Company filings and market news from across Sri Lanka's stock market.
The SEC, with ADB technical support, released a regulatory framework enabling issuance and trading of Green, Blue, Social and Sustainability‑Linked (GSS+) bonds on the Colombo Stock Exchange, allowing sovereigns and corporates to raise capital for environmental and social projects.
Colombo stocks rose 0.81% as exporters rallied on expectations of a US–Sri Lanka trade deal, with the ASPI closing at 15,742.04 (up 126.41 pts). Key contributors included Teejay Lanka, Hayleys Fabric, Haycarb, Dipped Products, LOLC and Royal Ceramics, while selected banks (Sampath, HNB, Amana) fell.
The Trade Finance Association of Bankers held its 28th AGM on 19 February and re‑elected Shyam De Silva of Hatton National Bank as President; the body unveiled a new Vision/Mission and emphasised digital innovation, industry collaboration, global standards and professional development in trade finance.
Amana Bank (ABL.N0000) completed its inaugural 15-week Executive Leadership Development Program, graduating 15 participants to prepare them for executive roles through rotations, mentoring, workshops and project-based learning.
Commercial Bank of Ceylon PLC won the Overall Gold Award for Excellence in Digital Payments at the LankaPay Technnovation Awards 2025. LOLC Finance PLC won Overall Gold in the Non‑Bank Financial Institutions category, with DFCC, L B Finance, Seylan, Amana and Hatton National Bank among other winners.
Commercial Bank of Ceylon PLC won the Overall Gold Award for 'Excellence in Digital Payments' at the LankaPay Technnovation Awards 2025. Other shortlist winners included DFCC Bank, Hatton National Bank, Seylan Bank, Amana Bank, LOLC Finance, L B Finance and Dialog Finance.
Amana Bank participated in the CBSL Digital Payments Promotion Campaigns in Nuwara Eliya and Hambantota, showcasing its Your Bank app, video KYC online account opening, WhatsApp Banking and LankaQR while facilitating customer registrations.
Amana Bank won four awards at the IFFSA Awards 2024, including Islamic Finance Entity of the Year (Gold), Islamic Bank of the Year (Gold), Spirit of Islamic Finance (Gold) and the inaugural ESG Award.
Amana Bank PLC appointed Senthi Nandhanan Senthilverl as a Non-Executive, Non-Independent Director; Senthilverl Holdings holds a 15.3% stake in the bank. He has over 24 years' experience across financial services, energy, FMCG and investment sectors.
Amana Bank PLC was awarded a BBB+ rating by Lanka Rating Agency Ltd. LRA cited the bank's stable market position, adequate capitalisation and the strategic backing of the Islamic Development Bank Group.
Amana Bank PLC reported PAT of Rs.1.8bn for 2024, up 28% y/y, and PBT of Rs.2.8bn, up 21%. Customer advances rose 24% to Rs.111.3bn and deposits grew 16% to Rs.154.4bn with CASA 44%; Stage 3 ratio 1.3%, CET1 15% and Fitch upgraded to BBB-(lka).
Amana Bank (ABL.N0000) was assigned a long-term investment-grade rating of BBB+ with a Stable Outlook by Lanka Rating Agency. LRA cited strong asset quality, improved capitalisation, a Q3 2024 stage 3 impairment ratio of 1.4% and a CASA ratio of 42.3%.
Colombo bourse fell as the ASPI dropped 1.01% to 16,566 with turnover of Rs.2.07bn and foreigners closing as net sellers. CINS and JKH were among the main negatives while SAMP and GUAR were top positives; banking led turnover (29%) and capital goods plus food & beverage accounted for 33%.
Sri Lanka stocks fell, with the ASPI down 1.01% to 16,566.27 as investors awaited next week's government budget; turnover was low at Rs 2.07 billion and net foreign outflows totalled Rs 35.5 million, with financials and capital goods weighing on the market.
Colombo's ASPI rebounded, rising over 50 points (0.3%) after a prior Rs.188 billion drop, with bargain buying lifting the market and the banking sector leading turnover. Sampath, DFCC, Seylan, C T Holdings and John Keells were top positive contributors while Ceylinco and Aitken Spence weighed on the index.
Sri Lanka stocks closed 0.6% higher, with the ASPI up 0.57% to 16,550.63, led by capital goods. Banks, construction and food & beverage shares saw notable investor interest; turnover was Rs 5.18bn and there was a net foreign outflow of Rs 126m.
Colombo market slipped as the S&P SL20 fell 0.6% amid high turnover of Rs.8.4 billion, led by John Keells, Access Engineering, Browns Investments, Commercial Bank and Amana Bank; ASPI closed flat and foreign investors were net sellers of Rs.924 million.
Amana Bank (ABL.N0000) opened a new 24/7 Self Banking Centre in Kalpitiya, its 67th customer location (34 SBCs and 33 branches), offering cash withdrawal, cash deposit and cheque deposit services to local communities.
DFCC Bank will reimburse LKR 2,000 of the transaction fee for remittances sent via Lanka Money Transfer to DFCC accounts (minimum LKR 50,000) during a promotion running until 31 January 2025. Customers are eligible for two monthly reimbursements and the top remitter wins a return air ticket.
Fitch upgraded the national long-term ratings of 10 Sri Lankan banks and affirmed five after recalibrating the national rating scale following a sovereign upgrade; most outlooks remain Stable. Union Bank and Cargills Bank carry Negative Outlooks due to capital-buffer and parent-support risks.
Fitch upgraded the national long-term ratings of 10 Sri Lankan banks and affirmed five after recalibrating the national rating scale following Sri Lanka's sovereign upgrade on 20 December 2024.
Colombo market opened bullish as the ASPI rose ~115 points (0.71%) to 16,373 on turnover of Rs.5.5bn. Banking and Capital Goods led activity with DFCC, HNB, NDB, Teejay Lanka, Sierra Cables, CIC and Ceylon Cold Stores among top contributors.
Marshad Barry of Amana Bank Plc was appointed president of the Sri Lanka–Malaysia Business Council; the council is promoting Malaysian investment, trade and tourism ties and is targeting 30% membership growth in 2024–25.
ASPI fell 0.15% (24 pts) to 15,855 as profit-taking continued, with turnover Rs.4.56bn and net foreign outflow of Rs.48.3m. Banks and diversified financials led turnover (22% and 38% combined), with HNB, CFIN, HHL, Browns Investments and John Keells among notable movers.
Amana Bank (ABL.N0000) opened its 33rd Self Banking Centre in Irakkamam, increasing its customer locations to 66. The SBC offers 24/7 cash withdrawal, cash deposit and cheque deposit services to expand access and financial inclusion in the Eastern Province.
The Sri Lanka–Indonesia Business Council held its 1st AGM where the Indonesian Ambassador noted a 12.76% rise in bilateral trade (Jan–Sep 2024 vs same period 2023). The new council committee includes representatives from Aitken Spence, Amana Bank and hSenid Business Solutions.