ComBank launches E exhibition for drawings of Arunalu Siththam winners

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.

HNB drives digital adoption payment among small businesses with SOLO Avurudu Pola

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.

DFCC Bank Delivers Strong Financial Performance Despite Adverse Market Conditions

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”.

HNB records Rs 6.9 Bn PAT in Q1 2023

Tuesday, 16 May 2023 04:12

HNB Chairperson Aruni Goonetilleke and HNB Managing Director CEO Jonathan Alles

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.

Sampath Bank maintains a strong value proposition to all its stakeholders amidst ongoing economic challenges

Businesscafe - Sampath Bank continued to reinforce its commitment to all stakeholders notwithstanding the ongoing economic challenges.

ComBank Group s deposits pass Rs 2 Trillion threshold in Q1 amidst 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.

Mastercard collaborates with Maldives Transport and Bank of Maldives to enable digital payments acceptance on the country s public transport network

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.

HNB reaffirms commitment to healthcare equips NHSL Cardiology Unit with VDI mini computers

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).

 Ideahub drives HNB s digital strategy

Businesscafe - Ideahub completes four years as the primary digital partner of HNB, Sri Lanka’s largest private-sector commercial bank.

Union Bank Goes Eco-Friendly This Vesak

Saturday, 13 May 2023 09:21

 Union Bank Goes Eco Friendly This Vesak

Businesscafe - A lantern’s light shines bright, and this year for Vesak the staff of Union Bank participated in the lantern competition which took place last Thursday (4).

Faizal Salieh Chairman of the Securities and Exchange Commission of Sri Lanka

Businesscafe - With the advent of the 10th annual CFA Capital Market Awards to be held in June this year, CFA Society Sri Lanka looks to provide insights from stakeholders who help make its flagship event a success.