Page 2 - Net Fee News Today

Backed by its solid capital base and prudent risk fundamentals, Sampath Bank continued to prove its ability to navigate itself prudently during this unprecedented economic crisis. The combined impact of the recurring foreign exchange shortages coupled with the steep LKR depreciation resulted in a shortage of essential food, medication, fuel and gas. This, together with...

Pan Asia Banking Corporation PLC reflected resilience amidst a multitude of adversities emanating from challenging macro-economic conditions. The Bank’s financial performance for the period ended 30th September 2022 demonstrates judicious portfolio management and prudency exercised in dealing with possible fallout on its asset quality from the sharp increase in interest rates. During the period under […]

INTERIM FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED 30TH SEPTEMBER 2022 COMPANY REGISTRATION NO : PQ 48 ... | November 14, 2022

Amidst widespread economic uncertainty during the year 2022, Sampath Bank maintained a strong capital base and a steady liquidity profile. Proactive efforts to identify challenges and implement appropriate strategies has allowed the Bank to further reinforce its strength and stability. The Bank has also continued to lead by example in demonstrating its commitment to the […]

AIA Insurance partnered Women’s Chamber of Industry and Commerce (WCIC) recently. The partnership included AIA as a Gold Sponsor for WCIC PRATHIBHABHISHEKA – Women Entrepreneur Awards 2022, organised by the Women’s Chamber of Commerce (WCIC) and for WCIC’s strategic events to promote women entrepreneurship in Sri Lanka for 2022- 2023. As a company that has […]

In a compact new book, former Smith Carter Principal and C.O.O. Rick Linley describes a simple method for understanding the financials of any architecture firm—and what those financials mean for managing a practice. Here’s an excerpt from the book, explaining how to benchmark a firm’s performance using seven key figures. It’s critical to understand how […]

As 15th of May 2022 was the Vesak festival, in order to foster Korea-Sri Lanka relations the Korean Embassy together with the Korean Residents in Sri Lanka hosted a Korean Food Sharing event. This was part of Korea Week 2022 which is currently taking place at the Colombo City Centre. In the spirit of Vesak, […]

Ushering a new era of online learning, SLIIT unveiled its Centre for Open and Distance Education (CODE), a fully-fledged, independently developed online platform offering a range of self-paced courses. CODE aims to fill skill shortages in the industry by enabling youth to equip themselves with highly sought after skills.The Centre, established by the Industry Engagement […]

DFCC Bank, the Bank for Everyone, has relocated its branches in Aluthgama, Kaththankudi, Akkaraipattu, Nugegoda and Naula to offer an enhanced customer experience in these locations. The newly relocated branches were declared open with the participation of long-standing customers of the respective branches, DFCC Bank’s senior management and staff. Accordingly, DFCC Aluthgama Branch is now […]

Pelwatte, a local dairy brand with international standards and an unwavering promise of delivering quality fresh milk to its customers recently organized a series of seminars for the GCE Ordinary Level students. This was done with the intention of furthering Pelwatte’s corporate philosophy of uplifting livelihoods through sustainable methods. The seminars commenced during the last […]