By Hiran H.Senewiratne The CSE Board of Directors decided to change the tick size applicable to equity securities traded on the Automated Trading System (ATS). The necessary rule changes have been carried out by the CSE to facilitate this change with the approval of the Securities & Exchange Commission of Sri Lanka (SEC). The change […]
by Sanath Nanayakkare
The Bank of Ceylon (BOC) successfully weathered the ferocious pandemic year of 2020 while doing its duty towards the nation at an unprecedented time of difficulty, so I don’t see that we should worry about about any greater challenges in the year 2021, but harness that power of resilience and enter into a year of consolidation in 2021, BOC chairman Kanchana Ratwatte said yesterday.
The BOC chair said so in response to a query posed by
The Island Financial Review at a media conference held by the Bank to announce the Bank’s performance during the year 2020 amid the COVID 19 crisis and its approach for 2021 and beyond.
Sri Lanka’s most MSME friendly bank HNB PLC, announced the launch of a Rs. 20 million grant fund to support 200 microfinance customers affected by the ongoing COVID-19 pandemic across the country.
The fund, established by the bank through the HNB Sustainability Foundation, will offer microfinance customers up to Rs. 100,000 to upscale their businesses and work towards achieving SME status. HNB will grant funds in two phases to chosen microfinance customers with a view to revive and continue businesses impacted by the pandemic.
“I am very pleased to announce the launch of this vital source of funding through our Sustainability Foundation in support of microfinance entrepreneurs. 2020 has been extraordinarily challenging for all and this initiative comes at a most opportune and appropriate moment when businesses across the island are seeking the capital necessary to restart work.
CIPM Sri Lanka – the nation’s leader in human resource management celebrated its 60th anniversary with the issuance of a commemorative stamp and 1st day issuance in collaboration with the Department of Posts, Sri Lanka recently. The momentous occasion was celebrated at a ceremony held at the Waters’ Edge in Battaramulla with the participation of […]
Despite the ongoing pandemic and its challenges, the Aitken Spence team connected virtually with the employees of Aitken Spence across different countries to celebrate the dawn of 2021. This was a landmark event for Aitken Spence as the leadership team made their first address for 2021 to employees through this digital platform facilitated via Microsoft […]