Building on efforts to finance a grassroots revival of the national economy, Sri Lanka’s highest ranked private sector bank in the Banker Top 1000 world banks ranking, HNB PLC, ramped up assistance to individuals and enterprises negatively impacted by the COVID-19 pandemic by granting debt moratoriums worth Rs. 350 billion as at the end of June 2020.
Industrial Asphalts (Ceylon) PLC (IAC), a company listed on the Colombo Stock Exchange under the stock code ASPH.N is going through a capital raising exercise with the announcement of the rights issue.
The Commercial Bank of Ceylon conducted a webinar on Financial Literacy and Banking Solutions for Small, Medium and Micro Entrepreneurs recently, in collaboration with the Institute of Certified Management Accountants (CMA) of Sri Lanka.
People’s Bank held a ceremony in the Keppetipola region of Badulla to distribute Aswenna loans, a unique product launched to support the Government’s development programme to create a self-sufficient nation.
Catering to the rapidly increasing demand for digital payment solutions Sri Lanka's leading private sector bank HNB PLC and Lanka IOC PLC, a top-ranked listed energy company launched phase 1 of contactless payment options via the Solo Digital Payment App by HNB at 41 Lanka IOC Petrol Sheds across the island with phase 2 set to offer the facility at a further 167 sheds.
Huawei announced its business results for the first half of 2020 today.
The Commercial Bank of Ceylon has announced that its merchant base registered to offer Easy Payment Plans (EPPs) and 0% interest purchase to the Bank’s Credit Card holders has reached 2000, significantly enhancing the benefits and convenience enjoyed by this customer segment.
The Finance Houses Association of Sri Lanka (FHA) announced that it will continue to empower the nation with ethical finance practices while acting as the mediator to the non-banking financial industry.
Sri Lanka's leading integrated financial services provider HNB FINANCE, is further expanding the footprint of their chain of prestigious gold loan facilities with a center at the HNB FINANCE branch located at Bandaranayake Junction, Padaviya.
The Colombo Stock Exchange (CSE) has expanded the eligibility criteria for initial listing of shares on the Main Board and the Diri Savi Board which will enable a wider spectrum of companies to qualify for a listing.
Standard Chartered Sri Lanka announced today that Brandix is the latest company to complete a drawdown from the Bank’s global USD1 billion COVID-19 financing commitment, underscoring its ongoing efforts to support local businesses in the pandemic response.
