Businesscafe - Sampath Bank PLC announced the introduction of Touchless Cash Withdrawals at Automated Teller Machines (ATMs) for the first time in Sri Lanka, and possibly the first time in the region.
Businesscafe - Reflecting DFCC Bank’s unparalleled positioning as one the strongest contenders in the banking and financial services sector of Sri Lanka, Fitch Ratings has affirmed DFCC Bank’s National Long-Term Rating at ‘A+(lka)’.
Businesscafe - The Ministry of Finance has confirmed that the Commercial Bank of Ceylon was the biggest lender to Sri Lanka’s SME sector in 2020 among all state-owned, private and specialised banks in the country, accounting for more than a fifth of all loans in terms of value and number.
Businesscafe - The Colombo Stock Exchange (CSE) has showcased a strong growth trajectory in Capital Raising by Sri Lankan corporates of all scales during the first 7 months of 2021.
Businesscafe - Sri Lanka’s startup ecosystem has grown significantly over the past 15 years, benefitting greatly from a fast growing ICT sector, high rates of literacy, the brain gain of highly qualified ICT professionals returning home, etc.
Businesscafe - Ideal Finance Limited (IFL) has opened its 13th branch in Welimada, as part of the company’s massive expansion drive to more than double its branch network, by adding 15 new locations within the current financial year (FY 2021/22).
Businesscafe - The introduction of Delivery Versus Payment (DVP) is the most meaningful change to the Colombo Stock Exchange (CSE) trading infrastructure in several decades.
Businesscafe - Supported by Nations Trust Bank Private Banking, the virtual ‘#SupportLocalArt : The Talk Series’ is the latest initiative taken under the Bank’s partnership with Saskia Fernando Gallery.
Businesscafe - The Delivery Versus Payment (DVP) Settlement mechanism was implemented as scheduled yesterday 16th August 2021.
Businesscafe - The Gampaha Municipal Council has fully digitised its payments platform in partnership with the Commercial Bank of Ceylon.
Businesscafe - Leading Sri Lankan insurer Co-Operative Insurance, recently announced their plans to go for its first Initial Public Offering (IPO) in 2021 following a commanding financial performance for the past year.
