Business
ComBank breaks new ground with women-only ‘Anagi’ Credit Cards
A Credit Card exclusively for women has been launched by the Commercial Bank of Ceylon, giving new expression to its commitment to the empowerment of this customer segment.
The latest addition to the Bank’s ‘Anagi Women’s Banking’ portfolio, the ‘Anagi’ branded Near-field Communication (NFC) enabled Credit Card from Mastercard will be issued in the Gold and Platinum tiers with a host of special benefits, the Bank said.
The Bank has announced it will waive the joining fee as well as the annual fee for the first year. Anagi Credit Card holders are also entitled to issue supplementary cards to their spouses or immediate family members with a 50% discount on the annual fee of the supplementary card. Additionally, a 50% cash back of up to Rs 1,000 will be granted on the first transaction carried out by each card.
Holders of Anagi Credit Cards will also be eligible for Max Loyalty points on transactions above the value of Rs 500 on Gold cards and above Rs 600 on Platinum cards, access to exclusive discounts and special offers throughout the year, and benefits from annual promotions connected with special days such as International Women’s Day and Mother’s Day, the Bank said.
It said Anagi Credit Card customers would be eligible for concessionary Gold Loans as well.
Commenting on this latest initiative under the Anagi Women’s Banking banner, Commercial Bank’s Deputy General Manager – Marketing Mr Hasrath Munasinghe said: “The Anagi Credit Card represents more than a collection of benefits. It symbolizes the Bank’s continuing and consistently growing commitment to a special customer segment of vital socio-economic importance to our country. The Bank is committed to empower and further assist this important segment through many more such initiatives that will include a holistic array of products and services as well as a diverse range of non-financial benefits.”
Commercial Bank’s ‘Anagi Women’s Banking’ portfolio was designed in collaboration with the International Finance Corporation (IFC) – under the IFC-DFAT Women in Work program – using its expertise in increasing access to finance for women – an important but under-served segment. The portfolio comprises of the ‘Anagi Women’s Savings Account’ and the ‘Anagi Business Loan for Women Small and Medium Entrepreneurs (WSME)’ and the Bank has pledged to introduce many more new products and services in the future. The Bank offers a free Debit Card with all Anagi Savings Accounts.
The Anagi brand name was first used by Commercial Bank with a Women’s Savings Account launched in 2012 with the intention of influencing Sri Lankan women to build their financial stability by empowering them with features such as a higher interest rate over regular savings accounts and zero restrictions on withdrawals. Accountholders are offered a branded ‘Members Only’ passbook and an Anagi shopping Debit Card with exciting year-long promotions.
The Anagi Business Loan for Women Small and Medium Entrepreneurs provides female entrepreneurs with loans for working capital or investment purposes. Available exclusively for female business owners and businesses with female business partners or directors, this scheme enables applicants to receive loans from Rs 2 million to Rs 250 million at competitive interest rates and with flexible grace periods.
Business
Ceylinco Life agent among three global finalists for award
Ceylinco Life’s Ambalantota branch agent AIP Manjula has been named one of three global finalists for the prestigious Insurance Agent of the Year award at the 11th Asia Trusted Life Agents & Advisers Awards (ATLAA) 2026.
The recognition places a Sri Lankan insurance professional among the finalists in a regional field spanning South Asia, Southeast Asia, East Asia and the wider Asia-Pacific region.
Ceylinco Life said the achievement reflected the calibre and customer-focused approach of its agency force, while recognising Manjula’s professionalism and commitment to policyholders.
The award evaluates insurance agents on criteria extending beyond sales performance, including ethical conduct, client service, policy persistency, digital adoption, innovative practices and contributions to the insurance industry and community.
The awards are organised by Asia Advisers Network and Asia Insurance Review, with LIMRA as co-organiser. An independent judging and balloting process is monitored by KPMG as the official scrutineer. The judging panel comprises senior insurance executives, association presidents and industry experts from across the Asia-Pacific region.
Business
CEAT Kelani retains AA+ rating for sixth year
CEAT Kelani Holdings (CKH) has retained its National Long-Term Rating of ‘AA+(lka)’ with a Stable Outlook from Fitch Ratings for the sixth consecutive year, reflecting the company’s financial resilience and leading position in Sri Lanka’s pneumatic tyre market.
The ‘AA+(lka)’ rating, the second-highest on Fitch’s national scale, indicates a very strong capacity to meet financial commitments.
Fitch said CKH’s established market leadership and resilient financial profile remained key strengths, while noting its exposure to price-sensitive, cyclical and highly competitive markets.
The Stable Outlook reflects expectations that the company will maintain its market position despite rising input costs and increasing competition from imported tyres, while preserving adequate credit metrics during periods of weaker earnings and higher investment.
Fitch expects CKH’s established brand, extensive dealer network and adaptive pricing strategies to support its market position. Planned production facility upgrades are also expected to improve product quality, particularly in the radial tyre segment.
The rating agency expects near-term pressure on margins from higher raw material and energy costs but said the company’s low leverage and sound liquidity would provide a cushion.
CKH Chairman Chanaka De Silva said the rating reinforced the company’s focus on disciplined financial management, operational adaptability and long-term investment.
Business
Commercial Bank leads nationwide aquatic clean-up drive
Commercial Bank of Ceylon mobilised employees, customers, volunteers and community members for a nationwide coastal and aquatic clean-up campaign across 20 locations on September 19 to mark International Coastal Cleanup Day 2026.
Conducted under the bank’s sustainability platform, themed ‘Forward Together for a Cleaner Future’, the initiative covered 16 coastal locations and four inland waterways, bringing together stakeholders for a coordinated environmental conservation effort.
The flagship programme was held at Mount Lavinia Beach, with additional activities at Wellawatte and Galle Face beaches. Similar initiatives were conducted by the bank’s regional offices at locations including Kalutara, Negombo, Trincomalee, Batticaloa, Puttalam, Jaffna, Galle, Dondra, Tangalle and along the Mahaweli River.
Employees, management, Future Force volunteers, customers and their families participated alongside the Marine Environment Protection Authority (MEPA), United Nations Global Compact Network Sri Lanka, government and local authorities, environmental organisations and community members.
The bank said the initiative reflected its commitment to water stewardship after adopting Sustainable Development Goal 6 — Clean Water and Sanitation — as a priority goal in 2025.
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