People’s Bank’s BASEL III, Tier 2 compliant, Unlisted, Rated, Unsecured, Subordinated, Redeemable Debenture issue was oversubscribed receiving in excess of Rs. 20 billion worth of bids during the early hours of the opening day itself in a strong expression of investor confidence.
From setting up businesses to managing finances and everything in between, Simplebooks, a leading company registrar has revolutionized the business landscape of Sri Lanka as a one-stop destination for all the finance, HR and legal needs, since its inception in 2016.
The Commercial Bank of Ceylon has announced several upgrades including self-registration and real time transaction notifications to its ground-breaking ComBank ePassbook mobile app, significantly increasing the flexibility of account management, user-autonomy and convenience.
Commercial Bank’s groundbreaking digital banking app ‘Flash’ has been upgraded with revolutionary features never before seen in the market, to enable users to compute the environmental impact of their spending through a ‘Save the Environment’ feature and better manage their expenses via an Advanced Budgeting feature.
Sri Lanka’s premier private sector bank HNB PLC, partnered with Diesel & Motor Engineering PLC (DIMO) the only authorised general dealer for Mercedes- Benz and Jeep in Sri Lanka, to offer customers an exclusive range of leasing packages inclusive of attractive interest rates and benefits.
In relation to the national interest of fostering a culture of entrepreneurship among Sri Lanka’s youth, Derana START UP 2021, the much-needed entrepreneurial TV show has commenced its search for interested applicants.
Senkadagala Finance PLC recently announced that it received a US $25 million 5 Year Green Investment Facility from Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO).
As the bank of the people, People’s Bank has stepped forward to fulfill its obligations and assist the Government’s ongoing efforts to re-start the Sri Lankan economy and help the people of the country to get some form of normalcy to their lives by reducing interest rates to 9% onwards across several loan schemes.
Sri Lanka’s fastest-growing life insurer, Softlogic Life has been ranked as the 7th most transparent listed company on the Colombo Stock Exchange as well as the most transparent insurance company in Sri Lanka by Transparency International Sri Lanka (TISL) in its latest report titled ‘Transparency in Corporate Reporting (TRAC): Assessing the Top 50 Listed Companies in Sri Lanka’.
NDB Wealth Management continues to be ranked as the number one Wealth manager in Sri Lanka.
Mahindra Finance, India’s leading Non-Banking Finance Company together with Ideal Finance Ltd, the finance arm of the Ideal Group, recently introduced a special COVID Sahana package to facilitate buyers of Mahindra personal and light commercial vehicles with affordable hire purchase plans.
