Connect with us

Business

SDB bank marks 25 years with network wide events

Published

on

To mark its 25th Anniversary, SDB bank, one of the key players in Sri Lanka’s SME-banking landscape, conducted a number of events across its branch network, in line with its values and future vision. While SDB bank remains fundamentally true to its founding principles to date, its ethos and purpose have grown and evolved over time. Today, SDB bank has emerged as a futuristic, value-based, tech savvy and contemporary bank with a key strategic focus on the areas of SME Development, Women’s Empowerment and Digital Inclusion.

To commemorate the historic milestone of 25 years of service, SDB bank conducted several activities. Most notably, in scaling positive climate action, SDB bank inaugurated a large-scale ecosystem restoration initiative with a pilot project launched in Dewahandiya East Village in Ududumbara to restore 25 hectares of degraded land (where tobacco had been previously grown), adjoining the Victoria-Randenigala-Rantembe (VRR) Sanctuary. This pilot project will support 90 families to adapt to the effects of climate change, helping them to diversify their income by growing meat substitutes such as jackfruit and 09 other herbal/superfoods including Bael Fruit and Indian Gooseberry.

The project is being implemented through a multi-stakeholder participatory model involving the community, relevant state agencies, including the Department of Wildlife Conservation, Forest Department, Central Province Department of Agriculture and Department of Export Agriculture, while technical guidance for the project is being provided by partners such as the IUCN and SLYCAN Trust. The first planting of the pilot project took place on the 24th of August 2022. The Lalith U Gamage, Governor of Central Province, was the Chief Guest at the event, while Chairperson of SDB bank, Dinithi Ratnayake, Members of the Bank’s Board of Directors, Acting CEO of SDB bank, Niranjan Thangarajah and members of the Executive Management team of SDB bank were also in attendance, along with representatives of the project’s key stakeholder groups.

Moving beyond the milestone of 25 years, SDB bank is strongly positioned, financially, and in terms of expertise, experience and other resources, to sustainably fuel economic development in Sri Lanka, with a keen focus on the SME sector. SDB bank has joined hands with prestigious global financiers and organizations that share its vision for an empowered and equitable society. In the present environment, creating new economic opportunities for all Sri Lankans and supporting export-oriented businesses, along with businesses that create value for Sri Lanka, are focus areas for the Bank. Working together with like-minded partners, SDB bank is moving to further its goal and vision to develop Sri Lanka’s SME sector, with a focus on female entrepreneurship.



Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

People’s Bank drives push towards cash-lite economy

Published

on

Marking a significant milestone in Sri Lanka’s digital transformation journey, the National QR Payment Adoption Programme was recently launched with the objective of accelerating the country’s transition towards a cash-lite economy. The initiative aims to reduce reliance on physical currency by promoting the widespread use of QR-based digital payments, enabling individuals and businesses to conduct fast, secure and convenient transactions via mobile devices, said a release from the People’s Bank.

It said: As a leader in digital banking, People’s Bank proudly aligns with this landmark national initiative, reinforcing its commitment to building a digitally empowered economy. The Bank supports the programme through its flagship digital wallet “People’s Pay”, which offers a seamless platform for QR-based transactions and a range of everyday financial services.

In line with the programme’s objectives, customers can perform QR transactions without incurring additional charges, while merchants benefit from zero fees on transactions up to Rs. 5,000. To further encourage adoption, valuable gifts will be awarded to selected winners among LANKAQR users, enhancing engagement and promoting digital payment usage across the country.

People’s Bank’s participation reflects its ongoing digital transformation strategy, which has evolved beyond traditional online banking to deliver an integrated, lifestyle-oriented financial ecosystem. The Bank continues to set industry benchmarks by offering secure, efficient and user-friendly digital platforms, ensuring customers have uninterrupted access to banking services anytime, anywhere.

At the heart of this initiative is People’s Pay, a sophisticated digital wallet designed to streamline everyday financial transactions while catering to the evolving needs of the modern consumer. The application features a seamless self-registration process, comprehensive tri-language support, and secure storage of payment details, ensuring both convenience and security for users.

In addition, the People’s Pay app enables customers to make real-time bill payments and QR-based transactions with exceptional ease and efficiency. The facility to link multiple bank accounts further enhances flexibility and convenience, while the transaction limit provides users with greater financial control and improved security.

