Asia Asset Finance PLC celebrates its 53rd year reaching a milestone of 80 branches island wide

Businesscafe - Sri Lanka’s leading gold-focused financial solutions provider, Asia Asset Finance PLC, has reached significant milestones in 2023 as it marks its 53rd anniversary, further solidifying its position as a key player in the country’s financial sector.

FriMi and Mastercard Collaborate to Deliver a Valuable Cricket World Cup VIP Experience

Businesscafe - FriMi, Sri Lanka's pioneering fully-fledged digital banking experience powered by Nations Trust Bank, joined forces with Mastercard to create an extraordinary cricket experience for fans during the Cricket World Cup.

Sarvodaya Development Finance PLC Initiates Groundbreaking Agricultural Upliftment Project

Businesscafe - In a bold step towards fostering sustainable agricultural practices and uplifting farming communities, Sarvodaya Development Finance PLC (SDF) has commenced its “Araliya Paddy Seeds” distribution project.

HNB Group records Rs 18.8 Bn in PAT for 9 months

Businesscafe - Hatton National Bank PLC posted a profit before tax of Rs 26.3 Bn and a profit after tax of Rs 16.6 Bn during the nine months ended September 2023.

Sunshine Holdings delivers robust performance in 1HFY24 with solid top and bottom line growth

Businesscafe - Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) continued to demonstrate resilience amidst prevailing macro-economic conditions, reporting solid top-line and bottom-line growth of 13.0% and 15.4% YoY.

First Capital Inaugural Branch in Jaffna Ready to Revolutionize Jaffna Financial Landscape

Businesscafe - First Capital Holdings PLC, a Janashakthi Group Company, proudly announces the inauguration of its first branch in the heart of Jaffna, marking a significant step towards making capital market products more accessible to the Jaffna community.

DFCC Bank Records Strong Performance Despite Economic Challenges in Q3 2023

Businesscafe - During the period under review, DFCC Bank remained committed to providing high-quality, customer-centric banking services across the country despite facing unprecedented challenges that affected the banking industry.

Nations Trust Bank PLC demonstrates a strong performance in 3Q 2023

Businesscafe - Nations Trust Bank continued its solid financial performance into the third quarter of 2023, with a Profit Before Tax (PBT) of LKR 19.4Bn and a Profit After Tax (PAT) of LKR 9.4 billion, a YoY increase of 78% for the nine months ended 30 September.

HNB celebrates World Thrift Day with a Green Pledge to save the environment

Businesscafe - HNB PLC, Sri Lanka's leading private sector bank, marked World Thrift Day with a resounding commitment to environmental conservation through a significant Green Pledge undertaken by all of its employees.

ComBank partners OUSL to offer loans up to Rs 10 mn. for Essex University degree programmes

Businesscafe - Higher education loans of up to Rs 10 million are now available from the Commercial Bank of Ceylon to undergraduates of the Open University of Sri Lanka (OUSL) enrolling for Bachelor’s or Master’s degrees from the University of Essex, UK.

U.S. International Development Finance Corporation reaffirms commitment with 30 Million Loan to Citizens Development Business Finance PLC to Support Sri Lankan Entrepreneurs

Businesscafe - During U.S. International Development Finance Corporation (DFC) CEO Scott Nathan’s trip to Colombo November 7-8, he announced $30 million in DFC financing to Citizens Development Business Finance PLC (CDB) to support women entrepreneurs, sustainable financing, and micro-, small and medium enterprises (MSMEs).