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ComBank Group navigates devaluation impact in complex Q1 performance

Total assets cross Rs 2 Tn., first private sector
bank to achieve the milestone

Mainly influenced by Rupee devaluation, loan book
grows by Rs 133 Bn., deposits by Rs 234 Bn. in 3 months

3-month net operating income up 66% to Rs 28.3 Bn.

Posts other operating income of Rs 11.3 Bn. primarily ....

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Activation in a flash: ComBank innovates with Digital KYC procedure for 'Flash' accounts – The Island

An innovative video call identity verification feature has been introduced by the Commercial Bank of Ceylon to its ground-breaking digital bank account ‘Flash,’ making it possible for an account to be opened, activated and operated without ever visiting a bank branch. The unique Digital KYC (Know Your Customer) process allows the Bank to remotely complete […] ....

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'CSE will stabilize if IMF comes to SL's rescue' – The Island

By Hiran H.Senewiratne The CSE will become stable if the IMF comes to Sri Lanka’s rescue, which is now not conducive to stock market activities, due to uncertainty in external environmental factors, CSE’s Head of Marketing Niroshan Wijesundera said. “Over the last one and a half weeks a lot of changes took place, such as, […] ....

Sri Lanka , Sri Lankan , Health Insurance , Tieri Bank , Flash Digital Bank , Google Play Store Or Huawei App Gallery , Digital Banking Initiative Of The Year , Bank Is Sri Lanka , Apple App , Commercial Bank , Know Your Customer , Flash Digital Bank Account , Digital Banking Initiative , Apple App Store , Google Play Store , Huawei App Gallery , Advanced Budgeting , Quick Response , Flash Finance , Personal Loans , Home Loans , Fixed Deposits , Fairfirst Insurance , Nay Pyi ,

CDB wins 5th Consecutive National Business Excellence Award

Having always championed business excellence through its unique sustainable business model, Citizens Development Business Finance PLC (CDB) fittingly wore the crown in the Non-Banking financial Services Sector for the fifth consecutive year at the 17th National Business Excellence Awards 2022. The Chief Guest was French Ambassador to Sri Lanka Eric Lavertu. CDB added to its […] ....

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Assetline opens 55th branch in Nugegoda

The new branch, located at No. 189, Stanley Thilakaratne Mawatha offers the entire spectrum of leasing and financial products and services. Speaking about the branch, Mr. Ashan Nissanka, Director & Chief Executive Officer, ALCL said; “Nugegoda is an important business hub, it is home to many entrepreneurs as well as small and medium enterprises but […] ....

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