In a strategic move to bolster the national QR adoption program, the People’s Pay app now facilitates Peer-to-Peer (P2P) QR transfers. This functionality allows users to generate both static and dynamic QR codes, enabling efficient transactions without the need to disclose sensitive account information.

The National QR Payment Adoption Programme represents a critical step in advancing Sri Lanka’s digital payments landscape. By fostering fast, secure and transparent transaction methods, the initiative aims to ensure inclusive participation in the digital economy, empowering citizens across all regions and communities.

Continue Reading

Business

ANC Campus and Adelaide University launch new Australian study pathway for Lankan students

Published

on

ANC Campus has announced the launch of a formal articulation partnership with Adelaide University at Cinnamon Lakeside, Colombo, creating a clear progression pathway for Sri Lankan students seeking an Australian university degree.

Through this pathway, students can begin their university-level studies at ANC Campus in Sri Lanka before progressing to Adelaide University in Australia, subject to the relevant academic, English language, and entry requirements. By completing the first year through ANC’s Australian Diploma pathway in Sri Lanka, students can significantly reduce the overall cost of their Australian education journey, with estimated first-year savings of up to LKR 13 million when tuition and living expenses are considered.

The launch was attended by representatives of ANC Campus, Adelaide University, and the Australian Trade and Investment Commission (Austrade), alongside members of the media, students, parents, and invited guests. Austrade’s presence highlighted the continued importance of Australia-Sri Lanka education links.

Speaking at the launch, Dayan D. L. Fernando, Chief Executive Officer of ANC Campus, said the partnership gives Sri Lankan students a credible and well-supported route into Australian higher education.

“For over two decades, ANC has worked with international university partners to help Sri Lankan students begin their global education journey with the right academic preparation and guidance. This partnership with Adelaide University gives students a clearer route to an Australian degree and gives parents greater confidence in the pathway their children are choosing,” he said.

Fernando added that international education is one of the most important decisions a family makes, and proper guidance is essential.

“At ANC, our responsibility is to guide students correctly. We must help them understand the pathway, the requirements, the destination, and the opportunities ahead. ANC prepares students for the highest likelihood of success.

Continue Reading

Business

Union Assurance honours new batch of certified financial advisers

Published

on

Union Assurance PLC, Sri Lanka’s longest-standing private Life Insurer, recently hosted the SLIM Certified Financial Adviser Graduation Ceremony at its Head Office premises, recognising 38 professionals who successfully completed the programme, a milestone that reflects the company’s focus on building a highly capable and accredited sales force.

The Certified Financial Adviser programme, delivered in partnership with the Sri Lanka Institute of Marketing (SLIM), the National Body of Marketing in Sri Lanka, which was designed to elevate the expertise of the company’s high performing adviser force. Spanning 11 comprehensive modules covering areas such as Advanced Consultative Selling Skills, Negotiation Mastery, Digital Prospecting Techniques, and Emotional Resilience in Sales, participants underwent a rigorous learning journey that concluded with a formal assignment, bringing the full cohort to completion.

The programme reflects Union Assurance’s commitment to ensuring its advisers are positioned to serve customers with confidence, credibility, and genuine understanding of their needs; values that are central to the company’s purpose of protecting what matters most. The SLIM qualification also opens a structured educational pathway for graduates, with opportunities to advance through further nationally recognised certifications.

Speaking at the ceremony, Chief Agency Officer at Union Assurance, Imtiyaz Aniff stated: “We are pleased to recognise the dedication of our people who committed to this programme alongside their core responsibilities. The SLIM certification equips our advisers with the skills and credentials to serve our customers at a higher standard, and that directly supports the quality of advice we deliver. We look forward to seeing this cohort carry forward what they have learned and continue to grow in their careers.”

Union Assurance is a subsidiary of John Keells Holdings PLC (JKH), the largest conglomerate listed on the Colombo Stock Exchange, operating with over 80 companies in 7 diverse industry sectors. The Company has completed nearly four decades of success with a Market Capitalisation of Rs. 45.6 Bn and a Life Fund of Rs. 92.8 Bn as of end December 2025. Set to protect lives and enrich the well-being of all Sri Lankans, Union Assurance offers Life Insurance solutions that cover the health, investment, protection, retirement and education needs of Sri Lankans. With an island-wide branch network and a workforce that is over 3000-strong, Union Assurance continues to invest in people, products and processes with a customer-centric focus to be responsive to emerging changes in the Life Insurance industry.

Continue Reading

Trending