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ComBank announces special concessions on foreign university payments

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The Commercial Bank of Ceylon has announced a series of attractive concessions for students making payments to foreign universities in the next three months.

The Bank said it would slash the initial telegraphic transfer (TT) charges by half for Sri Lankans opening new student files before 30 th November 2024, and reduce the interest rate by 0.5% for educational loans obtained before that date.

Students that choose Commercial Bank as their partner for overseas education payments would also be provided a UnionPay international debit card free of charge for hassle-free payments in their overseas destinations as part of this special promotion, the Bank said.

Additionally, such students would benefit from simplified and expedited procedures and the Bank’s strong network of international correspondent banks.

The Bank said it was perfectly positioned to provide simple, borderless transfers of funds, making it the ideal partner to facilitate overseas education.

One of the Bank’s payment card partners, UnionPay International (UPI) has enabled card acceptance in 181 countries and regions in partnership with more than 2,500 institutions worldwide, and provides high quality, cost effective and secure cross-border payment services to the world's largest cardholder base.

Commercial Bank offers education loan facilities with flexible terms, for both employed and unemployed students who are pursuing local and foreign education. These loans come with a longer repayment period and attractive interest rates. Additionally, students are eligible to enjoy a grace period of two years to service only the interest, before commencing the capital repayments of the loan facility.

Commercial Bank is the largest private sector bank in Sri Lanka and the first Sri Lankan bank to be listed among the Top 1000 Banks of the World. The Bank is a leader in digital innovation in the country’s banking sector, operates a strategically-located network of branches and 966 automated machines island-wide, and has the widest international footprint among Sri Lankan banks, with 20 outlets in Bangladesh, a microfinance company in Myanmar, and a fully-fledged Tier I bank in the Maldives.



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Let us dispel the roots of greed, hatred, and delusion, and transform our lives into a nobel period that brings peace and serenity – PM

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Prime Minister Dr Harini Amarasuriya in her Vesak day message called upon all Sri Lankans to dispel the roots of greed, hatred, and delusion, and transform their lives into a nobel period that brings peace and serenity

The Prime Ministers Vesak day message:

“It is an honor to extend Vesak day felicitations to all citizens of the nation during this sacred period in which lives are shaped in accordance with the noble teachings preached by  Lord Buddha, and upholding the practice of Dhamma.

Just as the external world is illuminated by lanterns, this Vesak season should also be an opportunity to illuminate our own hearts with compassion, kindness, and wisdom. Let us dispel the roots of greed, hatred, and delusion, and transform our lives into a nobel period that brings peace and serenity.

“abhittharetha kal‍yāṇē” – Let us hasten towards the common good. The theme for this year’s State Vesak festival reflects the social needs of the present time. While eliminating narrow beliefs and mindsets, this Vesak festival should become a source of blessings and strength for us to build a nation dedicated to the common good and radiant with the values of the Dhamma.

Followed by the guidance of the Mahanayake Theros and the All Island Sasanarakshaka Mandalaya, I extend wishes for the State Vesak Festival, jointly organized by the Ministry of Buddhasasana, Religious and Cultural Affairs and the Ministry of Public Administration, Home Affairs, Provincial Councils and Local Government.

Through the deep bond that exists between the state and” Buddhism, the progress and prosperity of the country can be achieved through righteous governance. It is essential that we cultivate the patience needed to overcome the economic and social challenges we face as a nation, founded on the noble ideal of “May all beings be well, happy and at peace” where justice is ensured for all regardless of caste, race, or religion.

I respectfully invite all of you to join in celebrating an environmentally conscious and nature-friendly Vesak, walking the Middle Path. Let us move forward together towards a society grounded in principled conduct.

May everyone be blessed with a peaceful and meritorious Vesak!

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Prime Minister and United Nations Resident Coordinator discuss post-Ditwah recovery and humanitarian cooperation

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Prime Minister Dr. Harini Amarasuriya met with the United Nations Resident Coordinator in Sri Lanka,  Marc-André Franche, at Temple Trees on Friday  (29 May) to discuss post-Cyclone Ditwah recovery efforts and continued humanitarian cooperation between Sri Lanka and the United Nations.

Particular attention was drawn to the Humanitarian Priority Plan (HPP), launched in December 2025 to support communities affected by the cyclone. The initiative concluded on 30 April 2026 after providing humanitarian assistance to vulnerable populations across 25 districts through the collective efforts of 81 partner organizations.

The discussions highlighted the Government recognized the substantial international support mobilized through the HPP and noted the importance of sustained collaboration to ensure that recovery gains are maintained.

During the discussion the United Nations delegation formally presented the latest SRI LANKA Cyclone Ditwah Situation Report  to the Prime Minister.

(Prime Minister’s Media Division)

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Further embrace the values of Buddhism founded upon non-violence, compassion and boundless loving-kindness towards all living beings – President

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President Anura Kumara Dissanayake in his Vesak day message called upon all Sri Lankans to further embrace in their lives the values of Buddhism founded upon non-violence, compassion and boundless loving-kindness towards all living beings.

The full text of the  Presidents message:

The Vesak festival, which commemorates the three pivotal milestones in the life of Lord Buddha: his birth, his attainment of enlightenment, and his passing (Nirvana), is the most sacred celebration for Buddhists across the world. The people of Sri Lanka, heirs to a proud culture enriched by Buddhist heritage, join Buddhists worldwide in devoutly observing this noble occasion.

Buddhism is the greatest philosophical teaching to have conveyed to the entire world a timeless and practical message of peace. The entirety of the Dhamma preached by the Gautama Buddha is founded upon the Four Sublime Virtues of loving-kindness, compassion, empathetic joy and equanimity.

Furthermore, peace, coexistence and reconciliation constitute the supreme teachings expounded not only by the Buddha but also by all enlightened teachers. Buddhism teaches that, in order to establish peace in the external world, inner spiritual peace within the individual must first be secured. We must recognise that this inward and peaceful approach, as advocated by Buddhism in guiding society towards collective noble objectives, is more relevant today than ever before. I believe that this was also the message brought to Sri Lanka recently by the Vietnamese monk Venerable Pannakara Thero, who undertook a pilgrimage on foot across the country.

Moreover, the celebration of Vesak is not merely a religious observance, but also a magnificent cultural festival that has, for thousands of years, reflected Sri Lankan identity, solidarity and artistic creativity. It is indisputable that the programmes organised alongside Vesak celebrations, giving prominence to acts of religious observance such as almsgiving, the observance of sil, meditation and Dhamma sermons, as well as the devotional offerings and festivities including dansals, Buddhist devotional songs, beautifully crafted lanterns and splendid pandals, greatly contribute towards fostering mutual understanding, reconciliation and coexistence among communities.

Inviting all people to further embrace in their lives the values of Buddhism founded upon non-violence, compassion and boundless loving-kindness towards all living beings, I extend my heartfelt wishes for a blessed Vesak festival in which all hearts may find peace, comfort and serenity through the soothing grace of the Dhamma.

 

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