Financial Services

Dinuka Pattikiriarachchi appointed as Chief Human Resources Officer of HNBA and HNBGI

Views - 88 Monday, 25 March 2019 00:00

HNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance Ltd. (HNBGI) announced the appointment of Dinuka Pattikiriarachchi as HNBA Group’s Chief Human Resources Officer. Dinuka holds a Master of Business Administration (HR Spe

Lasitha Wimalaratne appointed as Deputy Chief Operating Officer of HNBA

Views - 120 Monday, 25 March 2019 00:00

HNB Assurance PLC (HNBA) announced the appointment of Lasitha Wimalaratne as its Deputy Chief Operating Officer recently. With professional experience of over 21 years, of which over 18 years in Life Insurance Operations, Lasitha has held many key po

CASA organises ‘Mani talks Money – 5 effective steps to manage personal finances’

Views - 93 Monday, 25 March 2019 00:00

Financial literacy is lacking among many Sri Lankans which leads to financial stress and lower productivity in the workplace. Therefore, it is important for organisations to educate employees on how to manage personal finances and achieve their indiv

Union Assurance continues services from new location in Galle

Views - 24 Monday, 25 March 2019 00:00

Union Assurance (UA) relocated its Galle Regional Office on 18 March to provide better services to residents in the area. The refurbished regional office will support the company’s pace to reach its goal of having fully operational branches island

People’s Insurance ready to lighten your load with ‘TravelSmart’

Views - 49 Monday, 25 March 2019 00:00

When you care, you wish to protect. This is the very reason why People’s Insurance has strived until it has succeeded in providing the kind of insurance coverage, which lets people know that who they are and the things they value matter. Being one

Bond market witnesses positive rally during week

Views - 90 Monday, 25 March 2019 00:00

By Wealth Trust Securities The shortened trading week ending 22 March witnessed a positive rally with yields decreasing during the second half of the week driven by the outcome of the weekly Treasury bill auction and renewed foreign and local buying

Leasing Council of Bankers of Sri Lanka to play key role in industry and national progress

Views - 84 Friday, 22 March 2019 00:00

The Leasing Council of Bankers of Sri Lanka (LCBSL) believes there is strong potential for progression, within the banking sector actively engaged in leasing, thus supporting the development of the country’s financial sector and the economy as a wh

Secondary market bond yields retreat

Views - 77 Friday, 22 March 2019 00:00

By Wealth Trust Securities  The secondary bond market rallied yesterday as yields retreated across the yield curve on the back of fresh foreign and local buying interest. Demand mainly for the 15.03.24 and 01.05.29 maturities saw its yields dip to i

Commercial Credit wins SLIM award for ‘People’s Advertisement of the Year’ for 4th time

Views - 55 Friday, 22 March 2019 00:00

Commercial Credit and Finance PLC, accredited internationally as one of Sri Lanka’s premier financial services organisations, is widely recognised for benchmarking the highest standards in services and performance. Also identified as one of the fa

NDB ‘Kohetath Kalin Kohatath Kalin’ Avurudu gifts galore

Views - 430 Friday, 22 March 2019 00:00

NDB brings Avurudu early this year with ‘Kohetath Kalin Kohatath Kalin’ Avurudu offers where the Bank is offering exciting gifts for savings where customers can simply deposit in an NDB savings account and walk away with valuable gifts or voucher

AIA Walk for Life Jaffna

Views - 23 Friday, 22 March 2019 00:00

The world’s largest life insurer, AIA’s centennial celebrations continued in Jaffna with over 200 customers, employees and Wealth Planners from the North and East branches uniting to celebrate AIA’s 100-year journey. Participants pledged to mak

eZ Cash partners Fintrex Finance to facilitate easy leasing payments

Views - 64 Friday, 22 March 2019 00:00

Sri Lanka’s first and largest mobile money and payment service, eZ Cash, announced its most recent partnership with Fintrex Finance Ltd., in order to enable customers to pay their leasing payments via eZ Cash. All Fintrex Finance customers will now

Downward spiral of 364-day bill continues

Views - 92 Thursday, 21 March 2019 00:05

By Wealth Trust Securities The decreasing trend in the weekly weighted averages continued at Tuesday’s Treasury bill auction, led by the benchmark 364-day bill with its weighted average dipping by six basis points to a 19-week low of 10.52%. This w

Foreign investors turned net buyers of Asian bonds in February

Views - 32 Thursday, 21 March 2019 00:04

Reuters: Foreigners turned net buyers of Asian bonds in February, however the flows were uneven as political uncertainty in parts of the region dampened optimism that the United States and China were inching toward a trade deal. Foreigners bought a n

People’s Bank wins for 13th consecutive year at SLIM-Nielsen People’s Awards 2019

Views - 52 Thursday, 21 March 2019 00:01

Continuing its winning streak, People’s Bank was bestowed with the ‘People’s Service Brand of the Year’ and ‘People’s Banking Service Provider of the Year’ awards at the recently-concluded SLIM-Nielson People’s Awards 2019. Organized

Nations Trust Bank American Express official event partner at Fireside Chat 2019

Views - 43 Thursday, 21 March 2019 00:00

For the secondconsecutive year, Nations Trust Bank American Express partnered with the Chartered Institute of Management Accountants (CIMA) Sri Lanka Division along with the International Chamber of Commerce Sri Lanka (ICCSL) to present Fireside Chat

CSE and GRI to host Forum on Sustainability Reporting on 28 March

Views - 76 Thursday, 21 March 2019 00:00

The Colombo Stock Exchange (CSE) and the Global Reporting Initiative (GRI) will be hosting a forum onproviding guidance to listed companies on ESG disclosures. The theme of the Forum is ‘Sustainability Reporting for Sustainable Development’. This

