Businesscafe - Sri Lanka will be able to deploy its first credit and debit card-enabled vending machines following a collaboration between the Commercial Bank of Ceylon, the country’s biggest private sector bank, and Ceylon Business Appliances (CBA), a leading financial technology solutions company. ...

DFCC Bank Clinches 4 Gold Awards

Published in Money
Wednesday, 22 May 2024 08:25
Businesscafe - DFCC Bank was honoured for its marketing campaigns on digital platforms with 4 prestigious Gold Awards for outstanding Creativity, Innovation, Effectiveness, and Corporate Social Responsibility at the illustrious awards ceremony held in Mumbai. ...
Businesscafe - In a move to spur sustainable investments in Sri Lanka, the International Finance Corporation (IFC) and the European Union (EU) partnered with the Commercial Bank of Ceylon (CBC) to scale up green finance, supporting the country’s commitments towards a low-carbon economy. ...
Businesscafe - Nations Trust Bank announced its acclaimed ‘We Transfer More Than Just Money’ initiative for the year 2024. ...
Businesscafe - DFCC Bank recently unveiled its Annual Report 2023, spotlighting the Bank's remarkable achievements against a backdrop of formidable challenges and exciting opportunities. ...
Financial Performance ...

ComBank begins 2024 with impressive growth

Published in Money
Tuesday, 14 May 2024 12:48
Businesscafe - The Commercial Bank of Ceylon Group has ended the first quarter of 2024 with a loan book of Rs 1.316 trillion, continuing the Bank’s focus on lending in a period where the appreciation of the Rupee negatively impacted the value of the loan book and resulted in a contraction of the balance sheet. ...

Nations Trust Bank PLC delivers a strong 1Q 2024

Published in Money
Tuesday, 14 May 2024 12:13
Businesscafe - Nations Trust Bank PLC reported a strong performance in the first 3 months of 2024, posting a Profit Before Tax (PBT) of LKR 7.5 billion, up 28% year-on-year (YoY) and a Profit After Tax (PAT) of 3.7 billion, up 35% YoY. ...
Businesscafe - Seylan Bank is set to enable the anticipated International Industry Expo 2024 for the 2nd consecutive year. ...
Businesscafe - The Commercial Bank of Ceylon has been voted Sri Lanka’s ‘Most Loved’ Bank brand and the second ‘Most Loved’ brand in the country overall in the ‘Service’ sector in 2024 by the leading business magazine LMD. ...