Banking Archives - Page 142 of 297

August 16, 2022

Colombo, August 14, 2022 – Seylan Bank, the Bank with a Heart, in partnership with the Ceylon Chamber of Commerce (CCC) Centre for SMEs and CIMA, conducted a workshop in Puttalam for owners of SME businesses from the area. Over the years, Seylan Bank has taken up the role of mentor […]

August 16, 2022

Cementing its reputation as Sri Lanka’s most versatile payment partner, leading private sector bank HNB PLC was recognized by Daraz, South Asia’s largest e-commerce platform, for its commitment to enhancing digital payment solutions. The Bank was awarded for the card base with the best all-round growth at the annual Daraz Payment […]

August 15, 2022

• Total Operating income doubles to Rs LKR 63.3 Bn • Impairment for 1H exceeds Rs 40 Bn • Net Stage III loan ratio improves to 2.46% • Tier I capital ratio at 11.39% and total capital ratio at 14.54% • Liquid Coverage ratio at 210% well above statutory minimum […]

August 15, 2022

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 Forward looking, expected credit loss related macro-economic indicators necessitate impairment provisioning of Rs 35.2 Bn. for 6 months; Rs 29.3 Bn. for Q2 alone  Revenue grows 49.52% and 66.41% in 1H and Q2 respectively  Total assets up 21.17% to Rs 2.4 Tn.  Loan book grows by […]

August 15, 2022

Seylan Bank was recognized for its commitment towards successful performance at the Daraz Partner Performance Awards held recently. The Bank with a Heart was recognized as the Category Accelerator for being the card base that owned a single category (utility bill payments) and enabled 200% volume growth on credit cards on […]

August 15, 2022

Amana Bank continued its growth momentum in profit amidst subdued economic conditions, and recorded a growth of 25% in mid-year Profit after Tax to reach LKR 362.0 million in comparison to LKR 289.3 million a year ago. Profit Before Tax stood at LKR 556.9 million compared to LKR 505.7 million posted […]

August 15, 2022

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– Healthy Revenue performance in the first six months resulting in 50% YoY growth in Operating Income – PBT of LKR4.6Bn and PAT of LKR 2.7Bn in 1H22 supporting further Capital formation – Tier I Capital at 12.24% and Total Capital Adequacy at 14.58%, well above regulatory levels – Exposure […]

August 12, 2022

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Colombo, 12 August 2022. Seylan Bank recorded a Profit after Tax of Rs. 1,504 Mn for the 6 months ended 30th June 2022 against Rs. 2,105 Mn reported in the corresponding period of 2021. This has been seen by financial analysts as commendable given the extremely challenging and adverse conditions the […]

August 12, 2022

Sampath Bank continued to maintain a solid capital base and stable liquidity profile in the first half of 2022 notwithstanding multiple economic challenges. The Bank remains vigilant in identifying the current economic issues and has continued to implement in a proactive manner the required countermeasures, clearly demonstrating its strength and stability. […]

August 12, 2022

Colombo, 12 August 2022: The Backyard Wildlife Online Photography Competition, organized by the Wildlife and Nature Protection Society’s (WNPS) Wild Kids initiative concluded recently for the third consecutive year. Seylan Tikiri, the leading minor savings account from Seylan Bank, stepped forward as the Official Banking Partner to reward four weekly winners […]

SME businesses in Puttalam enriched by Seylan Bank and CCC workshop

HNB recognized for Best All-round Growth at Daraz Payment Partner Performance Awards

HNB sails skillfully through turbulent 1H

High impairment provisions neutralise solid 6-month operational growth of ComBank Group

Seylan Bank recognized as Category Accelerator at Daraz Partner Performance Awards

Amana Bank’s Resilient Performance Continues

Nations Trust Bank PLC records steady performance in 1st half 2022 amidst challenging market conditions

Seylan Bank records Rs. 1.5 Bn PAT for 1H 2022

Sampath Bank navigates the current economic crisis with confidence backed by strong capital and liquidity positions.

Seylan Tikiri rewards children for WNPS Wild Kids Backyard Wildlife Photography Competition