Ambeon Holdings PLC, a medium sized diversified conglomerate was recently adjudged as the Most Innovative Company in Sri Lanka for the year 2019 by Global Banking and Finance Review – the leading financial and banking magazine in the UK.
HNB FINANCE Limited, a licensed finance company announced that its Initial Public Offering via Offer for Sale on the Colombo Stock Exchange (IPO) was oversubscribed.
HNB PLC weathered external headwinds in 2019 to post Rs 15 Bn in Group Profit After Taxes (PAT) and Rs 14 Bn in Bank PAT and remains the best capitalized bank in the sector.
HNB PLC secured the No. 1 ranking on the prestigious ‘Business Today Top 30’, further consolidating on a remarkable reputation for excellence and a legacy of innovation in the Sri Lankan banking industry.
With an ambitious plan to be a leading insurance provider in the country, Arpico Insurance PLC which is a fully owned subsidiary of one of Sri Lanka’s largest blue-chip conglomerate Richard Pieris & Company PLC, kick-started this year with six branch openings and achieved highest recorded sales.
Sampath Bank has been reaffirmed as one of Sri Lanka’s best performing companies by being ranked among the Business Today Top 30.
Commercial Bank’s Credit and Debit Card holders can now automate the settlement of their monthly electricity bills, following the addition of the Ceylon Electricity Board (CEB) to the Bank’s ‘Auto Bill Pay’ facility.
The Commercial Bank Group ended 2019 with the performance milestone of gross income surpassing Rs 150 billion for the first time, but substantially higher impairment charges and the impact of a full year of Debt Repayment Levy (DRL) in a year the Bank describes as “difficult for the Bank and the country,” saw declines in profit indicators.
The Commercial Bank of Ceylon has won the ‘Decade of Excellence’ Award for Retail Banking in Sri Lanka at the 10th edition of the annual awards of the prestigious UK publication Global Banking & Finance Review.
Combining talent, knowledge and teamwork, a group from Stax Inc. were recently titled Winners at Conquer Colombo 2020 – Colombo’s largest scavenger hunt – on the 9th of February 2020.
Cementing its presence in the region and in response to increasing customer demands, HNB FINANCE has now relocated their Ja-Ela & Negombo branches which are at 59 A, Negombo Road, Ja-ela and 58, St Josephs St, Negombo respectively.
