Financial Performance
Businesscafe - The Commercial Bank of Ceylon Group has ended the first quarter of 2024 with a loan book of Rs 1.316 trillion, continuing the Bank’s focus on lending in a period where the appreciation of the Rupee negatively impacted the value of the loan book and resulted in a contraction of the balance sheet.
Businesscafe - Nations Trust Bank PLC reported a strong performance in the first 3 months of 2024, posting a Profit Before Tax (PBT) of LKR 7.5 billion, up 28% year-on-year (YoY) and a Profit After Tax (PAT) of 3.7 billion, up 35% YoY.
Businesscafe - The Colombo Stock Exchange (CSE) and the United States Agency for International Development (USAID) collaborated on a forum to provide small and medium sized enterprises (SMEs) in southern Sri Lanka with insights into opportunities to raise capital through the CSE.
Businesscafe - With the intention of supporting Sri Lanka’s healthcare system by ensuring increased access to emergency healthcare services, the CSE adopted two ambulances for the 1990 Suwa Seriya Foundation.
Businesscafe - Seylan Bank is set to enable the anticipated International Industry Expo 2024 for the 2nd consecutive year.
Businesscafe - The Commercial Bank of Ceylon has been voted Sri Lanka’s ‘Most Loved’ Bank brand and the second ‘Most Loved’ brand in the country overall in the ‘Service’ sector in 2024 by the leading business magazine LMD.
Businesscafe - Leading integrated financial services provider, HNB FINANCE PLC, announced a momentous collaboration with the Co-operative Thrift and Credit Union (Sanasa).
Businesscafe - Union Bank recently opened its newest digital zone in Pettah offering 24/7 Smart Banking services to customers and enhancing customer experience as part of the Bank’s ongoing
Digital Transformation initiatives.
Businesscafe - Sampath Bank, a leading innovator in Sri Lanka's banking industry, proudly unveiled its revolutionary mobile application, Sampath Vishwa Retail.
Businesscafe - DFCC Bank demonstrated resilience and continued its commitment to serving customers nationwide, delivering high-quality customer centric banking services amidst the ongoing revival of economic activity.
