Milestone Achievement in a Competitive MarketDeutsche Bank celebrates 45 years of operations in Sri Lanka, marking its long-standing commitment to the country’s financial services industry. The bank provides fund administration, custody, and trustee services to both local and international clients, demonstrating its role as a stable pillar in Sri Lanka’s financial landscape. Navigating Growth Amid […]
Record-Breaking Growth Amid Low PenetrationSri Lanka Insurance Life (SLIC Life) reported impressive results for the first nine months of 2025. Gross Written Premiums (GWP) reached LKR 23.6 billion (+32% YoY), new business premiums rose 61% YoY to LKR 5.4 billion, and pre-tax profit climbed to LKR 23.9 billion. Claims disbursed totaled LKR 13.2 billion (+49% […]
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 […]
