Businesscafe - The shares of UB Finance Company Limited (CODE: UBF-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on 14th August 2023.
Businesscafe - As a responsible corporate citizen and a premier private sector bank in Sri Lanka, Sampath Bank has once again showcased its unwavering commitment to supporting the Sri Lankan economy and its people throughout the past four to five years.
Businesscafe - Catering to the working capital needs of the business community, Sri Lanka’s most SME-friendly bank HNB PLC, announced the launch of Easy Draft, a new hybrid facility designed to meet operational capital and urgent cash flow needs.
Businesscafe - Mahindra IDEAL Finance Limited, a trailblazer in Sri Lanka’s financial landscape, continues its rapid branch network expansion, ensuring close proximity to its valued customers.
Businesscafe - ‘Arunalu Siththam’ – the island-wide children’s art competition conducted by the Commercial Bank of Ceylon – has been launched for the fourth year, and the Bank has announced it is opening the competition to Sri Lankan children currently living overseas, a new category.
Businesscafe - Hatton National Bank PLC continued its steady performance in Q2 2023, posting a 1H 2023 PBT of Rs 13.6 Bn, while 1H 2023 PAT stood at Rs 8.6 Bn, growing 56% YoY.
Businesscafe - DFCC Bank, the Bank for Everyone, has taken a significant step to support its customers amidst challenging times.
Businesscafe - Nations Trust Bank PLC reported a strong performance in 1H2023 posting a Profit Before Taxes (PBT) of LKR 12.6 Bn, up 174% year-on-year (YoY) and a Profit After Taxes (PAT) of LKR 6.1 Bn, supported by a 35% growth in Operating Income (YoY).
Businesscafe - Seylan Cards has partnered with several of Sri Lanka's leading AutoCare providers, such as U&H Wheel Service, DSI Tyres, Crown Tyres Pvt Ltd, Universal Tyre, Prince Tyre Service, Ideal Motors (Pvt) Ltd, Indra Motor Spares, and Pink Auto Shop to offer exclusive 0% interest Easy Payment Plans for automotive maintenance services, providing convenience and financial relief to Seylan Cardholders.
Businesscafe - HSBC Sri Lanka has been recognised with four industry awards, further cementing its position as the leading international bank in the country.
Businesscafe - The Commercial Bank of Ceylon Group has reported gross income of Rs 167.668 billion including a growth in interest income to Rs 150.812 billion for the first half of 2023, achieving healthy topline growths of 40.29% and 71.15% respectively in a period of significant volatility for the banking sector.
