Company filings and market news from across Sri Lanka's stock market.
Roar AdX ran Meta advertising workshops for Commercial Bank (COMB.N0000), Sampath Bank (SAMP.N0000), Seylan Bank (SEYB.N0000) and National Development Bank (NDB.N0000) to improve their targeted digital advertising strategies and drive growth.
Cinnamon Hotels & Resorts hosted the second annual 'The Gathering of Giants' (Aug 9–11, 2024) at Cinnamon Habarana, in partnership with Seylan Bank, to promote wildlife conservation and sustainable tourism around the Minneriya and Kaudulla elephant gatherings.
Seylan Bank (SEYB.N0000) opened a second branch in Kurunegala at No. 104, Kovil Road to serve a larger customer base with a full range of banking services. The opening was attended by CEO Ramesh Jayasekara and included a business forum and panel discussion.
Seylan Bank opened its second branch in Kurunegala at No. 104, Kovil Road to serve a larger customer base with a full range of banking services. The opening ceremony was attended by CEO Ramesh Jayasekara and included a business forum and panel discussion.
Seylan Bank will extend its 'Signfluencer' campaign to support the Ceylon School for the Deaf and Blind in Ratmalana, funding instructors and programs to improve computer literacy and inclusivity for visually and hearing-impaired students.
Seylan Bank (SEYB.N0000) opened its 250th Seylan Pahasara Library at St. Anthony’s Tamil Maha Vidyalam, part of a project since 2013 that has reached over 330,000 children. The bank aims for 300 libraries by 2026 and is exploring e-libraries and digital resources.
Seylan Bank (SEYB.N0000) launched Seylan Eco Solar Loans and SME Working Capital Loans offering financing up to LKR100 million. Solar loans: fixed 11.5% p.a. for first five years then 1-month AWPLR+1% (floor 11.5%) up to seven years; working capital: fixed 11% p.a. for three years or floating 9.5% first year then AWPLR+1%.
Seylan Bank relaunched 'Seylan Factoring', offering clients up to 80% of invoice value within hours to provide fast working capital, with the balance paid at the end of the credit period. The service targets startups, SMEs and corporates, requires no tangible securities and includes collection support.