLC, Sri Lanka’s leading integrated financial services provider, launched a new Gold Loan Unit at its Morawaka branch located at No.07, Nilwala Building, Morawaka. The launch event was attended by key executives, including CEO/MD Chaminda Prabhath along with AGMs, product heads, and branch managers. The new Gold […]

June 6, 2023

01.Mr_.-Jehaan-Ismail-Chairman-of-M-Power-Capital-LBN.jpg

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

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

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 […]

Sarvodaya Development Finance Becomes Full Member of GABV, Delivers Strong Performance in 1H 2024/25

ComBank wins 4 including doubleGold at CA Sri Lanka TAGS Awards 2024

People’s Leasing & Finance Delivers Exceptional 42.4% Profit Growth for 1H FY 2024/25

Seylan Bank Relaunches New Factoring Financial Services to Enterprising Businesses

HNB FINANCE expands footprint with new branch in Maharagama

HNB FINANCE launches new Gold Loan Unit at Homagama branch

HNB FINANCE PLC launches new Gold Loan Unit at Morawaka branch

M Power Capital enters a new era of leadership

Untapped potential for learning and development in SL financial services market: CISI CEO Tracy Vegro

Softlogic Stockbrokers launches digital on-boarding