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HNB Group records a PBT of Rs 3.4 Bn in 1Q 2019

  ▪     Core Banking generates Rs 13 Bn in NII as compared with Rs 10.6 Bn last year ▪     Effective tax rate increases to 58.6% as compared with 43.6% last year Amidst challenging market conditions, Hatton National Bank posted a profit before tax of Rs 3.3 Bn and a profit after...
Posted On 15 May 2019
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DFCC maintains profitability under volatile market conditions

  DFCC’s Total Assets grew by LKR 15,652 million to LKR 390,560 million DFCC recorded Tier 1 and total capital adequacy ratios of 10.34% and 15.45% respectively DFCC’s Core Business recorded a PAT increase of 9%.   Profitability Core business of DFCC Bank posted a profit before...
Posted On 15 May 2019
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ComBank deposits surpass landmark Rs 1 Trillion in Q1 2019

Gross income grows by 12.86% to Rs 35.501 billion Pays Rs 3.615 billion or 53.13% of operating profit as taxes Economic slowdown, migration to SLFRS 9 push up impairment charges by 68.37% The Commercial Bank Group comprising of the Commercial Bank of Ceylon PLC, its subsidiaries...
Posted On 15 May 2019
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Sampath Bank Powers Sri Lanka Duty Free by Dufry with Alipay Payments

Sampath Bank announced its partnership with Dufry – Sri Lanka Duty Free on Alipay payment acceptance. Dufry Duty Free stores located in both the arrival and departure lounges at Bandaranaike International Airport will now be able to accept payments over Alipay, one of the...
Posted On 15 May 2019
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Kekirawa town welcomes fully-fledged DFCC Bank branch

Kekirawa awoke to the ceremonious inauguration of a new DFCC Bank branch in the heart of the bustling town. DFCC Bank has transformed itself into a fully-fledged commercial bank that offers a range of personal banking products and services earning a reputation as one of the...
Posted On 11 May 2019
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ComBank named Most Valuable Private Bank brand in Sri Lanka

The Commercial Bank of Ceylon has been named the most valuable private bank brand in Sri Lanka in 2019 in the 16th edition of the Brand Finance rankings of the country’s most valuable brands. The only private bank among the five most valuable consumer brands in the country,...
Posted On 11 May 2019
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DFCC’s Rights Issue Concluded

DFCC Bank concluded its Rights Issue with subscriptions reaching over 43% of the total LKR 7.6 Billion on offer. This Rights Issue was the culmination of DFCC’s capital raising programme for this year and came on the heels of a LKR 10 Billion debenture issue, which was...
Posted On 09 May 2019
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Sampath Bank wins 3 awards at Infosys Finacle Client Innovation Awards 2019

Sampath Bank PLC’s constant drive to innovate was recognized once again when it picked up 3 awards at the Infosys Finacle Client Innovation Awards 2019held in India recently. Three revolutionary products of Sampath Bank, namely Slip-less Banking, iGift mobile app, and Digital...
Posted On 09 May 2019
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DFCC Bank partners The Management Club as Official Banking Partner

DFCC Bank is proud to forge a corporate partnership with The Management Club (TMC) as Official Banking Partner for a period of 3 years from 1st April 2019 to 31st March 2022. This strategic partnership will enable DFCC Bank to issue its Credit Cards to the members of TMC and...
Posted On 03 May 2019
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ComBank’s ‘Flash’ becomes Sri Lanka’s first multilingual Digital Banking App

Sinhala and Tamil versions of app launched Less than a year after it was launched, Commercial Bank’s ground-breaking Digital Banking Account ‘Flash’ has been launched in Sinhala and Tamil, making it Sri Lanka’s first trilingual digital banking app. Developed in partnership with...
Posted On 03 May 2019
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ComBank launches ‘Gedarata Thégi 3’ with prizes galore for remittance customers

Grand Prize winners to receive a Hyundai Grand i10 car and 3 scooters The Commercial Bank of Ceylon’s ‘Gedarata Thégi’ promotion is back for the third consecutive year in 2019 with a promise of rewarding 109 of the Bank’s remittance customers with exciting prizes including a car,...
Posted On 01 May 2019
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ComBank first in Sri Lanka to offer global Wi-Fi to World Mastercard holders

New benefit grants access to more than a million Boingo hotspots globally during overseas travel Commercial Bank of Ceylon has become the first bank in Sri Lanka to offer access to over one million Boingo Wi-Fi hotspots worldwide at no additional charge to holders of World...
Posted On 17 Apr 2019