Finance

Sri Lanka’s Financial System Set for Recovery Amid Asset Quality Gains and Stronger Capital Buffers

Sri Lanka’s financial system is on the path to recovery, with expectations of improved asset quality and strengthened capital buffers, according to the.

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Finance

Chamber and SLBA Strengthen Partnership for Sustainable Finance

The Ceylon Chamber of Commerce and the Sri Lanka Banks’ Association (SLBA) have formalized and strengthened their partnership by signing a Memorandum of.

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Finance

Janashakthi Life Expands Reach with New Branch in Matugama

Janashakthi Life, a leading name in Sri Lanka’s insurance industry, has launched a new branch in Matugama, expanding its reach and making life.

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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.

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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.

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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.

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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.

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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.

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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.

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