Businesscafe - Transformation and the creation of new business models leveraging digital disruption was the focus of the second edition of the Commercial Bank of Ceylon’s Leadership Readiness Forum (LRF), one of the elements of the Bank’s ongoing Middle Management Development Programme.
Businesscafe - The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) will be organizing the “Varsity Battles 2023”, an inter-university quiz competition, with the objective of educating university students of all state universities on the capital market.
Businesscafe - The Commercial Bank of Ceylon has launched an immersive E-exhibition featuring the outstanding art of the winners of the popular ‘Arunalu Siththam’ Children's Art Competition 2022.
Businesscafe - Strengthening its commitment to economic revival, Sri Lanka’s leading private sector bank HNB PLC, revived the SOLO Avurudu Pola in partnership with over 200 merchants from its extensive Micro, Medium and Small (MSME) portfolio promoting cashless and contactless payments.
Businesscafe - The following commentary relates to the unaudited Financial Statements for the period ended 31 March 2023, presented in accordance with Sri Lanka Accounting Standard 34 (LKAS 34) on “Interim Financial Statements”.
Businesscafe - Following a turbulent year marred by the country facing its most profound economic crisis post-independence, Hatton National Bank PLC made a resilient start to 2023, posting a PBT of Rs 10.7 Bn, up 80% YoY, while PAT stood at Rs 6.9 Bn in the first quarter, growing 42% YoY.
Businesscafe - Sampath Bank continued to reinforce its commitment to all stakeholders notwithstanding the ongoing economic challenges.
Businesscafe - The Commercial Bank of Ceylon Group’s deposit base has surpassed Rs 2 trillion, a milestone it achieved in the first quarter of 2023 despite the continuing impacts of mercurial exchange rates and market interest rates, and the effects of the economic downturn on multiple sectors of business.
Businesscafe - Mastercard has partnered with Maldives Transport & Contracting Company (MTCC) and Bank of Maldives (BML) to roll out the first multi-model, open loop transit payment and digital ticketing system in South Asia.
Businesscafe - Sri Lanka’s most digitally savvy bank, HNB PLC, reaffirmed its commitment to develop and support the national healthcare sector through its flagship ‘Oba Venuwen Api’ initiative with the donation of seven VDI mini computers to the Cardiology Unit of the National Hospital of Sri Lanka (NHSL).
Businesscafe - Ideahub completes four years as the primary digital partner of HNB, Sri Lanka’s largest private-sector commercial bank.
