One of Asia’s most respected financial publications has reaffirmed, for the ninth time, its verdict that Commercial Bank of Ceylon is the Best Bank in Sri Lanka.
As an annual event looked forward to by the country’s Advertising Agencies and Marketers, the highly coveted Sri Lanka’s 11th Effie Awards is set to take centre stage soon.
Stock markets gained on Tuesday, with chipmakers and companies exposed to Asia among the best performers, after Washington temporarily eased trade restrictions imposed last week on China’s Huawei.
The Commercial Bank of Ceylon has come forward to support students seeking to follow higher education programmes at the Sri Lanka Technological Campus (SLTC) by offering them Education Loans in collaboration with the campus.
Sampath Bank reported a net interest income of Rs. 10.2 Bn for Q1 2019 reflecting a noteworthy growth of 23.2% over the figure reported in Q1 2018, a significant achievement given the challenging economic conditions that prevailed throughout the period.
During the 1st Quarter of 2019, the Group reported a Net Profit of Rs.2.20 bn which is the highest ever during the first quarter of any year, with a remarkable 86.8% YoY growth compared to the same quarter in 2018.
The Commercial Bank of Ceylon has been named the most valuable private bank brand in Sri Lanka in 2019 in the 16th edition of the Brand Finance rankings of the country’s most valuable brands.
Sri Lanka’s leading integrated financial service provider HNB Finance partnered with the United States Agency for International Development (USAID) funded YouLead initiative to hold a series of specialised workshops and seminars for MSME customers and women entrepreneurs in the country.
The Government of Sri Lanka’s National Digital Economy strategy partly focuses on encouraging entrepreneurship and start-ups that will support the country’s digital economic drive.
Asia’s fastest growing marketplace Zilingo has raised US$226M in its recent Series D financing, bringing the total funds raised by the company to US$308M.
The Commercial Bank of Ceylon has partnered with Brown & Company for a leasing promotion offering more entrepreneurs an opportunity to avail of special monthly lease rentals and other benefits when purchasing tractors and agricultural equipment from the Company.
