The Commercial Bank of Ceylon has announced an upgrade of both the Consumer and Merchant applications of the ComBank Q+ Payment App, with features including biometric authentication login for both applications and merchant self-registration.
In a strategic move to build in synergies, agility and create a robust governance structure between the Holding Company Ambeon Capital PLC and its Investment Holding and Management company Ambeon Holdings PLC, the medium sized conglomerate reputed for its market dominance in the areas of financial services, manufacturing, real estate, technology and strategic investments today announced the restructuring of the Board of Ambeon Holdings PLC.
The Commercial Bank of Ceylon has been declared Sri Lanka’s Best Bank in 2020 by the US-based Global Finance magazine, an accolade the Bank wins for the 20th time in the 27 years that Global Finance has presented awards to the world’s best banks.
People’s Bank has introduced the Aswenna loan facility with the intention of supporting the Government’s development program of making Sri Lanka sustainable again.
Sri Lanka’s most innovative bank, HNB PLC successfully concluded the country’s first-ever hybrid virtual Annual General Meeting on May 29.
Fueled by strong growth in its healthcare sector, diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) reported notable growth in bottom-line performances during the year ended 31st March 2020 (FY19/20).
People’s Bank has tied up with the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) to provide a special COVID-19 relief loan scheme to members of CA Sri Lanka whose revenue has been negatively affected due to the COVID-19 pandemic.
ICBT, one of the leading tertiary education providers in Sri Lanka, has appointed the Commercial Bank of Ceylon as its Internet Payment Gateway (IPG) service provider, enabling the institution’s website to accept multi-currency online payments from both local and foreign students.
The Commercial Bank of Ceylon has announced the commitment of approximately Rs 10 billion to a Bank-funded COVID-19 Support Loan Scheme to assist affected SME enterprises.
The Sri Lanka Institute of Directors (SLID) – Sri Lanka’s leading member institute for Directors organized a timely webinar titled “Covid 19 : Customs Procedures and Practices” with senior officials of the Customs Dept. to discuss the issues faced by the business community during the current Covid-19 pandemic, and the procedures and improvements to be implemented in the import/export process so vital to the smooth functioning of the economy.
Ceylinco Life has announced the payment of Rs 2.87 billion in gross benefits and claims to policyholders in the three months ending 31st March 2020, an increase of 17.7 per cent over the first quarter of 2019.
