Hsbc retail banking acquisition News

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Finance

Nations Trust Bank Posts Strong Start to 2026 with 12% Profit Growth.

May 15, 2026 at 3:11 AM

Nations Trust Bank (NTB) reports a solid 12% growth in Profit After Tax to LKR 4.6 billion for Q1 2026, driven by a 10% increase in loan growth and strategic portfolio expansion, including the acquisition of HSBC's retail business in Sri Lanka.

10 sources

Local News

Major Shifts in Sri Lanka: HSBC Exits Retail Banking as Stock Market Faces Foreign Outflow Pressure.

HSBC has officially ceased its retail banking operations in Sri Lanka, transferring accounts to Nations Trust Bank, while the Colombo Stock Exchange reports record foreign outflows surpassing Rs 25 billion.

May 5, 2026 at 6:21 PM

8 sources

Finance

Image Source : alphapilot.tech

HSBC Stocks Decline as Quarterly Profits Fall Short of Market Projections.

May 5, 2026 at 6:54 AM

7 sources

Local News

Image Source : newswire.lk

Nations Trust Bank Finalizes Acquisition of HSBC Sri Lanka Retail Operations.

May 4, 2026 at 3:40 AM

18 sources

Hopes Fade for Recovery of Rs. 13.2 Billion Lost in Major NDB Bank Fraud

Image Source : independent.lk

Local News•

May 2, 2026 at 7:33 PM

Hopes Fade for Recovery of Rs. 13.2 Billion Lost in Major NDB Bank Fraud.

Financial experts and banking officials suggest that recovering the Rs. 13.2 billion lost in the recent NDB fraud is highly unlikely due to the funds being converted into untraceable cryptocurrency. The situation has raised concerns regarding regulatory oversight and potential repercussions from the Financial Action Task Force (FATF).

8 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

Local News

Image Source : bizenglish.adaderana.lk

DFCC Bank Launches 2026 'Wyapara Hamuwa' Initiative to Empower Kuliyapitiya Entrepreneurs.

April 18, 2026 at 11:06 AM

4 sources

Local News

Image Source : economictimes.indiatimes.com

HNB Finance Announces Strategic Capital Expansion via Rights Issue.

April 10, 2026 at 7:24 AM

3 sources