Business
Nations Trust Bank expands physical touchpoints with new cash deposits and withdrawal machines at Keells outlets
Nations Trust Bank, with the aim of expanding its seamless banking experience, upgraded three Cash Deposits and Withdrawal machines at Keells outlets in Akuregoda, Attidiya and Pita Kotte. These new additions to the Bank’s ATM network ensure a convenient banking experience for the customer with both cash deposits and withdrawals being paired with digital banking facilities.
The Cash Deposits and Withdrawal machine at the Keells Supermarket in Akuregoda was unveiled on the 19th of August 2022 by Lasith Nanayakkara, Chief Transformation and Information Security Officer at Nations Trust Bank and Akeel Muthaliph, Head of Revenue Planning at Keells while Kushlani Allis, Senior Vice President – Internal Audit at Nations Trust Bank and Thilini Kadigamuwage, Retail Manager at Keells inaugurated the machine in Attidiya on the 08th of August 2022. The machine at Pita Kotte was launched on 04th of August 2022 by Ramanika Unamboowe, Executive Vice President – Human Resources at Nations Trust Bank and Ravindu Madumal, Regional Manager at Keells.
“At Nations Trust Bank, our customer’s needs are at the center of everything we do, and we seek every opportunity to make their day-to-day life easier. The installation of new Cash Deposits and Withdrawal machines at these three locations has allowed us to expand our physical touchpoints, while seamlessly connecting our customers with our digital banking capabilities. Keells is one of the pioneering and recognized supermarket chains in the country, and this partnership will further enable opportunities for us to keep expanding our footprint to meet the needs of our customers.” said Randil Boteju, Senior Vice President, Acquisition & Digital Banking of Nations Trust Bank.
Nations Trust Bank’s latest Cash Deposits and Withdrawal machines are uniquely designed and connect its digital banking capabilities to offer a hassle-free service. The cash dispense module is paired with IoT (Internet of Things) solutions that allow customers to take advantage of a range of digital banking services. The self-service features enable customers to save their favourite transaction that they frequently engage in or to choose the exact bill mix for their needs to receive the exact denomination of cash notes they chose. In addition, ample parking spaces available at the Akuregoda, Attidiya and Pita Kotte Keells premises provide customers with easy to the ATM services.
With the addition of the Akuregoda, Attidiya and Pita Kotte machines, the Bank currently has five of these latest Cash Deposits and Withdrawal machines installed across various Keells outlets. Nations Trust Bank plans to continue its partnership with Keells, one of the largest supermarket chains in Sri Lanka, to keep extending its digital banking services at selected locations across the country.
Business
DevPro and WCIC come together to accelerate women’s economic empowerment in Sri Lanka
DevPro and Women’s Chamber of Industry and Commerce (WCIC) signed a formal partnership on Wednesday, 28th January to collaborate in promoting women’s economic empowerment and inclusion in Sri Lanka.
DevPro builds on 30 years of OXFAMs legacy in Sri Lanka and works towards Inclusive Economic Development leveraging expertise in inclusive and climate-resilient market systems and enterprise development and innovation. DevPro’s work is guided by the core values of gender justice, inclusivity and community-led development. Through its recent projects, DevPro has supported over 270 women-led MSMEs, across agriculture, handloom, and tourism-related value chains in five provinces in Sri Lanka through a mix of interventions combining skills development, enterprise strengthening, market linkages, and gender-sensitive community engagement to improve income, resilience, and economic participation.
WCIC is the first women-only trade chamber in the world, dedicated to empowering women entrepreneurs and women-led MSMEs in Sri Lanka through skills-building, business advisory services, networking etc. Among its many initiatives, WCIC’s flagship annual event, “Prathibhabhisheka” – Women’s Entrepreneurs Awards has empowered many women owned and women-led businesses in Sri Lanka to enhance their business resilience and competitiveness through improved governance processes, financial health, market recognition and global expansion.
Through this partnership, both DevPro and WCIC, will leverage their collective expertise, networks and resources to advance women’s economic empowerment and inclusion through projects, capacity building, research and policy advocacy focused on women entrepreneurship development, innovative business models, sustainability certification and credentials, export readiness and market integration and financial literacy and inclusion.
The MoU was signed by Gayani de Alwis, Chairperson of WCIC and Chamindry Saparamadu, Executive Director of DevPro in the presence of senior members of both teams.
Business
FRELLA launches world class wellness products locally with Baurs & Co.
FRELLA, Sri Lankan-born and internationally-respected natural beauty and wellness brand, is setting the stage to expand operations by entering the Sri Lankan retail market. As the country’s only dedicated wellness company operating at an international scale, this move marks a new chapter for a brand with a growing global presence that has already earned the trust of luxury hotels and international customers.
