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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 (1-0)
(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. (1-0)
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. (1-0)
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. (1-0)
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. (1-1)
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. (1-0)
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) (1-0)
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. (1-0)
(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. (1-0)
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 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.
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.
According to media reports, an SMS, alleged to have been retrieved from the iPhone of Arjun Aloysius and presented to the currently sitting Presidential Commission to Investigate and Inquire into the Issuance of Treasury Bonds, had spoken of an attempt at obtaining, through a Parliamentarian, a paper submitted to the Monetary Board.
Seylan Bank and its Group reported a strong growth momentum with its performance for the six months ended 30 June 2017. Seylan group recorded a net profit after tax of Rs. 2,310 Million for the period which is an increase of 32% compared to the prior year corresponding period.
R.P Chinnaiya the Chief Financial Officer of Ravi Karunanayakes connected companies said that an amount of 145 million used to purchase the penthouse had no trace and was unaccounted for.