HNB Finance records exceptional performance turnaround

Businesscafe - Reflecting an exceptional turnaround in its financial performance from a loss last year, Sri Lanka’s leading integrated financial services provider, HNB Finance PLC, recorded a Group Net Profit of Rs. 515.6 million for the 2021-22 financial year.

 ComBank to widen Senior Citizen account base with relaunch of Udara

Businesscafe - The Commercial Bank of Ceylon has announced that it has relaunched its ‘Udara’ Senior Citizens Account with new features and special interest rates to widen the account holder base and offer more rewards to this customer segment.

Luminex Limited IPO Oversubscribed

Thursday, 02 June 2022 12:37

 Colombo Stock Exchange

Businesscafe - The Initial Public Offering (IPO) of Luminex Limited, through an offer for subscription of 31,250,000 shares at a price of Rs. 8 per share to raise Rs. 250 million has been fully subscribed and, as such, the issue will be closed today, 2nd June 2022 at 4.30 pm.

Nations Direct Enterprise Offers a Holistic Platform for Cash Management Solutions

Businesscafe - Driven by smart functionality and high utility, Nations Direct Enterprise (NDE) offers customized Payments, Cash Management, Trade & Supply Chain Financing solutions to suit the unique needs of any type of business – be it corporates, MMEs or SMEs.

Uplifting research standards CFA Capital Market Awards a springboard for equity research profession

Businesscafe - The ninth annual CFA Capital Market Awards organized by CFA Society Sri Lanka – scheduled for June this year - looks to recognise and reward professionals who have established benchmarks for the advancement of domestic capital market participants.

Softlogic Finance Logo

Businesscafe - Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, has posted a Net Interest Income of LKR 1.35 Billion year to date (YTD) as at March 31,2022 recording a 146% Year-on-Year (YoY) increase despite the challenging operating environment.

First Capital Holdings PLC Habitat for Humanity Sri Lanka empower communities in Galle

Businesscafe - At a simple yet momentous day for the joyful home-beneficiaries, First Capital Holdings PLC and Habitat for Humanity Sri Lanka successfully handed over four (04) homes to families in the Bope-Poddala Division in the Galle District recently.

HNB honored by Asian Banker as Best Retail Bank in Sri Lanka for 2022

Businesscafe - HNB PLC sealed its reputation as Sri Lanka’s undisputed leader in retail banking, having been crowned as the Best Retail Bank in Sri Lanka for the 12th occasion at the prestigious International Excellence in Retail Financial Services Awards 2022 hosted by the Asian Banker Magazine.

ComBank donates 4 more IT Labs benefitting another 7600 students

Businesscafe - The Commercial Bank of Ceylon has donated fully-equipped IT labs to four more schools under its flagship community initiative, benefitting another 7,600 students with the facilities to engage in practical lessons in ICT.

DFCC Bank Empowers Women Led Entrepreneurs in Sri Lanka

Businesscafe - Marking international Women’s Day 2022, DFCC Bank, the Bank for Everyone, held a special workshop on entrepreneurship development, tailored for small and medium scale women entrepreneurs and women-owned and run businesses in Kurunegala and the surrounding areas.

Commercial Bank

Businesscafe - The Commercial Bank of Ceylon has enabled Senkadagala Finance PLC to become the first finance company in Sri Lanka to activate EMV 3DS fraud prevention technology in the authentication of Visa card transactions of the latter’s customers.