Commercial Bank in strategic partnership with QE to enhance SME capabilities

Businesscafe - Commercial Bank has announced a strategic partnership with Q&E to enhance the capabilities of small and medium enterprises (SMEs) through the Commercial Bank LEAP Global Linker platform.

Hemas Achieves Record Earnings for FY 24

Wednesday, 22 May 2024 13:30

Hemas Achieves Record Earnings for FY 24

Businesscafe - Revenue grew by 6.7% to Rs. 121.6 Bn driven by the improvements in all key BUs, Despite the volume contractions in all industries across Hemas managed to outperform the market with market share increases in key segments.

ComBank and CBA pioneer NFC technology enabled cashless vending machines in Sri Lanka

Businesscafe - Sri Lanka will be able to deploy its first credit and debit card-enabled vending machines following a collaboration between the Commercial Bank of Ceylon, the country’s biggest private sector bank, and Ceylon Business Appliances (CBA), a leading financial technology solutions company.

DFCC Bank Clinches 4 Gold Awards

Wednesday, 22 May 2024 08:25

DFCC Bank Clinches 4 Gold Awards

Businesscafe - DFCC Bank was honoured for its marketing campaigns on digital platforms with 4 prestigious Gold Awards for outstanding Creativity, Innovation, Effectiveness, and Corporate Social Responsibility at the illustrious awards ceremony held in Mumbai.

Siyapatha Finance PLC to issue LKR 4 billion debentures reinforcing commitment to growth

Businesscafe - Siyapatha Finance PLC, a subsidiary of Sampath Bank PLC and a prominent leader distinguished in Sri Lanka's non-bank financial sector, announced its decision to raise Rs. 4 billion through its debenture issue.

Creative Catalyst Fellowship

Businesscafe - Good Life X (GLX) announced the launch of The Creative Catalyst Fellowship (CCF) at Trace Expert City today.

Nations Trust Bank

Businesscafe - Nations Trust Bank announced its acclaimed ‘We Transfer More Than Just Money’ initiative for the year 2024.

DFCC Bank Unveils Annual Report for 2023

Businesscafe - DFCC Bank recently unveiled its Annual Report 2023, spotlighting the Bank's remarkable achievements against a backdrop of formidable challenges and exciting opportunities.

Sampath Bank Posts Steady Results for the First Quarter of 2024

Financial Performance

Commercial Bank Chairman Mr Sharhan Muhseen and Managing Director CEO Mr Sanath Manatunge

Businesscafe - The Commercial Bank of Ceylon Group has ended the first quarter of 2024 with a loan book of Rs 1.316 trillion, continuing the Bank’s focus on lending in a period where the appreciation of the Rupee negatively impacted the value of the loan book and resulted in a contraction of the balance sheet.

Left to Right Nations Trust Bank Chairperson Sherin Cader and Director Chief Executive Officer Hemantha Gunetilleke

Businesscafe - Nations Trust Bank PLC reported a strong performance in the first 3 months of 2024, posting a Profit Before Tax (PBT) of LKR 7.5 billion, up 28% year-on-year (YoY) and a Profit After Tax (PAT) of 3.7 billion, up 35% YoY.