First Capital Holdings Delivers Profitable Start to FY24 25

Businesscafe - First Capital Holdings PLC (the Group) reported a Profit After Tax of Rs. 582 million for the quarter ended 30 June 2024, compared to Rs. 2.8 billion in the same period last year.

DFCC Bank Launches 1st Ever Co Branded Fuel Mastercard Credit Card with Savings Galore

Businesscafe - DFCC Bank has forged an exclusive partnership with Lanka IOC (LIOC) to introduce Sri Lanka's first-ever Co-Branded consumer fuel Mastercard Credit Card.

Nations Trust Bank American Express is gearing up for the festive season by offering its Cardmembers the chance to win a trip to the magical Prague Christmas Market

Businesscafe - Nations Trust Bank American Express is building excitement for the upcoming Christmas season by offering its Cardmembers the chance to win a trip to the Prague Christmas Market, a destination renowned for its festive atmosphere and historical charm.

ComBank ranked Most Respected Bank in Sri Lanka for 20th successive year

Businesscafe - The Commercial Bank of Ceylon has completed two decades as LMD’s Most Respected Bank in Sri Lanka, with the announcement of the magazine’s ‘Most Respected Entities in Sri Lanka’ rankings for 2024.

DirectPay recognized for its PCI DSS compliance has surpassed Rs. 30 billion mark in transaction processing

Businesscafe - DirectPay, a key player in Sri Lanka's digital payment landscape, has achieved a major milestone.

Union Bank Partners National Entrepreneurship Development Programme with th University of Moratuwa

Businesscafe - Union Bank (UB) proudly announced a new Memorandum of Understanding (MOU) with the University of Moratuwa (UoM) and the National Innovation Agency to support the National Entrepreneurship Development Programme (NEDP), aimed at empowering SMEs and youth aspiring to become entrepreneurs across Sri Lanka.

 Commercial Bank

Businesscafe - The Commercial Bank of Ceylon PLC has announced that it has successfully completed the largest rights issue to date by a bank in Sri Lanka, raising Rs 22.54 billion to increase the Tier I and total capital of the Bank to accommodate and facilitate future business growth.

Strong 1H 2024 Performance from Nations Trust Bank PLC

Businesscafe - Nations Trust Bank PLC reported a strong performance in the first half of 2024, achieving a Profit After Tax (PAT) of LKR 8 Bn, up 31% YoY.

HNB Group records Rs 16.2 Bn in PAT for 6 months

Businesscafe - Hatton National Bank PLC posted a profit before tax of Rs 25.8 Bn and a profit after tax of Rs 15.4 Bn during the six months ended June 2024.

 Resilient ComBank maintains growth impetus in Q2 despite external pressures

Businesscafe - Characteristically agile and proactive responses to market-specific dynamics have enabled the Commercial Bank of Ceylon Group to achieve commendable growth in the first half of 2024, despite a reduced topline.

Sampath Bank to Create History as Asia s Best Bank for Corporate Responsibility

Businesscafe - Sampath Bank is set to receive the prestigious ‘Asia’s Best Bank for Corporate Responsibility’ award at the Euromoney Awards for Excellence 2024, to be held on 12th September in Singapore.