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Sampath Bank leads Rs 33.5Bn syndicated loan facility for Ceylon Electricity Board

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From left to right: Nihal Fernando, Finance Manager (SM&BSO) – CEB, Wasantha Edussuriya, General Manager – CEB, Asanka Palamakumbura, Director – CEB, Saliya Jayasekera, Vice Chairman – CEB, Sanjaya Gunawardana, Managing Director & Chief Executive Officer – Sampath Bank, Lakshan Wanniarachchi, Vice President – Structured Finance and Institutional Banking – Nations Trust Bank, Gayanath De Silva, Deputy General Manager – Credit – Pan Asia Bank, Kusal De Silva, Assistant General Manager Corporate Finance – Sampath Bank.

Sampath Bank has successfully led a landmark syndicated loan of Rs. 33.5 billion for the Ceylon Electricity Board (CEB), together with Nations Trust Bank and Pan Asia Bank. This significant funding facility will cushion the debt restructure of CEB and support its ongoing operations, ensuring the continued delivery of reliable power to the nation.

The syndicated loan highlights the collective strength of Sri Lanka’s banking sector in supporting nationally important institutions. By taking the lead role in this initiative, Sampath Bank reaffirms its commitment to promoting sustainable growth and contributing to the country’s long-term economic development. (Sampath Bank)



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JXG’s Wasanthi Stephen makes history as the first female recipient of the CIPM Sri Lanka Lifetime Gold Award

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JXG (Janashakthi Group) celebrates Wasanthi Stephen, Group Chief Human Resources Officer, on becoming the first female recipient of the prestigious CIPM-Baurs Lifetime Gold Award 2026 from the Chartered Institute of Personnel Management (CIPM) Sri Lanka .

JXG (Janashakthi Group) celebrates Wasanthi Stephen, Group Chief Human Resources Officer, on becoming the first female recipient of the prestigious CIPM-Baurs Lifetime Gold Award 2026 from the Chartered Institute of Personnel Management (CIPM) Sri Lanka since the award’s inception. Presented on 14 October 2026, at the opening of the National Human Resource Conference (NHRC) 2026 at Monarch Imperial, Kotte, the award marks a historic milestone for Sri Lanka’s Human Resources profession and a proud moment for JXG.

The highest individual recognition in Sri Lanka’s Human Resource Management sphere, the CIPM Sri Lanka Lifetime Gold Award celebrates individuals whose long-standing contributions have advanced the HR profession at organisational, national, and international levels. It recognises professional excellence, ethical leadership, transformational impact, and a sustained commitment to people and institutions.

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Dinemore joins the Dialog Pay Merchant ecosystem

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From left to right: Muditha Premarathne, Vice President, Digital Platforms and Partnerships, Dialog Axiata PLC; Shaheem Sadikeen, Director, Dinemore.

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has expanded the Dialog Pay merchant ecosystem through a new partnership with Dinemore, bringing secure LankaQR payments to customers across its network of 12 restaurants. Customers can now use Dialog Pay when enjoying Dinemore’s wide range of meals, while receiving complimentary Dialog data on eligible LankaQR transactions.

From quick meals during a busy day to dining with family and friends, customers can use Dialog Pay for a secure and convenient way to pay at Dinemore restaurants. By adding another digital payment option, the partnership brings greater flexibility to the everyday dining experience while complementing Dinemore’s longstanding focus on serving accessible and enjoyable meals to customers.

Shaheem Sadikeen, Director of Dinemore, said, “For many years, Dinemore has been part of the everyday dining experiences of Sri Lankans, and staying relevant means continuing to evolve alongside our customers. Partnering with Dialog Pay is part of that journey, bringing greater digital convenience and added value to the way customers dine with us. We are pleased to work with Dialog in embracing solutions that enhance the experience our customers have come to know and enjoy.”

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Sarvodaya Development Finance expands regional footprint to improve access to financial services

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Sarvodaya Development Finance PLC (SDF), a financial services provider in Sri Lanka, has further strengthened its regional presence with the opening of a new branch in Kantale and the relocation of its existing Dehiattakandiya branch to a new premises. These developments mark another step in the company’s ongoing efforts to enhance customer convenience, improve accessibility to financial services, and strengthen its commitment to serving communities across the country.

The new Kantale branch was officially opened on 15 October 2026 at 10.30 a.m. at No. 88/1/A, Main Street, Kantale. The opening ceremony was attended by the Chairman / Directors, Chief Executive Officer, and members of the management team of Sarvodaya Development Finance. The establishment of this new branch is aimed at providing residents of Kantale and surrounding areas with greater convenience and improved access to financial services, while strengthening the company’s presence in the region.

Meanwhile, as part of its continued focus on enhancing customer convenience and service accessibility, Sarvodaya Development Finance relocated its Dehiattakandiya branch to a new premises on 14 October 2026, commencing operations at 10.00 a.m. Previously located at No. 62/1E, New Town, Dehiattakandiya, the branch now operates from No. 29/G, New Town, Dehiattakandiya. The relocation is intended to provide existing and prospective customers in the area with more convenient access to the company’s financial services.

Through these developments, Sarvodaya Development Finance aims to strengthen its engagement with local communities, including farmers, small and medium-sized entrepreneurs, local businesses, and individual customers in Kantale, Dehiattakandiya, and surrounding areas. By improving access to formal financial services, the company seeks to support the financial needs of these communities and contribute to their economic activities.

Understanding and responding to evolving customer needs remains a key priority for Sarvodaya Development Finance. The company continues to focus on delivering accessible, reliable, and customer-centric financial services through improvements to its branch network and service delivery capabilities. Such initiatives reflect its broader commitment to building stronger relationships with customers while ensuring that financial services remain accessible to communities beyond major urban centres.

The opening of the Kantale branch and the relocation of the Dehiattakandiya branch further demonstrate Sarvodaya Development Finance’s continued commitment to customer-focused service delivery, promoting financial inclusion, and supporting the economic needs of regional communities across Sri Lanka.

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