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As of March 2024, the Colombo Stock Exchange (CSE) has 284 listings. [1. A. Company Name Symbol Abans Electricals ... Merchant Bank of Sri Lanka & Finance:
Out of the 53 awards won, the bank won the Bank of the Year 2019 award from the UK based The Banker magazine as well as the award for the Best Bank in Sri Lanka 2019 from the US-based Global Finance magazine. The bank was rated as the strongest bank brand in Sri Lanka for the years 2020 and 2021 according to the statistics unveiled by Brand ...
It is the highest rated non-bank financial company in Sri Lanka. [13] Bank launches loan program to local industries. It is called "Made in Sri Lanka". Its aims are to support small and medium business enterprises. [14] The People's Bank was blacklisted by the Chinese government on 29 October 2021 due to dispute over fertilizer imports from ...
Foreign-exchange reserves is generally used to intervene in the foreign exchange market to stabilize or influence the value of a country's currency. Central banks can buy or sell foreign currency to influence exchange rates directly. For example, if a currency is depreciating, a central bank can sell its reserves in foreign currency to buy its ...
Union Bank of Colombo PLC is one of the top five banks in Sri Lanka in market capitalization as well as one of the country's fastest growing Financial Services Groups. [4] As of 31 October 2017 [update] , the bank operated 66 branches and 121 automatic teller machines (ATM) across the island nation. [ 4 ]
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).
Listed on the Colombo Stock Exchange since 1956 and with nearly seven decades of banking expertise, DFCC Bank is one of the nation's most reliable and longstanding banks. Regulated by the Central Bank of Sri Lanka and rated A (lka) by Fitch Ratings, DFCC Bank provides a comprehensive range of corporate, retail, and SME banking services ...
Nations Trust Bank PLC (abbreviated as NTB) is one of the listed banks in Sri Lanka with 96 branches, 99 ATMs and 64 cash deposit & withdrawal machines as well as an automated channels and is the issuer and sole acquirer for American Express Credit Cards in Sri Lanka. [2] Nation Trust Bank's major shareholders are John Keells Holdings and ...