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BOC records Rs. 30bn Pre Tax Profit in 1Q 2025

Srilanka, May 16 -- Bank of Ceylon (BOC) delivered a strong and resilient performance in the first quarter of 2025. Building on the momentum of 2024 the bank maintained financial stability, demonstrat... Read More


NTB gets off to a solid start to the year with Rs.32bn in new loans

Srilanka, May 16 -- Nations Trust Bank PLC saw some solid growth in new loans in the three months through March 2025, reflecting both the bank's desire for lending as well as the new found appetite fo... Read More


Hemas appoints Ashish Chandra as Group CEO

Srilanka, May 16 -- Hemas Holdings PLC has appointed Ashish Chandra as its new Group Chief Executive Officer, effective 1 July 2025. This appointment marks a strategic inflection point for Hemas as ... Read More


Cargills Bank posts Rs. 162mn PAT for 1Q25

Srilanka, May 16 -- Cargills Bank's results for the quarter ended 31 March 2025 reflected an increase of Rs. 116 million in profitability when compared to the corresponding quarter in 2024 posting a p... Read More


Provision reversals, non-fund incomes lift Sampath Bank March performance

Srilanka, May 16 -- Sampath Bank reported some robust financial performance in the quarter ended in March 2025 on the back of mainly the non-fund incomes as the net interest income slightly eased due ... Read More


Sanjaya Gunawardana appointed as new MD

Srilanka, May 16 -- Sampath Bank PLC yesterday announced the appointment of Sanjaya Dias Pujitha Gunawardana as its new Managing Director, effective September 24, 2025, subject to regulatory approvals... Read More


Market buying spree persists as the yield curve softens

Srilanka, May 16 -- Continuing the previous day's trend, market participants maintained a buying stance, leading to moderate volumes and activity yesterday. Notably, demand was concentrated in the 2... Read More


Turnover crosses Rs. 4.5 bn after 6 sessions

Srilanka, May 16 -- Indices closed in green as a result of price gains in counters such as Melstacorp, Sampath Bank and Commercial Bank with the turnover crossing Rs. 4.5 bn. High net worth and insti... Read More


Dialog Enterprise expands cybersecurity partnership with Check Point

Srilanka, May 16 -- Dialog Enterprise has strengthened its partnership with Check Point Software Technologies Ltd, through South Asian Technologies Group, to offer advanced security solutions that pro... Read More


StanChart appoints Clement Isack as Director, Head of Markets and Sales

Srilanka, May 16 -- Standard Chartered Sri Lanka has appointed Clement Isack as Director, Head of Markets and Sales, effective May 9, 2025. In his new role, Clement will join the country management ... Read More