Businesscafe - The Commercial Bank of Ceylon has entered into a landmark cooperation agreement with the Green Building Council of Sri Lanka, laying the framework for the two institutions to work together to promote eco-friendly building construction in Sri Lanka.
Businesscafe - People’s Leasing & Finance PLC (PLC) reported strong financial performance for the second quarter of the financial year 2023/24, recently, demonstrating unwavering resilience and a commitment to excellence, achieving significant year-on-year increases in Profit After Tax (PAT) for both the company and the Group.
Businesscafe - In the fast-paced world of finance, recognition for excellence is not easily attained.
Businesscafe - The Chamber of Young Lankan Entrepreneurs (COYLE) and Nations Trust Bank PLC have entered a partnership to address the crucial need for strengthening entrepreneurship and preparing the next generation of professionals to become successful local entrepreneurs.
Businesscafe - Financial Performance
Businesscafe - A heightened emphasis on lending has seen the Commercial Bank Group increase gross loans and advances by Rs 51.404 billion in the third quarter of 2023 at a monthly average of Rs 17.135 billion, growing its loan book by 4.33% over three months to Rs 1.239 trillion and reversing the trend of the first half of the year.
Businesscafe - The Commercial Bank of Ceylon has embarked on an ambitious nationwide tree planting campaign to plant 100,000 trees across Sri Lanka in three years, to help achieve country’s self-defined national climate pledges under the UN Paris Agreement.
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.
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.
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.
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.
