As the country’s leading Private Commercial bank in Sri Lanka, HNB has taken a keen interest in developing its Cash Management business which is now a key business vertical of the Bank.
HUAWEI is the only Chinese company to feature in the annual ranking of the world’s Most Valuable Brands 2018 compiled by Forbes.
Investment flows from the Scandinavian region to the Sri Lankan stock market have made a noteworthy improvement in recent years, where inward investments have grown by 39% per annum (CAGR) since 2013.
The Commercial Bank of Ceylon has been honoured with the awards for ‘The Best Transaction Bank in Sri Lanka’ and ‘The Best Trade Finance Bank in Sri Lanka’ at the 2018 Asian Banker Transaction Awards, adding two more prestigious titles to its extensive collection of accolades.
The 20thAnniversary Event of the National Best Quality ICT Awards (NBQSA), Sri Lanka’s only national competition to recognise ICT products developed locally, is due to take place on 19th October 2018.
Ceylinco Life has announced that its net profit for the year ending 31st December 2017 is Rs 9.467 billion, including a one-off surplus of Rs 3.456 billion generated by a change in the basis of the valuation of Life Funds under Section 96A of the Regulation of Insurance Industry Act No 43 of 2000.
The Colombo Stock Exchange (CSE) announces the launch of a series of workshops on capital market operations for corporate representatives.
Teejay Lanka, one of the region’s largest textile manufacturers, has announced a doubling of capacity of its Indian mill, following the completion of an expansion project involving an investment of US$ 15 million (more than Rs 2.3 billion at current rates).
Sri Lanka’s most inspiring leadership and management professionals were accoladed at the inaugural Great Manager Awards (2017), held at the Kingsbury Hotel.
The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 15.5 billion, profit before tax of Rs. 926 million and profit after tax of Rs. 774 million for financial year 2017/18.
HNB posted a strong start to 2018 with first quarter PAT growing by 22.5% to Rs 4.5 Bn, while the Group reported a PAT of Rs 5 Bn which is a 24% growth from last year.
