London Stock Exchange Group empowers female founders with Hatch s KICKASS Series 4


The current women’s economic empowerment interventions around the world have proven that there are many obstacles faced by female entrepreneurs.

Sampath Bank Adopts LANKAQR to Expand QR Reach Across the Island


Sampath Bank PLC partnered with the Central Bank of Sri Lanka (CBSL) to promote ‘LANKAQR,’ a common Quick Response (QR) code standard for the country, at the “Rata Puraama LANKAQR” (Taking LANKAQR to the entire nation) event that was held at the CBSL premises recently.

Leo Burnett awarded Sri Lankas Creative Agency of the Year for 2020 by Campaign Brief Asia


Leo Burnett Sri Lanka (part of the Publicis Groupe) has been ranked ‘Sri Lanka’s Creative Agency of the Year for 2020’ at Campaign Brief Asia. Leo Burnett’s Creative Team headed by Ransley Burrows has been recognized with this accolade.

ComBank receives USD 50 million Equity from IFC

Wednesday, 07 October 2020 03:37

ComBank receives USD 50 million Equity from IFC


The Commercial Bank of Ceylon has announced the completion of all formalities relating to the private placement of shares with the International Finance Corporation (IFC) and the receipt of US$ 50 million (Rs 9.215 billion) from the latter for 115,197,186 ordinary voting shares in the Bank.

HNB partners with Prime Group to offer special housing loans for 60 days


Sri Lanka's leading private sector bank HNB PLC, announced an exclusive partnership with local real estate developers Prime Group, to offer prospective homeowners special interest rates and attractive benefits for Prime Group properties.

Singer awarded Retail Brand of the Year Sri Lanka 2020 by Global Banking and Finance Review


Singer (Sri Lanka) PLC, the country’s premier consumer durables retailer has been honored with first ever Sri Lanka’s Retail Brand of the Year tribute from one of the most keenly awaited global awards, the British based ‘Global Banking and Financial Awards.

CSE Media Release CSE ASPI Best Performing Index Globally inSeptember


The benchmark all share price index (ASPI) of the Colombo Stock Exchange (CSE) recorded significant gains outperforming all other main indexes around the globe during the month of September.

ComBank Hayleys Agriculture support farmers with another Agri leasing promo


Farmers have been given another opportunity in this season to purchase new agriculture machinery at low rentals with special discounts and flexibility, following the latest in a series of joint leasing promotions by the Commercial Bank of Ceylon and Hayleys Agriculture Holdings Ltd.

HNB launches revamped Student Savings Unit at Royal College


Ramping up efforts to encourage a flourishing savings habits among young Sri Lankans, premier retail bank, HNB PLC, celebrated the opening of a fully revamped Student Savings Unit at the most respected public school in the island, Royal College, Colombo.

Commercial Bank Bangladesh AAA rating 2020


The Bangladesh operations of Commercial Bank of Ceylon PLC achieved another milestone in 2020 with the assignment of an ‘AAA’ (Triple A) long term credit rating for the 10th consecutive year by Credit Rating Information and Services Ltd. (CRISL).

Abans PLC to divest stake in Abans Finance PLC to Softlogic Capital PLC


In meeting the aspirations of the Government of Sri Lanka and the Central Bank of Sri Lanka to develop a stronger financial system, Abans PLC, the controlling shareholder of Abans Finance PLC, will be selling its stake in the finance company to Softlogic Capital PLC, the holding company of Softlogic Finance PLC, with a capital gain.