Businesscafe - Lankem Ceylon PLC, a well-diversified conglomerate reputed for its market dominance in the areas of agriculture, consumer products, hotels, industrial chemicals, industrial flooring, decorative paints, printing & packaging and pest control posted a noteworthy second quarter (Q2) results which resulted in a remarkable turnaround performance for the first half (H1) of the financial year 2022/23.
Businesscafe - Seylan Bank, the Bank with a Heart, has enhanced its mobile banking app with features that ensure better security and further convenience to its customers.
Businesscafe - Strengthening the digital presence of Sri Lankan businesses, private sector bank HNB PLC partnered with South Asia’s leading e-commerce platform Daraz to on-board the bank’s extensive network of SMEs.
Businesscafe - The Commercial Bank of Ceylon has become the highest-ranked bank and one of the five best-performing companies in Sri Lanka for the 14th consecutive year in the latest Business Today Top 40 ranking released in November 2022.
Businesscafe - A first for Sri Lanka, DFCC Bank, a fast-growing, customer-centric card issuer, launched the "Make a Wish" Campaign, a truly customer-centric initiative to allow customer wishes to be made known to the Bank.
Businesscafe - Nations Trust Bank PLC reported a strong 3rd quarter with YTD Operating Income of LKR 27Bn, up 62% year-on-year (YoY).
Businesscafe - Hatton National Bank PLC posted a profit before tax of Rs 12.4 Bn and profit after tax of Rs 10.5 Bn during the nine-months which ended September 2022 while the Group recorded a profit after tax of Rs 11.6 Bn.
Businesscafe - Amidst widespread economic uncertainty during the year 2022, Sampath Bank maintained a strong capital base and a steady liquidity profile.
Businesscafe - The Commercial Bank of Ceylon Group has posted a strong operational performance in the first nine months as well as in the third quarter despite the continuing adverse effects of macroeconomic variables which have necessitated a tripling of impairment provisions for the nine months ended 30th September 2022 and reduced profits for the quarter as well as the year to date compared to the corresponding periods of last year.
Businesscafe - The fourth edition of Sri Lanka’s only capital market quiz - CSE Masterminds 2022 organized by the Colombo Stock Exchange (CSE), was held recently at the Waters Edge Hotel with the participation of 67 corporate teams, with Ansell Lanka (PVT) Ltd emerging as the winner of the overall competition with a cash prize of Rs 500,000.
Businesscafe - Seylan Bank, the Bank with a Heart, brought back the enigmatic character; Uncle Albert from its memorable television commercial featuring Western Union’s money transfer service, to encourage increased foreign remittances through official channels.