SDB bank has achieved outstanding financial results during 2021, amidst an unprecedentedly challenging economic environment. Total profits for the year ended 31st December 2021 stood at LKR 909 million, recording a year-on-year (YoY) growth of 9%, while profit for the 4th quarter of the year was recorded at LKR 159 million. Net interest income grew…
Kelsey Developments PLC’s (Kelsey Homes) robust fundamentals and strategic investments together with the company’s deep ties with its customers and business partners enabled the pioneering real estate developer to tide over challenging market conditions and register modest yet steady revenue growth during the third quarter of FY 2021 – 22. Sustained interest in units in…
IT Gallery, the leading distributor of video surveillance products and solutions and the national distributor for Hikvision in Sri Lanka, recently hosted the “Hikvision Partner Summit 2022” held physically after two years. The summit was held with the presence of 300+ partners of Hikvision, to recognize the performances of its island-wide partners in 2020 and…
A review by Arun Dias-Bandaranaike Confluence, conflict, confusion and comprehension- were literary ‘signals’ that flowed through my consciousness, as I perused the exhibits at this presentation, “Encounters”, hosted by the Museum of Modern and Contemporary Art Sri Lanka (MMCA) . Let me begin with ‘comprehension’. Ceylon, in the 20th century, was headed toward its own…
HNB PLC, Sri Lanka’s premier private sector bank, has partnered with leading agricultural machinery and equipment supplier Hayleys Agriculture to bring their customer bases the best options in leasing solutions along with exciting benefits for agricultural machinery. The renewed collaboration, which presents agricultural customers with special rates on tractors and harvesters, was officiated at Hayleys…
Mahindra IDEAL Finance, one of Sri Lanka’s premier licensed finance companies, focused on rural and semi-urban consumers, recently added a new branch to its expanding island wide network. Located in Galle, a major commercial centre in the South for the rural and semi-urban population, this new branch serves to expand the growing presence of Mahindra…
Commercial Bank Bangladesh, Commercial Bank of Ceylon’s largest overseas operation, has transformed the online banking experience it offers customers with the launch of ‘CBC Digital’ – the Bank’s single omni-channel online banking platform. Akin to ‘ComBank Digital’ implemented in Sri Lanka in 2020, ‘CBC Digital’ represents a synergy of the Bank’s web and mobile applications…
Uga, a celebrated hospitality group in Sri Lanka, was victorious at the 14th Annual Luxury Lifestyle Awards 2022 when its flagship property, Uga Ulagalla took home a win in the ‘Best Luxury Boutique Hotel in Sri Lanka’ category. In previous years, Uga Ulagalla had been recognised with several local and international awards and accolades, thus…
In line with its strategy to grow its presence, enhance financial inclusivity and promote digital transactions, DFCC Bank, the Bank for Everyone, unveiled its 25th offsite ATM/CRM at the Templeburg Industrial Zone in Panagoda, recently. The offsite access point was officially unveiled and inaugurated amidst a special opening ceremony, which was attended by high-ranking senior…
The British Council Sri Lanka hosted a premier networking event with around 15 higher education institutions from the United Kingdom (UK), with the aim of showcasing the UK’s world-class higher education system and foster collaboration with local stakeholders. The event was well received, and it many of the British Council’s local networks and partners comprising…
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