Business News

ComBank further slashes lending rates

Thursday, 25 June 2020 06:47

The Commercial Bank of Ceylon has announced a further lending rate cut, slashing rates by up to 2% on all categories of loans in a continuing effort to bolster businesses affected by the COVID-19 pandemic by providing affordable access to desperately-needed funds.

KK Collection launches ‘Bamboo’ at KK Beach, Habaraduwa, Galle, on July 1, 2020.

Allianz Insurance Lanka Limited (Allianz Lanka) announced a host of advancements and new appointments to its senior management team.

The latest session in the Sri Lanka Tourism Alliance’s hugely successful resilience webinar series focused on “The Experience Economy – how to reset Sri Lanka sustainably and drive visitor spend for all sectors of the industry”.

Five Huawei devices are set for their debut in Sri Lanka at one of the biggest online launch events of the year, in June 2020.

Led by their vision of “helping people and businesses by providing financial services and information to achieve their goals and aspirations in a sustainable way”, Nations Trust Bank has identified the importance of assisting adversely affected businesses with a view to supporting the revival of the national economy.

Colombo’s newest landmark on Galle Face Centre is once again a hub of activity as construction gets back into swing following the lifting of the lockdown.

Leading Sri Lankan property developer Prime Group, is adding to its award-winning and extensive portfolio of housing projects with Waterfall Residencies, a tranquil, nature-friendly residential complex located on the prolific, booming neighborhood of Chandrika Kumaratunga Mawatha, Malabe.

HNB Assurance PLC (HNBA), one of Sri Lanka’s leading life insurers has gone live on Oracle Cloud Enterprise Resource Planning (ERP) to simplify and streamline its business processes as well as to increase visibility into its financial operations and support its mission to deliver better customer experiences to its policyholders.

Leading Sri Lankan Financial Services provider HNB FINANCE, recently had its National Long-term rating upgraded to 'AA-(lka)' with a negative outlook following the recalibration of Fitch's rating scale for Sri Lanka.