Finance

JXG IPO opens tomorrow

JXG IPO opens tomorrow as the parent company of the Janashakthi Group moves to raise fresh capital from the market, marking a significant.

Read More
Finance

Fraud-hit NDB share price falls 15% after trading halt lifted

Fraud-hit NDB share price falls 15% after trading halt lifted as investors reacted sharply to recent fraud disclosures, triggering significant selling pressure when.

Read More
Finance

NDB Board gets flack for ignoring high Rs. 12.3 b receivables arising from CEFT deals

NDB Board gets flack for ignoring high Rs. 12.3 b receivables arising from CEFT deals as governance concerns intensify following revelations of a.

Read More
Finance

IMF staff-level agreement to be signed tomorrow: President

IMF staff-level agreement to be signed tomorrow: President announced in Parliament, signaling a critical step in Sri Lanka’s economic recovery with expected inflows.

Read More
Finance

ComBank Shakthi Agency Banking network expands

ComBank Shakthi Agency Banking network has been significantly expanded by Commercial Bank of Ceylon, reinforcing its commitment to improving access to financial services.

Read More
Finance

Cargills Bank Ocean Plastic Debit Card launched

Cargills Bank Ocean Plastic Debit Card marks a milestone in Sri Lanka’s banking sector, introducing an environmentally responsible payment solution designed to tackle.

Read More
Finance

Acorn Group accelerates growth agenda with new executive appointments

Acorn Group accelerates growth agenda with new executive appointments as it strengthens its senior leadership team to support strategic expansion and operational transformation.

Read More
Finance

CBSL to push bank consolidation if industry moves too slow

CBSL to push bank consolidation if industry moves too slow as regulators intensify efforts to strengthen financial stability and competitiveness within Sri Lanka’s.

Read More
Finance

Sri Lanka’s NDB reports Rs13.2bn internal fraud loss

Sri Lanka’s NDB says loss from internal fraud Rs13.2bn, a disclosure that has sent ripples through the banking sector while the lender reassures.

Read More
Finance

ADB approves emergency financing for crisis response

ADB approves emergency financing to strengthen rapid crisis response capabilities across Asia and the Pacific, introducing a new mechanism designed to deploy funds.

Read More