Oil prices rose by over 1% on Thursday after the International Energy Agency raised its oil demand growth forecast for this year as soaring gas prices drive some consumers to switch to…
BEIJING: Chinese President Xi Jinping offered Sri Lanka’s new president his support on Friday (Jul 22), state broadcaster CCTV reported, as the Indian Ocean island grapples with its worst economic crisis in decades. Ranil…
Adjudged Best Bank for SME Banking & Best Bank for Environmental, Social and Governance (ESG) The Commercial Bank of Ceylon has won two coveted international awards – ‘Best Bank for Small and…
A timely opportunity to save for children in foreign currency has been unveiled by the Commercial Bank of Ceylon with the launch of the ‘Arunalu’ Foreign Currency Minor’s Savings Account. Savings can…
Legal framework for investors to operate bank accounts within the Colombo Port City have been made ready. Accordingly Gazette No 2282/59 on June 3 and relevant directives by the Department for Foreign…
Tier I Capital and Total Capital Adequacy ratios as at 31st March 2022 above regulatory levels at 11.8% and 14.1%, respectively. 32% growth in Operating Income in comparison to Q1 2021 4% growth…
Assets cross Rs 1.5 Trillion and Advances cross Rs 1 Trillion in 1Q 2022 Capital strong at 15.59% Liquidity high with LAR at 30% and LCR at 194% Net Stage III loans…
The Commercial Bank of Ceylon has become the first bank in Sri Lanka to enable online payments to the Sri Lanka Standards Institution (SLSI)by linking the institution to‘ComBank Digital,’ making it possible…
Markets
The Colombo Stock Market gained on Monday 18th to three weeks high on foreign buying. Brokers told Business Tribune that foreign interest in Sri Lankan stocks was mainly due to the hope…
Local News
The Director General of the National Transport Commission Dr Thilan Miranda says that he is preparing to make recommendations to the secretary of the ministry of transport to revise the bus fares…
