The Commercial Bank of Ceylon Group has reported mixed results for the first half of 2020, with robust top line growth negated by a combination of factors including pressure on interest margins due to reduced credit demand and interest concessions granted as pandemic relief to borrowers, increasing impairment provisions and low yields on surplus liquidity.
Reiterating its customer centricity, Mobitel, one of Sri Lanka’s leading mobile service providers, has constantly addressed the needs of mobile consumers with innovative products and services.
Softlogic Finance PLC is pleased to announce the appointment of key members to its Senior Leadership Team. Roger Rozairo joins as its new Chief Operating Officer; Ivon Brohier, as its new Chief Financial Officer and Dayan Ranasinghe, as its new Head of Delivery Channels.
JAT Holdings, Sri Lanka’s trusted leader of wood coatings, recently announced the launch of “Sayerlack Sathkaraya” – a thematic campaign which assures overall protection & care for wooden furniture with the range of JAT Sayerlack wood care products.
The Digital Innovation Fund, managed by BOV Capital, has Secured Funding of LKR 100 million in Agrithmics (Pvt) Ltd, an agile Sri Lankan Agri-Tech, IoT cloud-based integrated Process Automation and Fintech solution company that digitally enables a variety of agriculture industries ranging from small-hold farms, their larger buyers and plantation companies.
Emirates will resume passenger flights to Warsaw from 4 September starting with twice-a-week services, and increasing to three-a-week from 7 October.
Uber has relaunched its on-trip 24x7 Safety Helpline in Sri Lanka to ensure the safety of riders and to provide them greater peace of mind.
Experienced and versatile business professional Dinal Peiris was appointed as the Chairman of Lanka Aluminium Industries PLC, Sri Lanka’s premier manufacturer of high quality aluminium extrusions for high-rise buildings and other applications where he held the position of Managing Director since 1999.
Tikiri Toys – the hugely successful Sri Lankan brand of natural play products – has been awarded the prestigious ‘Ethical Gift of the Year’ title at the recently held NEC Spring Fair Birmingham 2020.
The Commercial Bank of Ceylon has introduced a new service for the benefit of its ComBank Credit Cardholders – ‘Card Balance by Missed Call’ – a Missed Call Alert Service to increase the convenience enjoyed by them.
