Once again proving its environmental consciousness, Sampath Bank published its Integrated Annual Report 2019 as a carbon neutral product for the fifth consecutive year.
The Covid-19 financial crisis led to a crash in SL Sovereign Bond prices from $100 to an all-time low of $48.15 in May as investors ran to the safety of US treasuries exiting Asian bonds.
Sri Lanka’s leading private sector bank HNB PLC, partnered with Brown & Company PLC to offer affordable leasing packages inclusive of attractive benefits for agricultural vehicles in the SME sector.
The Board of Directors of the Colombo Stock Exchange (CSE) congratulates the new Government led by His Excellency President Gotabaya Rajapakse and Prime Minister Mahinda Rajapakse on receiving a convincing mandate at the recently concluded General Election.
The Angel Fund, an initiative of the Lankan Angel Network (LAN), established with the support of ecosystem development partner Ford Foundation, has begun accepting applications from early-stage startups in Sri Lanka with regional and global growth potential that is not limited to the tech industry.
House of Fashions, a fashion retail landmark in Sri Lanka, has taken its offering online and has appointed the Commercial Bank of Ceylon as its Internet Payment Gateway (IPG) service provider to facilitate this development.
Ceylinco Life has reported gross income of Rs 17.1 billion for the first half of 2020, an improvement of 14.9 per cent over the corresponding period of last year, demonstrating the Company’s ability to grow volumes even in challenging conditions through a focus on its core business and on astute investment management.
People’s Bank held a discussion with the Spices and Allied Products Producers' and Traders Association (SAPPTA) with the aim of creating tailor-made financial solutions to boost spice exports.
The grand draw identifying winners of a Hyundai Grand i10 car, three scooters, and other prizes including home appliances and electronic items was held recently, concluding Commercial Bank of Ceylon’s ‘Gedarata Thégi 3’ remittance promotion of 2019.
People’s Bank’s BASEL III, Tier 2 compliant, Unlisted, Rated, Unsecured, Subordinated, Redeemable Debenture issue was oversubscribed receiving in excess of Rs. 20 billion worth of bids during the early hours of the opening day itself in a strong expression of investor confidence.
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