Industry Analysis

Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.

Industry Analysis

Sampath Bank to Raise Rs. 10 Billion via Basel III Compliant Debentures

Sampath Bank has announced plans to raise up to Rs. 10 billion via Basel III compliant, tier 2, listed, rated, unsecured, subordinated, redeemable.

  • August 12, 2024
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Finance

DFCC Bank Sells Sovereign Bonds, Records Provision Reversal

DFCC Bank has reported a partial sale of its Sri Lankan sovereign bond holdings, resulting in a loss of 2.17 billion rupees. This.

  • August 12, 2024
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Finance

HNB to Raise Up to Rs12 Bn Through Debenture Issue

Hatton National Bank Plc (HNB) is set to raise up to Rs12 billion through a new debenture issue, the bank announced. The debentures,.

  • August 12, 2024
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Industry Analysis

Union Assurance Teams Up with Union Chemists for Discounts and Enhanced Benefits

Union Assurance, Sri Lanka’s leading life insurer, is enhancing its customer support by partnering with Union Chemists, a renowned pharmaceutical provider with over.

  • August 9, 2024
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Industry Analysis

AIA Sales Convention 2024 Honors Top Performers with Innovation

AIA Insurance recently hosted the AIA Sales Convention 2024 at Shangri-La Colombo, under the inspiring theme ‘WINGS UP – to fly beyond Everest’..

  • August 9, 2024
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Finance

Sampath Bank Reports 45% Increase in PAT for 1H 2024

Sampath Bank announced a significant financial performance for the first half of 2024, with a 45% increase in profit after tax (PAT) to.

  • August 9, 2024
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Finance

Amãna Bank Expands Self-Banking Services with New Centre in Kattankudy

Amãna Bank has inaugurated its latest self-banking centre at Kattankudy Beach Road, marking a significant expansion in its network. This new facility, located.

  • August 8, 2024
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Finance

Pan Asia Bank Unveils ‘SME Re-Energizer’ Loan to Support Business Growth

Pan Asia Bank has launched its new ‘SME Re-Energizer’ loan, a collaborative initiative with the Sri Lankan Government aimed at providing crucial financial.

  • August 8, 2024
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Industry Analysis

Sanjeewa Bandaranayake Appointed CEO/GM of People’s Leasing & Finance

People’s Leasing & Finance PLC (PLC), a leading non-bank financial services institution and a subsidiary of People’s Bank, has announced the appointment of.

  • August 8, 2024
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Industry Analysis

Sri Lanka International Insurance Summit 2024: Aug 12-14 at Shangri-La Colombo

The Insurance Association of Sri Lanka (IASL) is set to host the ‘Sri Lanka International Insurance Summit 2024’ from August 12-14 at the.

  • August 8, 2024
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