Company Overview and News

Seylan Bank records 21-pct YoY growth in 1Q 2018; Profit-after-tax Rs.1,053Mn

2018-05-03 lankabusinessonline
May 3, 2018 (LBO) – Sri Lanka’s Seylan Bank has posted a profit after tax of 1,053 million rupees in first quarter of 2018.

Seylan Bank reports 21-pct growth in 1Q 2018; records PAT of Rs.1,053 Mn

2018-05-03 lankabusinessonline
Seylan Bank made a steady start in 2018 by posting a Profit after Tax of Rs. 1,053 Million in Q1 despite less than ideal market conditions.

Essential fuel saving tips you should know

2018-04-26 lankabusinessonline
The price of petrol and diesel are at a constant rise and it’s more important than ever to start saving fuel. Here are some essential ways you can save fuel and the burden it carries on your wallet.

Seylan Bank rewards iPhone X through Facebook competition

2018-02-22 lankabusinessonline
Winner of the iPhone X promotion Dulvin Witharane receiving his gift from Tilan Wijeyesekera, Deputy General Manager – Retail Banking and Dinesh Jebamani, Chief Manager – Liability Products and New Age Media

Seylan Group’s PAT tops Rs.5Bn

2018-02-20 lankabusinessonline
(PRESS RELEASE) – Seylan group reported a resilient performance by recording a Profit after tax of Rs.5,004 Million for the year ended 31st December 2017, which is the highest profit reported in its history.

Seylan Bank records strong gains for December, full year

Seylan Bank PLC reported group earnings of Rs.4.10 per share or Rs.1.45 billion for the December quarter (4Q17), compared to Rs.3.37 a share or Rs.1.2 billion in the same quarter of the previous year, the interim financial accounts released by the bank showed. 

Seylan Bank enables Tikiri kids with latest robotic technology

2018-02-02 lankabusinessonline
Seylan Tikiri, which has empowered thousands of children by inculcating the habit of savings, embarked on another major initiative, where the bank’s Cinnamon Garden branch successfully concluded the first workshop on educating the nation’s future generation with state-of-the-art robotic technology.

Sri Lankan Banks to Step up Basel III Tier 2 Issuance: Fitch

2018-01-08 lankabusinessonline
Jan 08, 2018 (LBO) – Sri Lankan banks are likely to significantly boost issuance of Basel III-compliant Tier 2 instruments in 2018, says Fitch Ratings.

Opinion: Envisioning the Future of Digital Banking

2017-12-19 lankabusinessonline
As digitalization grows at a very fast pace, technology is redefining the way we live, the way we work and the lifestyle we lead. As technology evolves, banks need to actively work towards integrating new technologies to serve customers better. Today, innovation and technology have become game changers in revolutionizing the landscape of the financial industry where banks are compelled to evolve to sustain their growth in the modern world.

Seylan Bank conducts Internet Banking Draw

2017-12-11 lankabusinessonline
Standing left to right – Mr. Dinesh Jebamani (Chief Manager Liability Product Management and New Age Media – Seylan Bank), Mr.Sudesh Peiris (Senior Manager – Digital Banking Channels – Seylan Bank), Ms. S.Senevirathne (Representative of the Revenue Department – Western Province), Mr. Tilan Wijeyesekera (Deputy General Manager – Retail Banking – Seylan Bank) and Mr. Malik Wickremanayaka (Deputy General Manager – Operations – Seylan Bank)

Bond Scam: Whitewashing Will Boomerang On ‘Yahapalanaya’ & Country

2017-12-03 colombotelegraph
The alleged Treasury Bond scam is probably the largest financial scam to hit this country in its  post-independence history. For sheer impunity and involvement of a wide spectrum of politicians in collusion with a section of the corporate sector and regulatory authorities it is hard to beat. The muted response of the opposition exemplifies the rot in the governance of this country. It is unforgivable it took place  under a so-called ‘Yahapalanaya’ government which was elected with much hope under trying circumstances to usher in ‘good governance’ after the traumatic Rajapaksa years.