LB Finance steps closer to the hearts of the people

Views - 59 Thursday, 21 March 2019 00:00

By Hiruni Dasanayake Starting its journey in 1971, LB Finance PLC has continued to strive towards success by bringing up financial solutions to the people. This financial institution is synonymous with convenience and friendly service provided to the

Seylan Bank expands Off-Site ATM footprint to Mount Lavinia

Views - 24 Thursday, 21 March 2019 00:00

With a strong focus to offer cutting-edge banking services, Seylan Bank unveiled its latest Off-Site Automated Teller Machine (ATM), at the Angler Restaurant in Mt. Lavinia, recently. Located at the heart of Mt. Lavinia, the new Off-Site ATM will en

Lacklustre environment in bond markets ahead of weekly bills auction

Views - 86 Tuesday, 19 March 2019 01:22

By Wealth Trust Securities The secondary bond market commenced the week on a rather dull note yesterday with limited trades seen on the 01.08.21 and 15.03.24 maturities within the range of 10.80% to 10.90% and 11.05% to 11.08% respectively. Today’s

Siyapatha Finance appoints Ananda Seneviratne as MD

Views - 92 Tuesday, 19 March 2019 01:22

Experienced businessman and accountant,. Ananda Seneviratne recently took on the role as the new Managing Director of Siyapatha Finance PLC. Boasting over 36 years’ worth of experience in the local and international industries, Seneviratne is a gr

KPMG renews Platinum Status with ACCA

Views - 92 Tuesday, 19 March 2019 00:00

KPMG values the benefits of a foundation of education and lifelong learning and strives to develop professionals with strong values and integrity. KPMG in Sri Lankahas been a respected leader in the industry for over 120 years, and nurtures accountan

ACCA recognises BDO Sri Lanka as approved employer with highest platinum standards

Views - 34 Tuesday, 19 March 2019 00:00

The global professional accounting body, Association of Chartered Certified Accountants (ACCA) recently awarded BDO Sri Lanka platinum-level Approved Employer status in recognition of the organisation’s high quality training and development given f

SWT Associates successfully hosts IAPA 2019 Asia Pacific Regional Conference

Views - 52 Tuesday, 19 March 2019 00:00

Sri Lanka’s leading Chartered Accountant firm SWT Associates, successfully hosted the IAPA Asia Pacific Regional Conference in Colombo, bringing together 25 accounting firms from 20 countries. The discussions for this year’s conference were focus

Alliance Finance Co. ‘Mega – Gold Loan’ winners rewarded

Views - 28 Tuesday, 19 March 2019 00:00

Alliance Finance Co. PLC, the third oldest finance company in Sri Lanka, successfully concluded the ‘AFC Mega – Gold Loan Promotion’, with an aim to reward their loyal customers this season. Three grand winners, and winners of 25 consolation pr

BOC opens branches in Domagahawela and Sewanagala offering digital banking to Uva Province

Views - 37 Tuesday, 19 March 2019 00:00

The Bank of Ceylon’s newest branches were opened at Domagahawela and Sewanagala in the Uva Province recently to add convenience together with the novel digital banking technology to customers in those areas. BOC Sewanagala was ceremoniously opened

DFCC Bank introduces interactive e-statement for credit cards

Views - 53 Tuesday, 19 March 2019 00:00

DFCC Bank recently launched an Interactive Credit Card e-statement which allows cardholders to clearly view their monthly spend with ease. The Interactive Credit Card e-statement offers category-wise tracking of spending through graphical illustr

HNBA joins hands with CCPSL for 4th consecutive year

Views - 38 Tuesday, 19 March 2019 00:00

HNB Assurance PLC (HNBA) and the College of Community Physicians of Sri Lanka (CCPSL) entered into an MoU recently with the objective of creating awareness and educating the general public on a number of causes related to health and wellbeing. Sharin

Bimputh Finance celebrate 4th Colours Night

Views - 57 Tuesday, 19 March 2019 00:00

Bimputh Finance celebrated their Colours Night for the fourth consecutive time at the Stein Studio Ratmalana. The annually-held event recognised those employees who had played a significant role in supporting the company achieve its vision and conclu

CSE Chairman’s views on the way forward for the stock market

Views - 313 Tuesday, 19 March 2019 00:00

CSE Chairman Ray Abeywardena who was a panellist at the 7th Annual Capital Market Conference organised by UTO Educonsult Ltd. which was held on 13 March at the Ramada Hotel airing his views on the plans to develop the market confirmed that initiative

Today's Columnists

Wounding the social psyche

Friday, 19 April 2019

In this article, I intend to discuss the serious wounds inflicted on the psyche of Sri Lankan society, which have not received adequate attention, but need immediate cure, for they might develop into a dangerous cancer if not treated without further

No more stones to break Sri Lankan bones

Friday, 19 April 2019

Trial by fire is not a new ordeal to Christian community. It predates Notre Dame and Nazism by millennia. In fact, a decade or so before Nero torched believers to light Roman avenues, Jewish religious leaders put Jesus-followers to the test as the Ch

What 5G could be to Game of Thrones (and vice versa)

Friday, 19 April 2019

We will be hearing a lot about these two seemingly unrelated topics this month. In a hurriedly but meticulously organised event, Dialog Axiata recently demonstrated 5G applications for the first time in South Asia. 5G will be commercially available

On time – Only for a week! A must-change!

Thursday, 18 April 2019

We are in April and the month where we witness the declaration of a new year as per our traditional practice. It is that period of time when a huge majority of our population, which certainly can be counted in millions, intends to act in unison and q

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