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NDB Wealth calls for social and financial responsibility

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A financially stable and secure society can help its younger generation to achieve greater heights

Expert financial planner NDB Wealth Management encourages individuals and businesses to focus on how being socially responsible is equally important as being financially responsible.

Given that the nation and world at large are facing turbulent and challenging times due to the pandemic situation, as a responsible corporate citizen NDB Wealth Management is specially focusing on the safety and well-being of their valuable investors.

“It is our duty and moral obligation to conduct ourselves in a socially responsible manner especially due to the current pandemic situation. Each one of us has a role to play to support and advocate for social responsibility by which we can encourage those near and dear as well as our communities to follow proper health guidelines bearing in mind not only our best interests but those of society as a whole,” commented Prabodha Samarasekera, CEO of NDB Wealth Management.

Through united efforts, society can combat the COVID virus and prevent it from spreading exponentially through the best practices of washing hands and proper sanitization, maintaining social distancing at all times, strictly adhering to the guidelines stipulated by the health officials and restricting our movements and avoiding large group gatherings unnecessarily.

Whilst working towards being socially responsible, each one has to also work towards being financially responsible. Financial responsibility is an essential and core area requiring attention by many. Being able to financially support oneself without burdening others or reducing dependency on society including governing institutions and other authorities should be a key focus and aim among individuals and businesses alike. NDB Wealth Management through their expertise and experience can help individuals and businesses plan and prepare for financial growth despite unexpected situations.

Outlining a few techniques on financial responsibility, Prabodha stated, “Stabilizing your income through employment and business ventures, setting achievable financial goals and educating yourself on financial matters are a few topics worthy of consideration. Especially for the younger generations, the aspiration to be financially stable and secure can propel them to achieve greater heights.”

“However not everyone is financially savvy and added efforts should be taken to be updated on the financial schemes available. A good budgeting practice will also help to maintain the income and expenditure while enabling individuals to initiate savings and avoiding unnecessary, expensive debt. It’s important to understand the importance of financial planning and to have a good idea on how you can allow your earnings to bring benefits for you in the future. At NDB Wealth we offer an array of plans to help one prepare for the future. The Growth & Income Fund, Money Plus Fund, and Retirement savings plans are such options that are readily available,” elaborated Prabodha.



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Ceylinco Life agent among three global finalists for award

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Ceylinco Life’s Ambalantota branch agent AIP Manjula

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.

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CEAT Kelani retains AA+ rating for sixth year

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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.

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Commercial Bank leads nationwide aquatic clean-up drive

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Sanath Manatunge, Managing Director/CEO of Commercial Bank and some of the Bank’s staff participating in the coastal cleanup programme

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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