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.
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 (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.
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.
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.
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.
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).
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.
SLIM NASCO Awards 2020, Sri Lanka’s premier national sales awards ceremony held in recognition of the outstanding performances of sales professionals gets underway for the 20th time.
The Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) announces the launch of Real Estate Investment Trusts (REITs) which now gives average investors an opportunity to reap the benefits of real estate investment and the advantages associated with investing in publicly traded securities on the CSE.
The Commercial Bank of Ceylon was recognised by the Central Bank of Sri Lanka (CBSL) for its pioneering efforts in enhancing the digital payments landscape of the country, including the launch of ‘ComBank Q+,’ the first Quick Response (QR) based Payment App to be certified and launched under LANKAQR.
