ComBank revolutionises Sri Lankan banking with wearable banking via Flash Digital Account

Businesscafe - The Commercial Bank of Ceylon has scaled new heights in digital innovation, becoming the first bank in Sri Lanka to take banking to the realm of wearable technology.

Softlogic Invest leverages on expertise of its Independent Advisory Committee to navigate market turbulence

Businesscafe - Softlogic Invest, the Asset Management arm of the Softlogic Group, recently marked the second year of operations in the Unit Trust space in Sri Lanka.

Seylan Bank recognized as Category Accelerator at Daraz Partner Performance Awards

Businesscafe - Seylan Bank was recognized for its commitment towards successful performance at the Daraz Partner Performance Awards held recently.

High impairment provisions neutralise solid 6 month operational growth of ComBank Group

Businesscafe - The Commercial Bank Group has reported a six-month financial performance that mirrors the impacts of the country’s macro-economic variables, with solid operational gains negated by extraordinary provisioning in the second quarter for impairment charges and other losses.

Nations Trust Bank PLC records steady performance in 1st half 2022 amidst challenging market conditions Gihan Cooray Hemantha Gunetilleke

Businesscafe - Nations Trust Bank PLC recorded steady performance at the end of 1H2022, achieving Operating Income of LKR 16.6Bn at a year-on-year growth rate of 50%.

Harsha Amarasekera Chairman Sampath Bank and Nanda Fernando Managing Director Sampath Bank

Businesscafe - Sampath Bank continued to maintain a solid capital base and stable liquidity profile in the first half of 2022 notwithstanding multiple economic challenges.

 Seylan Tikiri rewards children for WNPS Wild Kids Backyard Wildlife Photography Competition

Businesscafe - The Backyard Wildlife Online Photography Competition, organized by the Wildlife and Nature Protection Society’s (WNPS) Wild Kids initiative concluded recently for the third consecutive year.

CDB Empowers the Winning Spirit of Wesley College Rugby

Businesscafe - Citizens Development Business Finance PLC, will co-sponsored Wesley College Rugby throughout the schools Rugby season, empowering the winning spirit of the young sportspersons at the Inter-Schools Rugby Tournament 2022.

NDB Wealth Money Fund encourages Financial Planning practices

Businesscafe - Financial planning and managing investments are increasingly playing a critical role in the life of every individual.

Commercial Bank

Businesscafe - The Commercial Bank of Ceylon has been declared the Most Respected Bank in Sri Lanka for the 18th consecutive year and has retained its ranking as the fourth Most Respected corporate entity in the country overall, in the 2022 ‘Most Respected Entities in Sri Lanka’ rankings published by the LMD magazine.

 SLA Training School Accommodation Quarantine Complex completes first phase of construction Construction supported by CDB with LKR 10 Mn

Businesscafe - A state-of-the-art accommodation facility & quarantine centre complex which was supported by Citizens Development Business Finance PLC (CDB) completed its first phase of construction at the Sri Lanka Army Maduru Oya Training School this month.