A Bold Move in the Banking LandscapeHSBC, a major global banking institution, has announced the sale of its entire retail banking operations in Sri Lanka to Nations Trust Bank (NTB) for LKR 18 billion. The transaction includes approximately 200,000 retail accounts, encompassing savings and checking accounts, credit cards, and personal loans. While the retail segment […]
What makes this recognition more than just a badge of honor? Let’s dive into the enchantment behind the accolade — and consider why Sri Lanka should be on every traveler’s 2025 “must-visit” list. 🌴 Why Sri Lanka Earned the Top Spot Big 7 Travel’s methodology included aggregated media scores, editorial judgment, social media buzz, and […]
Business magnate Dhammika Perera has partially divested his stake in Commercial Bank of Ceylon PLC, one of Sri Lanka’s most stable and high-performing financial institutions. The transaction, valued at approximately Rs. 5.5 billion, represents a significant portfolio move by one of the country’s most influential investors. Overview of the Transaction The partial sale of shares […]
