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The Commercial Bank of Ceylon recently commemorated 20 years of remittance operations in Qatar with a celebratory event hosted for the management and employees of Exchange Houses, the Bank’s premier customers and other stakeholders in this Arabian Peninsula state. The milestone event held at the Alwadi Hotel Doha – MGallery, was graced by His Excellency...
The Commercial Bank of Ceylon and leading money transfer operator Western Union are collaborating on a novel promotion that will reward recipients of remittances with a most timely and in-demand gift: a rechargeable LED light with every remittance worth Rs 10,000 or more, received until 15th September 2022 or until stocks last. The Bank said...
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100)1 increased to 45.3% in May 2022 from 33.8% in April 2022. This increase in Yo-Y inflation was driven by the monthly increases of both Food and Non-Food categories. Accordingly, Food inflation (Y-o-Y) increased to 58.0% in May 2022 […]
The Bank for Everyone, and one of the pioneers in the Banking industry to embracecycling, DFCC Bank celebrated World Bicycle Dayrecently.WorldBicycle Day falls on 3rd June each year and draws attention to the various health and environmental benefits of cycling; a simple, affordable, clean and environmentally friendly means of transportation. To commemorate this day, the […]
Recognising the need to implement a comprehensive cross border transactions and domestic foreign currency transactions monitoring system as a key national priority, the Central Bank of Sri Lanka (CBSL) has implemented a new data collecting system known as the International Transactions Reporting System (ITRS) with the participation of Licensed Commercial Banks (LCBs) and Licensed Specialised […]