The Q+ Payment App, powered by Commercial Bank of Ceylon, has now expanded its accessibility to customers of other banks, thanks to its integration with the JustPay platform by LankaPay, the operator of Sri Lanka’s national payment network. With this integration, customers from any domestic bank that supports JustPay can now download and use the
HNB PLC has partnered with the Institute of Bankers of Sri Lanka (IBSL) to introduce the Diploma in Microfinance programme, aimed at enhancing the skills and knowledge of HNB’s microfinance staff. The programme’s inauguration took place at HNB Towers, with key figures such as IBSL Director General C.P.A. Karunatilake, HNB Chief Operating Officer Sanjay Wijemanne,
HNB PLC, one of Sri Lanka’s leading private banks, has partnered with the Institute of Bankers of Sri Lanka (IBSL) to launch the IBSL’s Diploma in Microfinance Programme for its microfinance staff. The inaugural event, held at HNB Towers, saw the participation of key figures including IBSL Director General C.P.A. Karunatilake, HNB COO Sanjay Wijemanne,
People’s Leasing & Finance PLC, a trusted name in Sri Lanka’s non-banking financial sector, has introduced the GoldCash card, an innovative financial tool available to customers from October 1. This new product offers a convenient, flexible, and secure method for individuals to leverage their gold assets for credit. Speaking on the launch, CEO Sanjeewa Bandaranayake
WEBXPAY has announced the appointment of Thilak Piyadigama as its new Executive Chairman, marking a significant step forward in enhancing digital payment solutions in Sri Lanka. With over 30 years of expertise in banking and technology, Piyadigama brings a wealth of experience to his new role. Piyadigama is set to lead WEBXPAY into an era
More than 135,000 beneficiaries of Sri Lanka’s Aswesuma poverty alleviation program cannot receive their monthly payments due to not having bank accounts, a top government official has stated. Although the government has approved 1.8 million households as Aswesuma beneficiaries from last year’s applicants, around 200,000 beneficiaries have not received any benefits, according to the official.
Sarvodaya Development Finance (SDF) has reported its highest-ever profits for the financial year 2023/24, driven by significant growth in key financial metrics: SDF’s Total Assets grew by 27.7%, surpassing the industry average of 7.7%, while the Lending Portfolio increased by 29.5% against the industry average of 4.5%. Deposits rose by 21%, outpacing the industry’s 8.8%.