Total asset base expands to Rs. 180.2 Bn* PBT increases by 37.5% to Rs. 7.6 Bn* Portfolio recorded strong growth by 70% Vallibel Finance PLC continued its strong growth momentum during FY 2025/26, delivering exceptional financial performance and further strengthening its position among Sri Lanka’s top four financial institutions. Remarkably, this achievement has been realized […]
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Expo Visa Services (EVS) has been recognized with multiple accolades at the SLASSCOM National Ingenuity Awards (SNIA) 2026, reaffirming its commitment to innovation and digital transformation within the visa and education services sector. The company’s digital platforms, Study Fly and the EZ Visa App, were recognized across both provincial and national categories, earning a total of five awards at this […]
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Over the past five decades, Hayleys Agriculture Holdings Limited has transformed from an agrochemical manufacturer into one of Sri Lanka’s most diversified and integrated agricultural companies. Today, its portfolio spans value-added food exports, coconut-based products, hybrid flower seeds, tissue culture plants, agri-inputs and agricultural technologies. Its latest corporate campaign, ‘Where Value Blossoms’ reflects this evolution […]
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Binance is continuing to deepen its commitment to compliance and user protection, with annual investments of approximately $300 million dedicated to safeguarding its global platform. This figure exceeds what many major banks spend on compliance, reflecting Binance’s emphasis on building trust as the foundation for sustainable growth in the digital asset ecosystem. The investment supports […]
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People’s Bank, one of Sri Lanka’s leading banking and financial institutions, celebrated its 65th anniversary on July 1, marking six and a half decades of dedicated service to the nation. Since its establishment in 1961, the Bank has played a pioneering role in expanding access to formal banking services, promoting financial inclusion and supporting the […]
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Amana Bank PLC has acquired ownership of its Corporate Office premises located at Galle Road, Colombo 3 from Lee Hedges PLC. The property transfer took place recently in the presence of Amana Bank’s Chairman Asgi Akbarally, members of the Board of Directors and the Management Committee, as well as the Directors of Lee Hedges PLC. […]
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Fashion Bug recently donated theatre angiogram covers to the Cardiac Catheterisation Laboratory at Colombo South Teaching Hospital, Kalubowila. The programme was held on March 30, at the hospital premises as part of the brand’s ongoing CSR initiatives. The Cardiac Catheterisation Laboratory is a vital unit within the hospital that facilitates a wide range of diagnostic […]
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People’s Leasing & Finance PLC (PLC), a leading non-bank financial institution and a subsidiary of People’s Bank, has further expanded its branch network with the inauguration of its new branch in Bibile. The new branch is centrally located at Badulla Road, Bilile. The opening ceremony was graced by the presence of a distinguished gathering, including […]
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LB Finance PLC has secured long-term funding of USD 20 million and USD 15 million from Norfund and Swedfund, respectively. This marks the first time LB Finance is entering into a partnership with these reputable European Development Finance Institutions (DFIs). As the second-largest Non-Bank Financial Institution (NBFI) in Sri Lanka, LB Finance commands total assets […]
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Scouts, Sri Lanka’s pioneering intelligent drone and robotics company, has closed a funding round at a valuation of LKR 1.6 billion. In a market that has historically exported its engineering talent rather than retaining it, the round represents something more than a financing milestone. The company offers an economically viable solution for security, from small […]
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