DFCC Vardhana Bank (DVB) reinforces its dedication towards its customer base by presenting existing savings customers with an extensive range of rewards. Tailored to meet the varying needs of its loyal customers, the rewards provided include increased interest rates paid for savings deposits and special concessions for other services offered.

Reuters: Shares rose on Tuesday as investors held on to hopes the European Central Bank can trim borrowing costs and help restore confidence in the euro bloc, even as officials denied a report about the shape of its planned bond buying strategy. But most other assets – from the euro to oil and gold – ...

Protecting the small depositor   One reason for poor communities the world over responding to the service facility provided by Micro Finance Institutions (MFI) to take in the small amounts of savings the poor generate on a daily or weekly basis is the security offered by the cash being securely looked after at a remote ...

Hatton National Bank PLC the premier private sector commercial bank in Sri Lanka joined hands with Unimo Enterprises Ltd., and Orient Motor Company Ltd., which are fully-owned subsidiaries of United Motors Lanka Plc to promote the JMC and DFSK commercial vehicles.

Rajendra Theagarajah MD/CEO of Hatton National Bank PLC was conferred with the award for andlsquo;Outstanding Contribution to the Banking Industryandrsquo; in recognition of the valuable services rendered to the Banking industry by the Council of Association, at the 24thandnbsp;Anniversary Convention of the Association of Professional Bankers Sri Lanka held on 13 August 2012 at the Cinnamon Grand ...

This week, University of Sri Jayawardenepura, Professor of Accounting information systems and Chairman of Board of Management Studies, Faculty of graduate studies Dr. Kennedy D. Gunawardana, discusses the financial Statement of Sampath Bank PLC.

Sri Lankaandrsquo;s Banking watchdog andndash; Central Bank said that the planners and leaders who are managing banks needs to have a long term focus and a long-term view.

The Old Boys Association of the Asoka Vidyalaya Colombo organised religious ceremonies to mark its 10th anniversary at the temple and mosques recently. Here Asoka Vidyalaya OBA Vice President Rangana De Silva receiving copy of the Sinhala Translation of Holy Quran from ITN Director Hashim Omar at the Peer Saibo Mosque. Member of the OBA ...

WASHINGTON (Reuters): A trend measure of Americans signing up for new jobless benefits fell close to a four-year low last week, but weakness in a regional factory gauge showed US recovery still faces an uphill climb. Other data on Thursday gave mixed signals about the strength of an incipient housing recovery, with groundbreaking on new ...

In the next few years, Sri Lankan economy will reach a Gross Domestic Production (GDP) value of US$100 billion, up sharply from the slow paced economy of about US$ 24 billion GDP in 2004, Central Bank Governor Ajith Nivard Cabraal said.

The rollout of broadband in Sri Lanka was pioneered by the country’s national telecommunications provider, Sri Lanka Telecom (SLT), which counts over 300,000customers in the country for its fixed broadband service. Also the company played a crucial and significant role as the infrastructure facilitator for the country’s mobile broadband boost. Over the years, SLT has ...

Unacceptable employee conduct comprises a number of behaviours and sometimes volatility levels. An employee may be having a bad day and snap at co-workers and bosses. Another employee may be going through problems at home and is late for work or absent frequently. There have been instances where some employees felt that it was acceptable ...

Shares thoughts on sustainability in volatility and the way forward The Guest of Honour, Dato’ Charon, President and Members of the Professional Bankers’ Association, my dear friends, first of all, let me thank the Association of Professional Bankers for inviting me this evening to your 24th Convention and giving me the opportunity to share a ...

PARIS/LONDON (Reuters): Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to address soaring grain prices caused by the worst US drought in more than half a century and poor crops from the Black Sea bread basket. France, the United States and G20 president Mexico will hold a conference ...

Exceptional balance sheet indicators, with deposit growth averaging nearly Rs 7 billion per month and gross loan book growth of more than Rs 5 billion per month in the first six months of 2012 have combined with strong gains in non-interest income to generate stellar first half results for Commercial Bank of Ceylon PLC.

Reuters: Brent crude fell below $113 a barrel on Friday as a sharp slowdown in China’s trade flows heightened worries about demand for fuel, putting to one side hopes of stimulus measures aimed at lifting global growth that could boost oil use. China’s July exports rose just 1 per cent from a year earlier, undershooting ...

Ever since the first aircraft was conceptualised by Leonardo Da Vinci, the dream of flight is still continuously evolving. The latest aircraft is known as the dream liner Boeing 787. There has been no end to the technological advances in aviation. The global aviation industry has since been enlarged into a multibillion dollar business and ...

Reuters: Indian Finance Minister P. Chidambaram sought on Monday to allay investor worries about an economy growing at its weakest pace in almost a decade by pledging to address their concerns over taxes, public finances and interest rates. In his first comments since becoming finance minister on July 31, Chidambaram said it was important to ...

Sri Lanka's leading private banking house- Hatton National Bank continued to record strong results in H1 2012, driven by growth in core banking operations, amidst increasing interest rates and restrained credit growth.

Reuters: Asian shares and the euro fell on Friday as investors shunned risk after the European Central Bank took no immediate action and only hinted at future steps to tackle the euro zone’s fiscal woes, following similar inaction from the U.S. Federal Reserve. Investors also have reasons to be more cautious ahead of a key ...