Sampath Bank Ranked Amongst Top 1000 World Banks 2020
Continuing to earn awards and recognition in Sri Lanka and around the world, Sampath Bank PLC was recently rated amongst the Top 1000 World Banks 2020 by the UK’s Banker magazine on the 50th anniversary of the rankings. The Banker is…
Driving Value through mastering Internal Capital Adequacy Assessment Process (ICAAP) post pandemic
By Rajith Perera, Partner/Principal, Financial Accounting Advisory Services, Ernst & Young, Sri Lanka COVID-19 pandemic represents the biggest test of the financial stability to the financial services sector. Pandemic constitutes unprecedented local as well as global macro-economic stress leading to…
முதல் ஐந்து ஆண்டு காலப் பகுதியை மிகவும் வெற்றிகரமாக நிறைவு செய்துள்ள CLC இஸ்லாமிக் ஃபினான்ஸ்
கொமர்ஷல் லீசிங் அன்ட் பினான்ஸ் பீ.எல்.சி (CLC) நிறுவனத்தின் அங்கமான CLC இஸ்லாமிக் ஃபினான்ஸ் இலங்கையின் முன்னணி இஸ்லாமிய நிதி நிறுவனமாகத் திகழ்வதுடன் தற்போது தெற்காசிய இஸ்லாமிய நிதியீட்டு அரங்கிலும் உயர்வான அங்கீகாரத்தைப் பெற்றுக் கொண்டுள்ளது. CLC இன் இஸ்லாமிய வணிகப் பிரிவின் (IBD) கீழ் இலங்கை மத்திய வங்கியின் (CBSL) விதிமுறைகளுக்கு உட்பட்டு இஸ்லாமிய…
CLC Islamic Finance tops first five-year stint with a gold rush
CLC Islamic Finance of Commercial Leasing & Finance PLC (CLC) is a leading Islamic Finance entity in Sri Lanka that is now propelling to greater recognition within the South Asian Islamic financing arena as well. Launched in 2015 under the…
Deloitte Touche Tohmatsu India LLP report suggests need for strategic investments in re-designing anti money laundering (AML) compliance programmes in banking and financial services sectors
Banks are facing increased challenges in meeting heightened regulatory expectations AML compliance is a board level issue with continuing operational challenges and investments not bearing fruit Banks are following a risk-based approach for AML compliance, but more needs to be…
Commercial Leasing & Finance PLC records a breakout performance in 2019/20
Increases PAT by 29% and retains industry-best NPLs ‘A’ Stable rating reaffirmed by ICRA Rated amongst Top 50 Brands for 2019/20 by LMD Commercial Leasing and Finance PLC (CLC) concluded FY2019/20 on an impressive note, consistently performing well year on…
The FHA pioneers in treating Sri Lanka towards financial inclusion
By Roshan Abeygoonewardena The Finance Houses Association of Sri Lanka (FHA), as the apex body of 39 Regulated Finance Companies registered with Central Bank of Sri Lanka (CBSL), plays an important role in the finance and banking sector of Sri…
Huawei MateBook D15 and MateBook 13 optimize productivity with a pack of innovative features
By Vidura Prabhath Huawei, the innovative smartphone manufacturer, recently marked its footprint in the laptop arena with the launch of Huawei MateBook D15 and Matebook 13. Both the laptops are not just aesthetically designed showpieces; they offer many more to…
Autogroup International steers into 25 years in conversion and re-manufacture of high-value American vehicles
People around the world cherish US manufactured SUV’s and Pick-up trucks for their premium look and features coupled with the ample spaciousness which is a key for travelling purposes. But most of these vehicles are unfortunately designed for left-hand driving…
CBSL’s COVID-19 Relief Measures
How are we helping the Country, Economy and YOU? This press statement aims to create public awareness about the operational and policy measures undertaken by the Central Bank of Sri Lanka thus far during 2020, to support the economy, the…