For over seven years, FRELLA has emerged as Sri Lanka’s leading wellness brand, serving clients and partners across more than 15 international markets. The brand’s entry into the Sri Lankan retail market marks a significant milestone, allowing local consumers to access globally respected wellness products developed from the island’s own healing traditions. This retail expansion is supported through a strategic partnership with Baurs, a trusted 170-year-old Swedish multinational company, ensuring sophisticated distribution and access aligned with international retail standards.
FRELLA is rooted in Sri Lanka’s ancient healing traditions and inspired by centuries-old Ayurvedic wisdom. All FRELLA products are specially designed as holistic wellness solutions for the body, skin, hair, and soul, and focuses on providing nourishment, balance, and healthy aging through refined, modern wellness systems.
Business
Writer Business Services enters Sri Lanka to partner with institutions to provide information management and payments solutions
Writer Corporation, one of India’s leading business groups, announced the launch of its subsidiary, Writer Business Services Pvt. Ltd., and the commencement of its operations in Sri Lanka. The expansion reflects Sri Lanka’s strategic importance in Writer’s regional growth plans and its role in supporting a highly regulated digital and financial services market which is currently undergoing digital transformation.
Sri Lanka’s continued focus on strengthening regulatory frameworks, digital platforms, and financial systems is shaping how institutions across banking, government, and enterprise sectors approach their business operations. There is a clear emphasis on secure, compliant, and resilient information and transaction environments that can scale with regulatory and business needs. Writer’s entry into Sri Lanka aligns with this direction, bringing global experience and a partnership-led approach to the market.
As part of its launch, Writer will establish a secure records and information storage facility in Seeduwa, Colombo. Designed to meet global standards for security, compliance, and disaster resilience, the facility will support banks, financial institutions, government bodies, and large enterprises in managing physical and digital information across its lifecycle.
Alongside information management, Writer brings established expertise in integrated payment services to support the modernization of transaction infrastructure across the banking and financial services sector. Its payments capabilities focus on strengthening availability, transaction continuity, and transparency across critical payment channels that underpin institutional reliability and customer confidence.
Writer’s digital payments offerings in Sri Lanka include end-to-end ATM and self-service terminal outsourcing, integrated channel ownership and managed services, field management applications, payment and reconciliation platforms, and remote monitoring with near real-time reporting. These solutions support financial institutions in improving uptime, strengthening governance, and enhancing operational efficiency across payment networks, in line with the continued evolution of electronic and automated payment systems.
Across information management and payments, Writer operates with an integrated portfolio spanning records and information management, business process outsourcing, cloud and digital services, data privacy, cybersecurity and enterprise payments infrastructure. These capabilities support institutions in addressing evolving regulatory requirements, digitization of legacy environments, and rising operational and cyber risks.
Writer’s local presence enables closer collaboration with clients and on-ground delivery, while supporting the development of Centres of Excellence across cybersecurity operations, SOC and NOC services, AI-led solutions, and payments operations and monitoring.
Writer’s Sri Lanka operations will be built, led, and run by Sri Lankan professionals, reflecting a long-term commitment to local talent growth and development.
Commenting on this development, Satyamohan Yanambaka, CEO, Writer Global Services Pvt. Ltd., assured Writer’s long-term commitment to the country’s digital ambitions. He said, “Writer’s entry into Sri Lanka reflects our belief that digital ambition in regulated environments must be supported by trust, sound governance, and strong execution. As institutions scale digital services, the reliability of information and payment systems, channel operations, and governance frameworks becomes increasingly important to public and institutional confidence. Our experience across information management, digital transformation, and enterprise payments enables us to support secure, large-scale financial ecosystems, with a clear commitment to building and leading these capabilities locally.”
Sri Lanka’s Digital Personal Data Protection framework raises expectations around how personal and sensitive information is secured and governed.
-
Business4 days agoComBank, UnionPay launch SplendorPlus Card for travelers to China
-
Business5 days agoComBank advances ForwardTogether agenda with event on sustainable business transformation
-
Opinion5 days agoConference “Microfinance and Credit Regulatory Authority Bill: Neither Here, Nor There”
-
Business1 day agoClimate risks, poverty, and recovery financing in focus at CEPA policy panel
-
Opinion4 days agoLuck knocks at your door every day
-
Business6 days agoDialog Brings the ICC Men’s T20 Cricket World Cup 2026 Closer to Sri Lankans
-
News5 days agoRising climate risks and poverty in focus at CEPA policy panel tomorrow at Open University
-
Business1 day agoBourse positively impacted by CBSL policy rate stance