Seylan Bank records Profit-After-Tax of Rs.3Bn in 3Q

2017-10-30 lankabusinessonline
(PRESS RELEASE) – The Bank closed the 9 months ending 30th September 2017 with a post-tax profit of Rs.3,002 Mn, a moderate growth of 6% over the corresponding period last year. These results were impacted by provisions made on account of a legacy NPA, payment of which is due from the Compensation Tribunal.

Suriyapperuma appointed Chairman of Development Lotteries Board

2017-09-15 lankabusinessonline
S. A. P. Suriyapperuma who has held several senior positions in the public and the private sector in the past was appointed as the chairman of the Development Lotteries Board by the Hon. Minister of Finance and Media Mangala Samaraweera on the recommendation of the President Maithripala Sirisena.

Ravi K’s Altruistic Suicide! 

2017-08-14 colombotelegraph
Ravi Karunanayake sacrificed his pride and position by tendering his resignation to save the Maithri-Ranil government cabal. He could have faced and defeated the no confidence motion against him if Maithri (who owes his Presidency to Ravi) and Ranil Wickremesinghe had stood by him, but their cowardice will be recorded in history. The bond scam has been a controversy for over two and a half years and the main culprits did not include Ravi K as a key player.

Ravi K Diabolical Liar; Four Different Stories On Penthouse-Saga

2017-08-13 colombotelegraph
Member of Parliament Ravi Karunanayake, the former Minister of Foreign Affairs and Lotteries who tendered his resignation from his ministerial post last Thursday, diabolically lied and withheld crucial information when providing evidence at the Bond Scam investigation.

Related Articles

ANTH: Anthera Pharmaceuticals Analysis and Research Report

21h - Asif

Overview Anthera Pharmaceuticals, Inc. is a biopharmaceutical company focused on advancing the development and commercialization of innovative medicines that benefit patients with unmet medical needs. The company currently have two compounds in development, Sollpura and blisibimod. The company licensed Sollpura from Eli Lilly & Co (“Eli Lilly”) in July 2014. Sollpura is a novel non-porcine investigational Pancreatic Enzyme Replacement Therapy (“PERT”) intended for the treatment of patients with Exocrine Pancreatic Insufficiency (“EPI”), often seen in patients with cystic fibrosis and other conditions. The company licensed blisibimod from Amgen, Inc. (“Amgen”) in December 2007. Blisibimod targets B-cell activating factor, or BAFF, which has been shown to be elevated in a variety of B-cell mediated autoimmune diseases, including Immunoglobulin A nephropathy, or IgA nephropathy. Sollpura The exocrine pancreas is responsible for synthesis and secretion of digestive en...

AGEN: Agenus Inc Analysis and Research Report

21h - Asif

Business Agenus is a clinical-stage immuno-oncology (“I-O”) company dedicated to becoming a leader in the discovery and development of innovative combination therapies and committed to bringing effective medicines to patients with cancer. The company's business is designed to drive success in I-O through speed, innovation, and effective combination therapies. Agenus has assembled fully integrated capabilities from novel target discovery, antibody generation, cell line development, and good manufacturing practice (“GMP”) manufacturing together with a comprehensive portfolio consisting of antibody-based therapeutics, adjuvants and cancer vaccine platforms. The company leverage its immune biology platforms to identify effective combination therapies for development and have developed productive partnerships to advance its innovation. The company believe the next generation of cancer treatment will build on clinically validated antibodies targeting CTLA-4 and PD-1 combined wi...

SQ: Square Analysis and Research Report

2018-05-21 - Asif

Business The company started Square in February 2009 to enable businesses (sellers) to accept card payments, an important capability that was previously inaccessible to many businesses. However, sellers also need innovative solutions to thrive, and Square has since expanded to provide additional products and services to give these businesses access to the same tools as large businesses. This approach aligns with its purpose of economic empowerment, as everything the company do should give sellers accessible, affordable tools to grow their businesses and participate in the economy. Square is a cohesive commerce ecosystem that helps its sellers start, run, and grow their businesses. The company combine sophisticated software with affordable hardware to enable sellers to turn mobile and computing devices into powerful payment and point-of-sale solutions. Square has high seller acceptance rates and fast onboarding, while maintaining low risk and fraud losses as a result of its a...