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Category: Banking and Insurance

First Capital Retains Crown as the Most Valuable Consumer Brand in the Investment Banking Sector – Brand Finance Rankings 2023
Banking and Insurance

First Capital Retains Crown as the Most Valuable Consumer Brand in the Investment Banking Sector – Brand Finance Rankings 2023

AuthorJuly 27, 2023July 27, 2023

First Capital, the pioneering investment institution in Sri Lanka, is delighted to announce its triumph as the ‘Most Valuable Consumer…

Orient Finance’s Alternative Finance Business Unit celebrates a year of excellence
Banking and Insurance

Orient Finance’s Alternative Finance Business Unit celebrates a year of excellence

AuthorDecember 13, 2022December 13, 2022

Orient Finance PLC, a member of the Janashakthi Group and a leading financial service provider, celebrates a year of excellence…

Sri Lanka Banking Conference “Surfing Through the Crisis” Can the banking sector survive this economy, or can it help the economy survive?
Banking and Insurance

Sri Lanka Banking Conference “Surfing Through the Crisis” Can the banking sector survive this economy, or can it help the economy survive?

AuthorDecember 13, 2022December 13, 2022

EY, SRI LANKA, – EY successfully concluded its inaugural Sri Lanka Banking Conference themed “Surfing Through the Crisis” on 14…

Alliance Finance Company PLC secures USD 10 Mn Netherlands’ FMO in long term financing
Banking and Insurance

Alliance Finance Company PLC secures USD 10 Mn Netherlands’ FMO in long term financing

AuthorJanuary 19, 2022January 19, 2022

Sri Lanka’s oldest finance company, Alliance Finance Company PLC (AFC), has received the second tranche of USD 5 Mn from…

Class of COVID-19: Next generation of bankers fear for future
Banking and Insurance, Equity Market, Finance and Leasing, Fintech, International Business

Class of COVID-19: Next generation of bankers fear for future

AuthorMay 2, 2021May 2, 2021

(Reuters) : It wasn’t the introduction to high finance that Adi Patel had once anticipated. The stage fright of walking…

Banking Sector Lending Rates Hints a Comeback While Deposit Rates Continues to Fall
Banking and Insurance, Business, Economy, Finance and Leasing, Investments

Banking Sector Lending Rates Hints a Comeback While Deposit Rates Continues to Fall

AuthorMay 2, 2021May 2, 2021

Sri Lanka’s banking sector’s Average Weighted Prime Lending Rate (AWPR) reached a new monthly high of 5.86 percent at-end April…

Basel Committee proposes amendments to rules on haircut floors for securities financing transactions
Banking and Insurance

Basel Committee proposes amendments to rules on haircut floors for securities financing transactions

AuthorFebruary 15, 2021February 15, 2021

The Basel Committee on Banking Supervision has published for consultation two technical amendments to the standard on minimum haircut floors for…

BIS launches second green bond fund for central banks
Banking and Insurance, Investments

BIS launches second green bond fund for central banks

AuthorFebruary 1, 2021February 1, 2021

The Bank for International Settlements (BIS) has launched a euro-denominated, open-ended fund for green bond investments by central banks and…

Fintech can drive a strong post-COVID-19 recovery in Asia
Banking and Insurance, Economy

Fintech can drive a strong post-COVID-19 recovery in Asia

AuthorJanuary 21, 2021January 21, 2021

By Bambang Susantono The pandemic has highlighted the power of digital technology. Now is the time to harness this power for…

HSBC to axe 82 UK branches, cut services in others
Banking and Insurance, International Business

HSBC to axe 82 UK branches, cut services in others

AuthorJanuary 21, 2021January 21, 2021

 (Reuters) – HSBC plans to axe 82 branches in Britain this year after a drop in footfall across its retail…

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