Business

Fitch Ratings has assigned Merchant Bank of Sri Lanka & Finance PLC (MBSL) a first-time National Long-Term Rating of ‘BBB+(lka)’. The Outlook… The post Fitch assigns first rating for MBSL appeared first on DailyNews.

Central Bank of Sri Lanka (CBSL) has taken note of recent news reports in the media on comments and remarks attributed to… The post CBSL clarifies Salary hike appeared first on DailyNews.

Demonstrating resilience DFCC Bank PLC, the largest entity within the Group, reported a Profit Before Tax (PBT) of LKR 10,960 Mn and… The post DFCC Bank posts LKR 10,960 Mn PBT in 2023 appeared first on DailyNews.

Secretary General, Joint Apparel Association Forum Sri Lanka (JAAF) Yohan Lawrence hailed the proposed signing of the Economic Cooperation and Trade Agreement… The post JAAF hails ECTA with India appeared first on DailyNews.

The rebound of domestic economic activity witnessed in the latter part of 2023 is expected to continue, assisting the economy to gradually… The post Domestic economic activity rebounce to continue -CBSL appeared first on DailyNews.

Over Rs 1 trillion circulated outside the banking system in the 3rd quarter 2023 and that causes 1.5% waste to the country’s… The post “Circulation of currency outside banking system causes 1.5% waste to country’s GDP” appeared first on…

Union Assurance, has declared a 13.5% Universal Life Policyholder Dividend Rate for the financial year 2023. Once again, the Company has demonstrated… The post Union Assurance delivers 13.5% dividend rate for 2023 appeared first on…

Seylan Bank recorded a strong performance, despite a challenging environment and posted a Profit Before Income Tax of Rs.10.08 billion and Profit… The post Seylan Bank records strong performance with PAT of Rs. 6.2 bn. Up by 33% appeared…

HNB Assurance Group recorded yet another year of exceptional performance, marking the third consecutive year of achieving a growth rate exceeding 20%… The post HNB Assurance group surpasses 20% growth again appeared first on DailyNews.

People’s Bank recently conducted a prize draw to select a winner from individuals who have subscribed to the bank’s YouTube channel. The… The post People’s Bank selects winner of YouTube channel subscriber appeared first on DailyNews.