HDFC Bank posts impressive 1Q results

Published : 12:00 am  May 16, 2013  |  Category: Financial Services  |  Leave a Comment  |  769 views  |  

Housing Development Finance Corporation Bank of Sri Lanka (HDFC Bank) said yesterday it has registered an after tax profit of Rs. 38.4 million for the 1Q ending 29 February 2013 as against Rs. 4.9 million during the corresponding period in the year 2012.   Read More →


HNB Assurance reports 66% PAT growth in 1Q 2013

Published : 12:00 am  May 16, 2013  |  Category: Financial Services  |  Leave a Comment  |  569 views  |  

HNB Assurance PLC has reported an impressive 66% growth in its Profit After Tax during the three months ended 31 March 2013 according to the interim results released to the Colombo Stock Exchange. Its Profit After Tax for the quarter recorded Rs. 50.1 million while Profit Before Tax also grew by 62% to reach Rs. 62.1 million.  Read More →


LB Finance Gold Loan centre in Battaramulla

Published : 12:00 am  May 16, 2013  |  Category: Financial Services  |  Leave a Comment  |  881 views  |  

LB Finance PLC opened its newest gold loan centre at No 755/1, Pannipitiya Road Baththaramulla recently, offering great convenience for the community in Baththaramulla.  Read More →


Seylan Bank upgrades two branches

Published : 12:00 am  May 16, 2013  |  Category: Financial Services  |  Leave a Comment  |  517 views  |  

Seylan Bank opened its newest branch at No.429, Nuwara Eliya Road, Pussellawa recently. Also the Seylan Bank Tissamaharama branch was relocated to No.169, Kachcheriyagama, Hambantota Road, Tissamaharama on the same day to offer the customers of Pussellawa and Tissamaharama a superior service.  Read More →


Union Bank further consolidates SME focus in Q1

Published : 12:01 am  May 15, 2013  |  Category: Financial Services  |  Leave a Comment  |  573 views  |  

Union Bank of Colombo PLC (UBC) Director / Chief Executive Officer Anil Amarasuriya strongly iterated yesterday that the Bank has continued to successfully journey towards its aspirations of positioning itself as the ‘top of mind’ SME Bank in Sri Lanka during the first quarter of 2013 amidst the challenges in the banking sector.  Read More →


Fitch publishes Sri Lanka Insurance Corporation at IFS ‘BB-’/Stable

Published : 12:01 am  May 15, 2013  |  Category: Financial Services  |  Leave a Comment  |  352 views  |  

Fitch Ratings Lanka has published Sri Lanka Insurance Corporation Limited’s (SLIC) Insurer Financial Strength rating (IFS) at ‘BB-’ with a Stable Outlook. The agency has also affirmed the National Insurer Financial Strength Rating and National Long-Term rating at ‘AA(lka)’ with a Stable Outlook. Key Rating Drivers  Read More →


CBS Governor Caroline Abel meeting

Published : 12:00 am  May 15, 2013  |  Category: Financial Services  |  Leave a Comment  |  435 views  |  

CBS Governor Caroline Abel meeting CBSL Governor Ajith Nivard Cabraal at the Governor’s office  Read More →


Fly around the world with Capital Alliance Finance

Published : 12:00 am  May 15, 2013  |  Category: Financial Services  |  Leave a Comment  |  614 views  |  

CAL Finance is offering free air tickets for its deposit holders for this season. Any person who makes a deposit under this scheme gets this exclusive opportunity whilst earning a higher interest rate. This is not a common raffle draw where gifts could be limited to few people. Capital Alliance Finance PLC gives this opportunity to every Sri Lankan who will deposit money under this scheme.  Read More →


Lankaputhra Development Bank supports entrepreneurs in North Western Province

Published : 12:00 am  May 15, 2013  |  Category: Financial Services  |  Leave a Comment  |  631 views  |  

To support and strengthen the entrepreneurs of North Western Province, a special loan scheme was introduced by the Lankaputhra Development Bank recently.  Read More →


Seylan Bank now at Dummalasooriya

Published : 12:00 am  May 15, 2013  |  Category: Financial Services  |  Leave a Comment  |  493 views  |  

Seylan Bank recently opened its latest branch at Dummalasooriya in order to increase customer satisfaction levels and convenience for its valued customers. The centre, located at No.128, Main Street, Dummalasooriya was declared opened by Seylan Bank PLC Deputy General Manager Branch Credit K. D. W. Rohana.  Read More →


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