HSBC Premier revamped to suit evolving affluent customer lifestyles

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Global banking group HSBC, with offices across 64 countries and assets of 2.7 trillion US dollars has enhanced its international value proposition...

Sri Lanka’s Combank to target financial products for women with IFC

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Commercial Bank of Ceylon, Sri Lanka’s largest private bank by assets, will offer financial products designed for women and women owned businesses...

NDB’s Dimantha Seneviratne discusses Covid-19’s impact on banking

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The previous 24 months had seen sluggish economic growth due to political uncertainty, Easter attacks and a presidential election. What promised to...

Sri Lanka’s CPC loses Rs45 billion to April 2020 amid soft-peg collapse

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Sri Lanka’s state-run Ceylon Petroleum Corporation lost 45.1 billion rupees in the four months to April 2020, as the rupee collapsed and...

Interview: Seylan Merchant Portal, simplified payment solution for SMEs in SL

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Interview of Chaminda Senewiratne, head of Digital Banking, Seylan Bank PLC.  Could you briefly explain what “Seylan merchant...

NDB in partnership with Cord360 supports exporters to venture new global market opportunities

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NDB, being one of the largest players in the SME and Micro Finance segment, recently signed a Memorandum of Understanding (MoU) with...

Sri Lankans’ common enemy is poverty, not each other

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We may worship different gods but as Sri Lankans, we all have one enemy – poverty. According to data on Sri Lanka’s...

Sri Lanka regulator suspends business activities of ‘ETI Finance’ and ‘Swarnamahal Financial Services’

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The Central Bank's (CBSL) Monetary Board has decided to suspend the business activities of ETI Finance’ and ‘Swarnamahal Financial Services’, effective from...

BOC North Western Province successfully concludes an Awareness Program on Loan Facilities Available for...

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The Bank of Ceylon North Western Province successfully concluded the awareness program on educating Micro/ SME entrepreneurs. Customers will get the opportunity...

Sri Lanka attracts US$86mn deposits into Coronavirus accounts

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Sri Lanka’s special foreign exchange deposit accounts with an open call to resident and non-resident individuals as the rupee came under pressure...

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Sri Lanka coconut auction prices drop 12-pct from peak

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Sri Lanka’s average coconut prices fell 5.67 percent to 48,743 rupees for a 1000 nuts at an...

Sri Lanka to give same state guaranteed price for all types of paddy

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Sri Lanka will give the same guaranteed price of 50 rupees for all types of paddy, during the Yala 2020 minor cultivation...

New appointments to Central Bank’s Monetary Board

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New members have assumed duties as serving members of the Monetary Board of the Central Bank, pursuant...