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.

Nations Trust Bank

Businesscafe - Nations Trust Bank PLC reported a strong performance in the first 3 months of 2023 posting a Profit Before Tax (PBT) of LKR 5.8 billion, up 124% year-on-year (YoY) and a Profit After Tax (PAT) of 2.8 billion, up 77% YoY, supported by a 52% growth in Operating Income.

Union Bank Avurudu Fiesta 2023

Wednesday, 10 May 2023 13:24

Union Bank Avurudu Fiesta 2023

Businesscafe - Union Bank hosted its annual Avurudu celebrations on Saturday (28) at Ape Gama, Battaramulla.

CSE signs a MOU with the University of Moratuwa

Businesscafe - The Colombo Stock Exchange (CSE) recently signed a Memorandum of Understanding (MoU) with the University of Moratuwa, to formalize collaborative efforts to improve financial literacy among undergraduates in Sri Lanka.

Nations Trust Bank hosts Business Advisory Forums in the North and East to offer its expertise to businesses

Businesscafe - Nations Trust Bank successfully concluded two Business Advisory Forums in Batticaloa and Jaffna, to provide business life-cycle management guidance and financial advice to customers in the Commercial Banking segments in the North and East.

ComBank awards IT labs to schools that won Mother Sri Lanka Project RUN competition

Businesscafe - The Commercial Bank of Ceylon is to award fully-equipped IT labs to the three schools that won the Project RUN competition conducted by Mother Sri Lanka, a non-profit organisation working to advance educational, socio-economic and cultural development via programmes in schools country-wide.