Friday 25th April 2014

Safer school transport service with Orient Finance

Published : 12:00 am  November 13, 2012  |  Category: Financial Services  |  1 Comment  |  392 views  |  

A concept of the All Island School Children’s Transport Association was realised through the support of Orient Finance PLC, together with Diesel and Motor Engineering (DIMO) PLC through the implementation of a project to provide financing to facilitate a safe, secure and economical school transport service to children.  Read More →


Seylan Bank expands service to Moratumulla

Published : 12:00 am  November 13, 2012  |  Category: Financial Services  |  Leave a Comment  |  394 views  |  

Moratumulla, is the main town of Moratuwa, consisting of 18 villages, and is world-renowned for its quality wood work and excellent craftsmanship. Seylan Bank opened its newest Banking Centre in Moratumulla, at No. 242 (330 & 330/1), De Soysa Road, Moratumulla, Moratuwa, which is presently surging ahead towards development.  Read More →


NDB to propel development in Dambulla

Published : 12:00 am  November 12, 2012  |  Category: Financial Services  |  Leave a Comment  |  358 views  |  

NDB recently opened its latest branch in Dambulla in a bid to support the economic and livelihood development in the area. With this opening, NDB branch network has now grown to 69, signalling a steady continuation of the bank’s aggressive expansion strategy. Dambulla is a city with renowned opulence and a rich heritage.  Read More →


HNB records robust results; 9-month pre-tax profit up 24% to 7.15 b

Published : 12:00 am  November 12, 2012  |  Category: Financial Services  |  Leave a Comment  |  628 views  |  

HNB PLC has continued its growth momentum despite the challenging environment demonstrating resilience, posting a robust growth of 24% in pre-tax profit to Rs. 6.71 b during the first nine months of 2012, while post tax profit also increased by 28% to Rs. 4.61 b over the corresponding period in 2011.  Read More →


Signs of an inverted yield curve emerging

Published : 12:00 am  November 12, 2012  |  Category: Financial Services  |  Leave a Comment  |  284 views  |  

With continuous buying interest on the three year and five year maturities, its yields dipped below the shorter tenure one year and two year maturities, reflecting an inverted yield curve in the market.  Read More →


Seylan Bank expands network to Battaramulla

Published : 12:00 am  November 12, 2012  |  Category: Financial Services  |  Leave a Comment  |  497 views  |  

Seylan Bank commenced operations in Battaramulla bringing the residential and the business community of the area the values of ‘A bond beyond trust,’ ‘Convenience beyond Innovation,’ ‘Care beyond service,’ and ‘Commitment beyond a transaction,’ from the ‘Bank with a Heart’ which delivers a value ‘Beyond just Banking’.  Read More →


DFCC goes for Rs. 3.5 b debenture; gets AA rating for senior debt

Published : 12:00 am  November 12, 2012  |  Category: Financial Services  |  Leave a Comment  |  562 views  |  

Fitch Ratings has assigned DFCC Bank’s (DFCC; ‘AA(lka)’/Stable) proposed issue of senior unsecured redeemable debentures of up to Rs. 3.5bn a National Long-Term ‘AA(lka)’ rating.  Read More →


CIMB launches Australian operations

Published : 12:00 am  November 12, 2012  |  Category: Financial Services  |  Leave a Comment  |  124 views  |  

Sydney, Australia: CIMB Group launched its investment banking operations in Australia this week, following the completion of its acquisition of the Australian investment banking businesses of the Royal Bank of Scotland (RBS) “From our position at the heart of the Asian growth story, we view Australia as a key component of Asian financial integration,” said Dato’ Sri Nazir Razak, CIMB Group Chief Executive, after a launch party at the Museum of Contemporary Arts in Sydney.  Read More →


CBSL injects term funds for the fourth time as bond prices edge up marginally

Published : 12:01 am  November 9, 2012  |  Category: Financial Services  |  1 Comment  |  328 views  |  

The Open Market Operations (OMO) department of Central Bank conducted its fourth successful term reverse repo auction yesterday, where it injected an amount of Rs 9 Bn at a weighted average of 9.87% for a period 31 days, valued for today.  Read More →


Winners for the month of October of the People’s Bank Ethera Isura NRFC Grand Draw Chosen

Published : 12:01 am  November 9, 2012  |  Category: Financial Services  |  Leave a Comment  |  376 views  |  

People’s Bank has provided foreign employees with a variety of benefits under the NRFC Grand Draw scheme. Winners for the month of October were chosen recently at the Head Office of People’s Bank.   Read More →


Page 249 of 557« First...102030...247248249250251...260270280...Last »