Industry Analysis

HSBC Named ‘Best International Bank in Sri Lanka’ by Euromoney

  • July 23, 2024

HSBC Sri Lanka has been awarded the title of ‘Best International Bank in Sri Lanka’ by Euromoney in their Awards for Excellence 2024. This accolade acknowledges HSBC’s commitment to digitisation and delivering competitive financial services, reflected in its exceptional financial results in 2023. The award also highlights key achievements in Wholesale Banking, Sustainable Finance, and

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Industry Analysis

ComBank’s Largest Debenture Oversubscribed on Opening Day, Raises Record Rs. 20 bn

  • July 3, 2024

The Commercial Bank of Ceylon’s debenture issue, the largest ever by a private bank in Sri Lanka, closed after being oversubscribed on its opening day (July 2), raising Rs. 20 billion. This milestone underscores investor confidence in the institution. Announcing the oversubscription, the bank revealed it received applications for more than three times the Rs.

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