Commercial Bank of Ceylon PLC (CBC) also known as ComBank is a licensed commercial bank in Sri Lanka and its ownership is private. It was incorporated as a public limited company and it is listed on the Colombo Stock Exchange. It is regarded as the largest private bank in Sri Lanka in terms of net worth and capital. The bank is currently the third largest bank in Sri Lanka in terms of total net assets and it lies behind only Bank of Ceylon and People's Bank. It is also the only private sector licensed bank in Sri Lanka to be designated as the higher-tier domestic systemically important bank according to the Central Bank of Sri Lanka. The bank currently operates network of 268 branches and around 932 ATM machines across Sri Lanka.
North Western Province is a province of Sri Lanka. The province consists of the districts of Kurunegala and Puttalam. Its capital is Kurunegala, which has a population of 28,571. The province is known mainly for its numerous coconut plantations. Other main towns in this province are Chilaw (24,712) and Puttalam (45,661), which are both small fishing towns. The majority of the population of Wayamba province is of Sinhalese ethnicity. There is also a substantial Sri Lankan Moor minority around Puttalam and Sri Lankan Tamils in Udappu and Munneswaram. Fishing, prawn farming and rubber tree plantations are other prominent industries of the region. The province has an area of 7,888 km2, and a population of 2,370,075.
Seylan Bank PLC is a publicly owned Commercial Bank in Sri Lanka. It has branches both in urban as well as rural areas of Sri Lanka. Seylan bank had 167 banking centres island wide, 3000 staff members, an ATM network of 205 units covering crucial locations, 9 branches providing 365 day banking in 2020. The bank was formed as a licensed commercial bank which was incorporated with a shareholder base.
HSBC Bank India, an Indian subsidiary of UK-based HSBC Holdings plc, is a bank with its operational head office in Mumbai. It is a foreign bank under the Banking Regulation Act, 1949 and thus is regulated by the Reserve Bank of India (RBI).
Sampath Bank PLC is a licensed commercial bank incorporated in Sri Lanka in 1987 with 229 branches and 373 ATMs island-wide. It has won the "Bank of the Year" award by "The Banker" of Financial Times Limited – London, for the second consecutive year and the "National Business Excellence Awards 2010". It has become the third largest private sector bank in Sri Lanka with Rs. 453 billion in deposits as of 30 June 2016.
Katugastota is a suburb of the city of Kandy in Kandy District, Central Province of Sri Lanka. It is located along the Kandy-Jaffna A9 highway approximately 4 km (2.5 mi) from the city center of Kandy. Katugastota is one of the three main entry points to the city of kandy. Two major Highways meet at the center of the city which makes Katugastota one of the busiest suburbs in Kandy district.
Ajit Jayaratne is former chairman of the Colombo Stock Exchange, the Finance Commission of Sri Lanka and of the Ceylon Chamber of Commerce.
Deshamanya Dr. Tissaweera Nihal Jinasena is a Sri Lankan industrialist and sportsman. He is currently the Chairman of Lalin Michael Jinasena & Co. and the former Chairman of Loadstar(PVT) Limited, which was the largest export company in Sri Lanka.
The National Development Bank PLC is a Sri Lankan banking and financial services institution, headquartered in Colombo, Sri Lanka. Having begun operations as a state-owned development finance institution in 1979. In January 1979,the predecessor of National Development Bank PLC was set up by National Development Bank of Sri Lanka Act No 2 of 1979 as “National Development Bank of Sri Lanka”, as a wholly state owned institution. Following a change of ownership structure in 1993 where NDB was privatized and listed on the Colombo Stock Exchange.
LankaClear is the largest payments infrastructure provider in Sri Lanka. Established in February 2002, the organization is owned by the Central Bank of Sri Lanka (CBSL) and all CBSL-licensed commercial banks in the country. LankaClear is the operator of LankaPay, the country's largest interbank payment network.
Cargills Bank Limited is a licensed commercial bank in Sri Lanka. It received its license from Central Bank of Sri Lanka to operate domestic and offshore banking business on 21 January 2014 and was ceremonially opened on 30 June 2014. At present the bank consists of 17 branches island-wide with the head office based in Kollupitiya.
Union Bank of Colombo PLC, commonly referred to as UBC, is a commercial bank in Sri Lanka. It is licensed by the Central Bank of Sri Lanka, the central bank and national banking regulator.
The Sagasolar Power Station is a solar photovoltaic power station built next to the Hambantota Solar Power Station, in Hambantota, Sri Lanka. The solar farm is owned and developed by Sagasolar, a joint venture between LOLC Group and Faber Capital Limited, with 70% debt funded by DFCC Bank, Commercial Bank of Ceylon, and Hatton National Bank. The 10-megawatt facility is expected to generate approximately 19GWh annually for at least 25 years.
Parate execution also known as Parate executie also simply known as the Parate is a practical foreclosure procedural law which allows the sale of mortgaged properties without going through legal and formal court proceedings. Hence this procedure is known as a non-court procedure. This execution has been popularly executed in Sri Lanka and has been vital in the country's law. Parate execution can be executed only by the licensed commercial banks of Sri Lanka which are governed by the Banking Act no 30 of 1988. The purpose of the procedure is to help the banking sector to recover the loans in the event of default.
LOLC Holdings PLC is a Sri Lankan conglomerate listed on the Colombo Stock Exchange (CSE). Originally starting as a non-banking financial company LOLC has grown into one of largest Sri Lankan conglomerates involved in many sectors and subsidiaries in several countries although it is still mainly involved in the financial sector.
