Seylan Cards launches all new rewards scheme

Businesscafe - Seylan Cards, announced the launch of the much anticipated loyalty programme for its valued Credit Cardholders.

The prestigious Nations Trust Golf Championship swings into action

Businesscafe - Nations Trust Bank is pleased to announce the highly anticipated Nations Trust Golf Championship, set to take place on May 27, 2023 at the Royal Colombo Golf Club (RCGC).

ComBank powers middle management development programme to navigate digital disruption and to embrace the new leadership paradigm

Businesscafe - Transformation and the creation of new business models leveraging digital disruption was the focus of the second edition of the Commercial Bank of Ceylon’s Leadership Readiness Forum (LRF), one of the elements of the Bank’s ongoing Middle Management Development Programme.

SEC CSE Varsity Battles 2023 to commence with University of Rajarata University of Jaffna

Businesscafe - The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) will be organizing the “Varsity Battles 2023”, an inter-university quiz competition, with the objective of educating university students of all state universities on the capital market.

ComBank launches E exhibition for drawings of Arunalu Siththam winners

Businesscafe - The Commercial Bank of Ceylon has launched an immersive E-exhibition featuring the outstanding art of the winners of the popular ‘Arunalu Siththam’ Children's Art Competition 2022.

HNB drives digital adoption payment among small businesses with SOLO Avurudu Pola

Businesscafe - Strengthening its commitment to economic revival, Sri Lanka’s leading private sector bank HNB PLC, revived the SOLO Avurudu Pola in partnership with over 200 merchants from its extensive Micro, Medium and Small (MSME) portfolio promoting cashless and contactless payments.

DFCC Bank Delivers Strong Financial Performance Despite Adverse Market Conditions

Businesscafe - The following commentary relates to the unaudited Financial Statements for the period ended 31 March 2023, presented in accordance with Sri Lanka Accounting Standard 34 (LKAS 34) on “Interim Financial Statements”.

HNB records Rs 6.9 Bn PAT in Q1 2023

Tuesday, 16 May 2023 04:12

HNB Chairperson Aruni Goonetilleke and HNB Managing Director CEO Jonathan Alles

Businesscafe - Following a turbulent year marred by the country facing its most profound economic crisis post-independence, Hatton National Bank PLC made a resilient start to 2023, posting a PBT of Rs 10.7 Bn, up 80% YoY, while PAT stood at Rs 6.9 Bn in the first quarter, growing 42% YoY.

Sampath Bank maintains a strong value proposition to all its stakeholders amidst ongoing economic challenges

Businesscafe - Sampath Bank continued to reinforce its commitment to all stakeholders notwithstanding the ongoing economic challenges.

ComBank Group s deposits pass Rs 2 Trillion threshold in Q1 amidst challenges

Businesscafe - The Commercial Bank of Ceylon Group’s deposit base has surpassed Rs 2 trillion, a milestone it achieved in the first quarter of 2023 despite the continuing impacts of mercurial exchange rates and market interest rates, and the effects of the economic downturn on multiple sectors of business.

Mastercard collaborates with Maldives Transport and Bank of Maldives to enable digital payments acceptance on the country s public transport network

Businesscafe - Mastercard has partnered with Maldives Transport & Contracting Company (MTCC) and Bank of Maldives (BML) to roll out the first multi-model, open loop transit payment and digital ticketing system in South Asia.