Demonstrating strong investor confidence in its vibrant prospects and high growth potential, the Initial Public Offering (IPO) of Amana Takaful Life Limited – via an Offer for Sale of LKR 75 million – was oversubscribed at its opening on 21st July, 2016.
KasiWasi, the country’s newest and most technologically innovative and efficient mobile app for shoppers, recently launched its services to offer consumers the convenience of obtaining coupons and discounts via their mobile phone, for a variety of categories including shopping, dining, entertainment and a countless number of other services.
The Commercial Bank of Ceylon PLC has become the only Sri Lankan bank to be ranked among the Top 1000 Banks of the World for the sixth year running, setting yet another benchmark for consistency.
The Commercial Bank of Ceylon has opened a second branch in Batticaloa, to better serve customers in this important east coast city.
Dr Chris Nonis - the minority shareholder and incumbent Chairman failed in all five cases purporting to prevent the shareholders Extra General Meeting (EGM) and the appointment and functioning of three new directors appointed by the majority shareholders holding more than 60%, onto the board of Mackwoods Securities (Pvt)Limited- the holding company of the Mackwoods Group of Companies.
The Commercial Bank of Ceylon has announced that it has completed the upgrade of its automated teller machine (ATM) network in Sri Lanka to EMV Chip capability, significantly enhancing security against fraud by conforming to the EMV standards of the various card brands that are accepted by the Bank’s ATMs.
In what seemed to the second most significant derivative action since the Companies Act no 7of 2007 came in to effect, the majority shareholders (holding more than 60% share holding) of Mackwoods Securities (Private) Ltd, the holding company of Mackwoods Group of Companies; were given green light by the Commercial High Court to hold an Extraordinary General Meeting (EGM).
Diesel and Motor Engineering PLC (DIMO) has yet again been recognized as one of the ‘Great Places to Work in 2016’ in Sri Lanka.
Retired Commissioned Officer (Katunayake International Airport) and mother of two Prasanthika Gayani De Mel, from Homagama, has been selected as the winner of the NDB Wealth “Share Your Savings Stories and Win!” online competition.
Parents can ensure their hard-earned savings for their children will grow in to millions when the children turn 18 years of age, under the new ‘Isuru’ Minors’ Savings Plan unveiled by Commercial Bank of Ceylon PLC, Sri Lanka’s largest private bank.
By offering a gamut of personalised advisory services, from investments to travel – in addition to other personalized services enjoyed by customers, Hatton National Bank (HNB) PLC is seeking to set a new benchmark in terms of customer convenience in the country’s high net-worth domain.
