Finance

Pan Asia Bank Introduces Housing Loan Package with Solar Energy Option

Pan Asia Bank is revolutionizing homeownership by offering more than just a loan; it provides innovative, customized solutions to make securing a home.

  • October 9, 2024
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Finance

Hareendra Dissabandara Takes Office as Chairman of Sri Lanka SEC

Senior Professor Hareendra Dissabandara has been appointed as the new Chairman of the Securities and Exchange Commission (SEC) of Sri Lanka. Dissabandara has.

  • October 8, 2024
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Finance

Q+ Payment App Expands Accessibility for Multi-Bank Customers Through JustPay Integration

The Q+ Payment App, powered by Commercial Bank of Ceylon, has now expanded its accessibility to customers of other banks, thanks to its.

  • October 7, 2024
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Finance

Credit Card Debt Sees Modest Increase in August Amid Rising Private Credit

Consumer spending via credit cards has shown signs of growth, with the total outstanding credit card debt in licensed commercial banks rising by.

  • October 7, 2024
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Finance

Fitch Affirms LB Finance’s National Rating at ‘BBB+(lka)’; Outlook Stable

Fitch Ratings has reaffirmed LB Finance PLC’s National Long-Term Rating at ‘BBB+(lka)’ with a Stable Outlook. The rating reflects LB Finance’s solid financial.

  • October 7, 2024
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Finance

IFC Acquires 14.73% Stake in Sunshine Healthcare for Rs. 3.27 Billion

The International Finance Corporation (IFC), the private sector investment arm of the World Bank, has secured a 14.73% stake in Sunshine Healthcare Lanka.

  • October 7, 2024
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Finance

Dinesh Weerakkody Appointed as New Chairman of Union Bank of Colombo

Dinesh Weerakkody, a highly regarded professional with extensive experience in the banking sector, has been appointed as the new Chairman of Union Bank.

  • October 2, 2024
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Finance

Dhammika Perera Rejoins Hayleys as Co-Chairman

Dhammika Perera will rejoin the board of Hayleys Plc as Co-Chairman and non-executive director, effective October 1. Known as a philanthropist, strategist, and.

  • October 1, 2024
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Finance

Sri Lanka Central Bank Holds Rates Steady, Deflation Possible in Near Term

Sri Lanka’s central bank announced that it would maintain policy interest rates between 8.25% and 9.25%, citing the likelihood of deflation in the.

  • September 27, 2024
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