Strong 1H 2024 Performance from Nations Trust Bank PLC

Businesscafe - Nations Trust Bank PLC reported a strong performance in the first half of 2024, achieving a Profit After Tax (PAT) of LKR 8 Bn, up 31% YoY.

HNB Group records Rs 16.2 Bn in PAT for 6 months

Businesscafe - Hatton National Bank PLC posted a profit before tax of Rs 25.8 Bn and a profit after tax of Rs 15.4 Bn during the six months ended June 2024.

 Resilient ComBank maintains growth impetus in Q2 despite external pressures

Businesscafe - Characteristically agile and proactive responses to market-specific dynamics have enabled the Commercial Bank of Ceylon Group to achieve commendable growth in the first half of 2024, despite a reduced topline.

Sampath Bank to Create History as Asia s Best Bank for Corporate Responsibility

Businesscafe - Sampath Bank is set to receive the prestigious ‘Asia’s Best Bank for Corporate Responsibility’ award at the Euromoney Awards for Excellence 2024, to be held on 12th September in Singapore.

HSBC s third Premier centre opens in Bambalapitiya

Businesscafe - HSBC opened its third flagship Premier Centre on 1 August 2024 having converted its Bambalapitiya branch at 123, Bauddhaloka Mawatha, Colombo 04.

 CSE Hosts Forum to Raise Awareness on Alternative Investment Avenues

Businesscafe - The Colombo Stock Exchange (CSE) hosted a special awareness session titled “Creating Opportunities for Wealth Creation and Diversification” recently at the Hilton, Colombo.

MBSL signs MoU with Hayleys Solar to launch new solar loan schemes

Businesscafe - Merchant Bank of Sri Lanka and Finance PLC (MBSL) has entered a Memorandum of Understanding (MoU) with Hayleys Solar, the renewable energy arm of Hayleys Fentons, to launch two new solar financing programs: a personal solar loan scheme and a term loan tailored for individuals and businesses.

Siyapath Finance PLC Opens 50th Branch in the Versatile Valaichchenai

Businesscafe - Premier homegrown finance company Siyapatha Finance PLC successfully opened its 50th branch in Valaichchenai recently.

NDB Wealth Management and nVentures facilitates international resource personnel to enhance the Sri Lankan start up ecosystem

Businesscafe - NDB Wealth Management Ltd - the largest private sector Asset Management company in Sri Lanka with more than Rs. 340 Billion assets under management, following their strategic collaboration with nVentures PTE Ltd in April 2024, successfully hosted an exclusive educational workshop, "Startup Investing 101."

Sunshine Holdings sustains growth momentum in 1QFY25

Businesscafe - Diversified conglomerate Sunshine Holdings PLC (CSE: SUN) continued demonstrating resilience amidst prevailing macroeconomic conditions, reporting a topline growth of 6.5% YoY.

Open an FD Using DFCC Online Banking for an Additional 0.5 Interest

Businesscafe - As a pioneer in the digital banking revolution in Sri Lanka, DFCC Bank empowers its customers with an additional 0.5% interest on all Fixed Deposits (FDs) opened via DFCC Online Banking.