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 Understanding (MOU) to promote sustainable finance and financial inclusion in Sri Lanka. This collaboration aims to build both demand-side and supply-side capacities in sustainable finance, supporting the advancement of Sri Lanka’s Sustainable

Read More
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 Rs. 22.54 billion. This significant capital increase aims to boost the bank’s Tier I and total capital, enabling future business expansion. The rights issue offered existing holders of ordinary voting and non-voting

Read More
Industry Analysis

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

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

Read More