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Category: Business

Oak Integrated Systems (Pvt) Ltd. discusses importance of Cyber Security & Resilience in Banking and Financial Sector
Business

Oak Integrated Systems (Pvt) Ltd. discusses importance of Cyber Security & Resilience in Banking and Financial Sector

AuthorDecember 21, 2022December 21, 2022

Oak Integrated Systems (Pvt) Ltd. recently held a forum under the theme ‘Build Cyber Security & Resilience together with Oak’.…

Orient Finance rises above challenges to deliver strong results
Business

Orient Finance rises above challenges to deliver strong results

AuthorAugust 23, 2022August 23, 2022

Posting a steady performance, Orient Finance PLC, a member of the Janashakthi Group and a leading financial service provider, recorded…

Janashakthi Life strengthens board with two new appointments
Business

Janashakthi Life strengthens board with two new appointments

AuthorAugust 15, 2022August 15, 2022

Janashakthi Insurance PLC, one of the key players in Sri Lanka’s insurance industry, announced the appointments of Mr. Sivakrishnarajah Renganathan…

Janashakthi Foundation partners with CEPA and YUMA Foundation to produce Sri Lanka’s first Trilingual Inequality Research Report
Business

Janashakthi Foundation partners with CEPA and YUMA Foundation to produce Sri Lanka’s first Trilingual Inequality Research Report

AuthorJuly 29, 2022July 29, 2022

Janashakthi Foundation, the Philanthropic arm of Janashakthi Group, partnered with the Centre for Poverty Analysis (CEPA) and YUMA Foundation, to…

DhanaMaga – Financial education is just a click away!
Business

DhanaMaga – Financial education is just a click away!

AuthorFebruary 22, 2022February 22, 2022

Asia Securities champions financial inclusion in Sri Lanka with a free, trilingual, short video-based Financial Literacy initiative First-ever comprehensive private…

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…

Financial, industrial stocks raise Sri Lankan shares about 1% higher
Banking and Insurance, Business, Equity Market

Financial, industrial stocks raise Sri Lankan shares about 1% higher

AuthorJanuary 20, 2021January 20, 2021

(Reuters) – Sri Lankan shares ended nearly 1% higher on Wednesday, boosted by financial and industrial stocks. The benchmark stock…

Licensed Banks to  come under requirements to implement Recovery plans
Banking and Insurance, Business, Finance and Leasing

Licensed Banks to come under requirements to implement Recovery plans

AuthorJanuary 4, 2021January 4, 2021

Sri Lanka’s Licensed Banks come under requirements to implement Recovery plans in order to strengthen crisis preparedness and to enhance…

Sri Lanka’s Banks are unlikly to return to Pre-covid proftiability levels in 2021
Banking and Insurance, Business, Finance and Leasing, Investments

Sri Lanka’s Banks are unlikly to return to Pre-covid proftiability levels in 2021

AuthorDecember 18, 2020December 18, 2020

Sri Lanka’s Banks are unlikly to return to Pre-covid proftiability levels next year, Fitch Ratings said in a special report.…

Sri Lanka’s banks became more flexible in lending in 3Q
Banking and Insurance, Business, Economy

Sri Lanka’s banks became more flexible in lending in 3Q

AuthorDecember 7, 2020December 7, 2020

Sri Lanka’s banking sector was more open to lending for borrowers in retail, corporate, and SME categories in the third…

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