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Local News

Strengthening the Banking Pillar: Essential for Sri Lanka’s Long-Term Economic Resilience.

May 19, 2026 at 12:22 AM

This article explores how a robust banking sector is critical for Sri Lanka's economic recovery, addressing misconceptions regarding bank profitability and highlighting the sector's vital role in national stability.

10 sources

Strengthening the Banking Pillar: Essential for Sri Lanka’s Long-Term Economic Resilience

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Local News

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Commercial Bank Reaches Milestone with 400th IT Lab and New CSR Identity.

May 18, 2026 at 8:27 AM

2 sources

Local News

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National Savings Bank Launches Nationwide Digital Banking Awareness Campaign.

May 17, 2026 at 12:21 AM

7 sources

Local News

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Commercial Bank Group Hits Historic Rs. 3.5 Trillion Asset Milestone in Q1 2026.

May 15, 2026 at 11:52 PM

10 sources

Bank of Ceylon Posts Resilient Rs. 28.8 Billion PBT for Q1 2026

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Finance•

May 15, 2026 at 9:54 PM

Bank of Ceylon Posts Resilient Rs. 28.8 Billion PBT for Q1 2026.

Bank of Ceylon (BOC) has reported a strong start to 2026, achieving a Profit After Tax of Rs. 18.8 billion for the first quarter, supported by solid net interest income and fee-based growth.

9 sources

Finance

Commercial Bank Sets Historic Benchmark, Surpassing Rs. 3.5 Trillion in Total Assets.

May 14, 2026 at 1:11 PM

Commercial Bank of Ceylon has achieved a historic milestone by becoming the first private sector banking group in Sri Lanka to exceed Rs. 3.5 trillion in total assets during the first quarter of 2026.

7 sources

Commercial Bank Sets Historic Benchmark, Surpassing Rs. 3.5 Trillion in Total Assets

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Local News

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Commercial Bank Launches Major Reward Campaign for Debit Cardholders.

May 12, 2026 at 10:07 AM

9 sources

Economy

Syria Reconnects with Global Financial Systems Through Visa and Mastercard Integration.

Syria has officially authorized local banks to collaborate with Visa and Mastercard, ending a 15-year isolation from global payment networks as part of a strategic effort to revitalize its economy.

May 12, 2026 at 2:35 AM

10 sources

Local News

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People’s Bank Spearheads Digital Payment Revolution to Advance Cash-Lite Economy.

May 10, 2026 at 12:01 AM

10 sources

Local News•

May 5, 2026 at 8:36 AM

Commercial Bank of Ceylon Retains ‘Best Bank in Sri Lanka’ Title for 24th Consecutive Year.

Commercial Bank of Ceylon has been named the 'Best Bank in Sri Lanka' by Global Finance for the 24th time, highlighting its sustained financial stability and leadership in the local banking sector.

10 sources

Business

DFCC Bank and NCCSL Join Forces to Boost Sri Lankan SMEs.

April 30, 2026 at 11:28 AM

DFCC Bank has partnered with the National Chamber of Commerce of Sri Lanka to provide SMEs with enhanced market access, financial literacy, and advisory services, moving beyond traditional lending.

19 sources

Finance

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Commercial Bank Launches Nationwide Drive to Expand LankaPay JCB Debit Card Adoption.

April 30, 2026 at 10:34 AM

10 sources

Finance

People’s Bank Investment Banking Unit Secures Prestigious Global Accolade for 2026.

People's Bank Investment Banking Unit (PBIBU) has been recognized as the Best Investment Bank in Sri Lanka for 2026 by the Global Banking and Finance Review Awards, highlighting its significant contributions to the local financial sector.

April 29, 2026 at 7:59 PM

7 sources

Technology

Banking Sector Embraces Artificial Intelligence to Reshape Financial Services.

Financial institutions are rapidly integrating AI to optimize operations, enhance customer onboarding, and improve efficiency ratios, though challenges regarding return on investment persist.

April 29, 2026 at 7:16 PM

16 sources

Commercial Bank of Ceylon Receives Prestigious Global Honor for Circular Economy Leadership

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Local News•

April 28, 2026 at 4:56 AM

Commercial Bank of Ceylon Receives Prestigious Global Honor for Circular Economy Leadership.

Commercial Bank of Ceylon has been recognized as the Asia-Pacific regional winner for the 'Circular Economy Commitment' at the 2025 Global Finance Sustainable Finance Awards, highlighting the bank's dedication to sustainable, climate-resilient banking.

14 sources

Local News

Commercial Bank COO S. Prabagar Announces Retirement After 30-Year Career.

April 24, 2026 at 3:31 AM

Commercial Bank of Ceylon's COO and Executive Director, S. Prabagar, will retire on April 26, 2026, marking the end of a highly successful three-decade career in the banking sector.

9 sources

Commercial Bank COO S. Prabagar Announces Retirement After 30-Year Career

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Finance

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Seylan Bank Launches Interest-Free Salary Advance Scheme for Professionals.

April 24, 2026 at 3:13 AM

15 sources

Economy

Bangladesh Banking Crisis: DCCI Highlights Paradox of Excess Liquidity and Credit Drought.

The Dhaka Chamber of Commerce & Industry (DCCI) has warned that despite banks holding record excess liquidity, the private sector, particularly SMEs, is struggling to access credit. Experts call for urgent structural reforms and improved data accuracy to resolve this economic bottleneck.

April 21, 2026 at 9:07 AM

14 sources

Local News

Sampath Bank Private Banking Strengthens Client Bonds Through Cultural Engagement.

Sampath Bank Private Banking recently hosted an exclusive Iftar gathering at Cinnamon Life, Colombo, aimed at fostering deeper relationships with its valued clients through shared cultural traditions and personal engagement.

April 20, 2026 at 7:32 AM

6 sources

Wall Street’s Multi-Billion Dollar AI Bet: Redefining Banking Survival

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Technology•

April 20, 2026 at 4:16 AM

Wall Street’s Multi-Billion Dollar AI Bet: Redefining Banking Survival.

Major Wall Street banks are investing billions in AI to drive productivity and bolster cybersecurity. As the industry shifts toward 'Agentic AI,' executives face increasing pressure to prove the ROI of these massive technological expenditures.

8 sources