Businesscafe - A heightened emphasis on lending has seen the Commercial Bank Group increase gross loans and advances by Rs 51.404 billion in the third quarter of 2023 at a monthly average of Rs 17.135 billion, growing its loan book by 4.33% over three months to Rs 1.239 trillion and reversing the trend of the first half of the year.
Businesscafe - The Commercial Bank of Ceylon has embarked on an ambitious nationwide tree planting campaign to plant 100,000 trees across Sri Lanka in three years, to help achieve country’s self-defined national climate pledges under the UN Paris Agreement.
Businesscafe - Sri Lanka’s leading gold-focused financial solutions provider, Asia Asset Finance PLC, has reached significant milestones in 2023 as it marks its 53rd anniversary, further solidifying its position as a key player in the country’s financial sector.
Businesscafe - FriMi, Sri Lanka's pioneering fully-fledged digital banking experience powered by Nations Trust Bank, joined forces with Mastercard to create an extraordinary cricket experience for fans during the Cricket World Cup.
Businesscafe - In a bold step towards fostering sustainable agricultural practices and uplifting farming communities, Sarvodaya Development Finance PLC (SDF) has commenced its “Araliya Paddy Seeds” distribution project.
Businesscafe - Hatton National Bank PLC posted a profit before tax of Rs 26.3 Bn and a profit after tax of Rs 16.6 Bn during the nine months ended September 2023.
Businesscafe - Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) continued to demonstrate resilience amidst prevailing macro-economic conditions, reporting solid top-line and bottom-line growth of 13.0% and 15.4% YoY.
Businesscafe - First Capital Holdings PLC, a Janashakthi Group Company, proudly announces the inauguration of its first branch in the heart of Jaffna, marking a significant step towards making capital market products more accessible to the Jaffna community.
Businesscafe - During the period under review, DFCC Bank remained committed to providing high-quality, customer-centric banking services across the country despite facing unprecedented challenges that affected the banking industry.
Businesscafe - Nations Trust Bank continued its solid financial performance into the third quarter of 2023, with a Profit Before Tax (PBT) of LKR 19.4Bn and a Profit After Tax (PAT) of LKR 9.4 billion, a YoY increase of 78% for the nine months ended 30 September.
Businesscafe - HNB PLC, Sri Lanka's leading private sector bank, marked World Thrift Day with a resounding commitment to environmental conservation through a significant Green Pledge undertaken by all of its employees.
