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Swiss based Enabling Qapital makes its maiden investment in Sri Lanka with Alliance Finance Co. PLC to support MSME Entrepreneurs across the country

Published in Money
Tuesday, 04 January 2022 05:21
  Businesscafe - Sri Lanka’s oldest finance company, Alliance Finance Company PLC (AFC), has secured a USD 5 Mn medium term financing facility from impact investing fund, EMF Microfinance Fund AGmvK, Liechtenstein advised by Swiss based Enabling Qapital S.A. ...
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Alliance Finance Company PLC secures USD 10 Mn Netherlands’ FMO in long term financing

Published in Money
Monday, 27 December 2021 04:22
Businesscafe - Sri Lanka’s oldest finance company, Alliance Finance Company PLC (AFC), has received the second tranche of USD 5 Mn from the Dutch Entrepreneurial Development Bank (FMO) as part of a long-term financing facility of USD 10M to expand its growing portfolio of MSME business. ...
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Sarvodaya Development Finance IPO oversubscribed on opening day

Published in Money
Wednesday, 24 November 2021 06:54
Businesscafe - Sarvodaya Development Finance’s (SDF) Rs. 1 billion Initial Public Offering (IPO) was oversubscribed on the initial opening day. ...
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DFCC Bank Partners with DFC United States for USD 150 Mn Bilateral Loan to Support the MSME Sector

Published in Money
Monday, 22 November 2021 11:23
  Businesscafe - DFCC Bank, one of the premier commercial Banks in Sri Lanka, in its path towards securing a resilient nation through the facilitation of equitable and inclusive economic growth, seeks to comprehensively utilize one of the largest credit lines of USD 150 Mn available to the Bank from the U.S. government’s International Develop...
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HNB - CCC Residences partnership to offer prospective residents ZiF Investments facility

Published in Money
Sunday, 21 November 2021 10:55
Businesscafe - Sri Lanka’s most customer friendly bank HNB PLC partnered once again with the Colombo City Centre Residences (CCC) to offer prospective residents of the luxury state-of-the-art apartment complex the unique ZiF (Zero Interest and Fees) facility for the remaining 15 apartments available for occupancy. ...
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Sampath Bank and NDB Bank underwrite Sarvodaya Development Finance IPO

Published in Money
Saturday, 20 November 2021 05:07
Businesscafe - The Initial Public Offering (IPO) of Sarvodaya Development Finance (SDF) will open to the public on 23rd November and will comprise an initial issue of 22,727,273 shares raising LKR 500 Mn followed by a green shoe issue of a further 22,727,273 shares for an additional LKR 500 Mn. ...
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Seylan Bank’s Mannar Branch Gets Spacious New Location

Published in Money
Friday, 19 November 2021 13:57
Businesscafe - Seylan Bank, the Bank with a Heart, relocated its Mannar Branch to a spacious new location on the 15th of November 2021, the new and improved branch is conveniently located at No. 181, Thalaimannar Road, Mannar and will be in operation from today. ...
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Sarvodaya Development Finance successfully concludes Virtual Investor Forum (06 Photos)

Published in Money
Friday, 19 November 2021 03:06
Businesscafe - Sarvodaya Development Finance (SDF), the financial services arm of one of Sri Lanka’s oldest social movements, the Sarvodaya Shramadana Movement, recently concluded its Investor Forum. ...
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SampathCards Recognized by Daraz for Highest Revenue Contribution

Published in Money
Tuesday, 16 November 2021 14:33
Businesscafe - SampathCards was conferred with the Best Revenue Generating Overall Card Base award by Daraz at the recently concluded Daraz Payment Partner Performance Awards 2021. ...
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DFCC Bank receives an honourable mention as one of Sri Lanka’s ‘Most Admired Companies’

Published in Money
Tuesday, 16 November 2021 14:13
Businesscafe - DFCC Bank, the premier commercial Bank in Sri Lanka, has been selected in the ‘Top 5 Honourable Mentions’ at the Chartered Institute of Management Accountants-International Chamber of Commerce Sri Lanka-Daily FT ‘Most Admired Companies of Sri Lanka 2021’ award ceremony. ...
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