Category: Business and Economy

Seylan Bank PLC, has surpassed LKR 1 trillion in total assets, marking a significant milestone in the Bank’s growth journey and strengthening its position among Sri Lanka’s leading private sector banks. The Bank reached the milestone in September 2026, becoming the fourth private sector bank in Sri Lanka to achieve this landmark. Surpassing LKR 1…

In response to emerging climate risks, the Commercial Bank of Ceylon has launched a proactive initiative through its Development Credit Department, to equip Sri Lanka’s agricultural sector against the potential impacts of the 2026 El Niño climate pattern. Seeking to move the industry from reactive loss management to early climate preparedness, the Bank partnered with…

Pan Asia Bank partnered with the National Chamber of Commerce of Sri Lanka (NCCSL) to strengthen entrepreneurial capabilities. In line with the bank’s sustainable development goals and its memorandum of understanding with the NCCSL, Pan Asia Bank organised SME development workshops in collaboration with the chamber, focusing on the entrepreneurs in the SME sector, export-oriented…

SDB bank has appointed Manoj Akmeemana as chief executive officer, placing the career banker in charge of the institution’s operations and strategic direction. The bank said Akmeemana brings more than three decades of experience in Sri Lanka’s financial sector, including work in retail banking, corporate banking, risk, recoveries and institutional management. Before joining SDB bank,…

Euro Motors is strengthening its island-wide automotive ecosystem with the formal appointment and recognition of its dealership and Authorised Service Provider (ASP) partners at a special ceremony recently held at “The Blue”, Hilton Colombo. Held under the theme “Beyond the Drive,” the event marks an important step in Euro Motors’ continued network development, bringing together…

The Sri Lanka Export Development Board (EDB), in collaboration with the High Commission of Sri Lanka in the Maldives and the Sri Lanka Maldives Business Council, organized Sri Lanka Pavilion at the Hotel Asia Exhibition & International Culinary Challenge 2026, held from 28th to 30th September 2026 in Hulhumalé, Maldives. The Sri Lanka Pavilion provided…

Sri Lanka’s High Commission in Nairobi held a briefing on Sri Lanka Expo 2027 on 25 September, bringing together approximately 180 participants to discuss trade and investment opportunities. The event took place at Britam Towers in partnership with Equity Bank Kenya. Participants represented government, business chambers, trade and investment agencies, financial institutions, logistics and technology…

People’s Bank has launched the ‘People’s Remittance – Doodaru Pranama’ Promotional Campaign in celebration of World Children’s Day, offering children of Sri Lankan Expatriates an opportunity to win attractive prizes while encouraging families to build a secure financial future for their children. Under this special promotion campaign, children who open an Ethera Udana Personal Foreign…

The Colombo Stock Exchange (CSE) and Commercial Bank of Ceylon PLC (Commercial Bank) signed a Memorandum of Understanding (MoU) recently to foster enterprise development, facilitate capital formation and enhance collaboration across several strategic areas. The agreement arises from a mutual recognition of the opportunities to expand access by providing a platform to support SMEs and…

The Central Bank of Sri Lanka (CBSL) inaugurates the Financial Literacy Month – 2026 (FinLit Month) on 08 October 2026, commencing with “FinLit Expo – Colombo” at the Centre for Banking Studies, Rajagiriya. This national programme brings together a range of interventions across the island to strengthen financial knowledge, promote responsible financial behaviour and advance…