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As a transaction bank, the Deutsche WertpapierService Bank AG (dwpbank) handles the securities processing for financial institutions from the savings bank and cooperative sector, but also from the private and commercial banking sector in Germany. dwpbank currently manages around 5.34 million securities accounts. [2]
The name "ikman" comes from the Sinhala term "ඉක්මන්" meaning "fast", or "quick". [1] ikman.lk Launched in June 2013 and is owned by Swedish company Saltside Technologies. ikman.lk became the 6th most visited website in Sri Lanka after three months of operation. [2] The site was initially developed by technical teams based in Sweden ...
Germany is the fourth most important export market for Sri Lanka. [2] In 2021, the value of German imported goods from Sri Lanka, which mainly consist of rubber, tea and textiles, was 864.5 million euros. German exports of machinery, electrical and chemical products, and motor vehicles, amounted to 265.6 million euros. [3]
The Sri Lankan banking industry was changed during the late 1980s with the introduction of automation by private banking corporations. [10] Previously, few foreign banks were operating within Sri Lanka with few branches such as Hongkong and Shanghai Banking Corporation, etc. HSBC was using interactive electronic customer interfaces such as automated teller machines (ATMs).
Housing Development Finance Corporation Bank of Sri Lanka (HDFC) National Savings Bank; Regional Development Bank (Pradheshiya Sanwardhana Bank) Sanasa Development Bank; Sri Lanka Savings Bank; State Mortgage and Investment Bank; Source: Central Bank, September 2020 [2]
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In 2009 the Central Bank of Sri Lanka purchased the building, to address the needs of the bank's growing office. [1] The renovated building was officially opened on 1 June 2011 by Gotabaya Rajapaksa , Secretary to the Ministry of Defence and Urban Development , and Ajith Nivard Cabraal , Governor of the Central Bank .
It is one of the leading finance companies in Sri Lanka and it is also ranked within the top five largest licensed financial institutions among the 46 non banking institutions in the country. [2] In September 2019, the company received the Best Social Media Initiative of the Year at the 2019 Asian Banking & Finance Awards which was held at the ...