People’s Bank Records Rs. 6.4 Billion PAT for Q3 2024, Reflecting Strong Performance
People’s Bank has reported a profit-after-tax (PAT) of Rs. 6.4 billion for the third quarter of 2024, despite the challenging macroeconomic environment in.
Finance
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
Industry Analysis
Commercial Bank of Ceylon Ranks Second in LMD 100 for 2023-24
The Commercial Bank of Ceylon has achieved the remarkable feat of being ranked second in the ‘LMD 100’ for 2023-24, advancing five positions.
- October 4, 2024
Business
Sanasa Development Bank Appoints Kapila Prasanna Ariyaratne as New CEO
Sanasa Development Bank PLC has announced the appointment of Kapila Prasanna Ariyaratne as its new Executive Director and Chief Executive Officer (CEO), effective.
- September 30, 2024
Finance
HSBC Sri Lanka Named Best Consumer Digital Bank for Fourth Consecutive Year by Global Finance
HSBC Sri Lanka has been named Best Consumer Digital Bank in the country for the fourth consecutive year by Global Finance in the.
- August 30, 2024
Industry Analysis
Union Bank Appoints Dilshan Rodrigo as New Chief Executive Officer
Union Bank has appointed Mr. Dilshan Rodrigo as its new Director/Chief Executive Officer, effective August 16, 2024. With over two decades of experience.
- August 16, 2024
Business
ComBank Secures Historic Rs. 22.54 Billion Through Record-Breaking Rights Issue
The Commercial Bank of Ceylon PLC has successfully completed the largest rights issue ever by a bank in Sri Lanka, raising a substantial.
- August 16, 2024
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
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
Industry Analysis
Fitch Affirms ‘A-(lka)’ Rating for National Development Bank with Stable Outlook
Fitch Ratings has reaffirmed the ‘A-(lka)’ National Long-Term Rating for Sri Lanka’s National Development Bank Plc (NDB), maintaining a Stable outlook. This decision.
- July 25, 2024