Business
SDB bank relocates City Branch to Union Place, offering purpose-driven banking services for forward-thinking Sri Lankans
SDB bank, a unique bank with a clear vision to bolster the local economy by providing customized banking solutions to SMEs and all progressive Sri Lankans, recently relocated its flagship City Branch to a new facility at No.167, Union Place, Colombo 02. The new branch was officially declared open on the 19th of April 2023, amidst a grand opening ceremony graced by the Chairperson, Dinithi Ratnayake and SDB bank’s CEO, Priyantha Thalwatte, Members of the senior management, SDB bank customers, prominent business leaders and individuals.
The relocation of the SDB bank City Branch is a strategic move by the bank’s management to mark a stronger presence in a key geographical area with a stand-out facility equipped with improved facilities including ample parking facilities, ATM facilities etc.
The new flagship branch will be offering the bank’s wide range of products and services, including savings, fixed deposits, Business Banking, SME loans, pawning and leasing – all of which reflect the bank’s commitment to providing innovative and customer-centric banking solutions. Particularly, the bank’s savings product range offering the most competitive interest rates and other unique features has been a stand-out in the market. ‘Top Saver Plus’ for active savers and salaried employees, ‘SDB Business Saver’ for businesses, ‘SDB Lakdaru’ for children, SDB bank’s savings portfolio effectively covers all important customer segments, providing them with best in class benefits. Apart from the high-interest rates, daily interest calculation and flexibility for ‘Top Savers’, digital facilities for ‘Business Savers’ and free insurance cover for ‘Lakdaru Savers’ are some of such noteworthy benefits to be mentioned.
The new City Branch will also enable SDB bank to connect with high-net-worth clientele who share the same vision and values as the bank, rooting for the upliftment of entrepreneurship and thereby national economic development.
Commenting on the relocation of SDB bank’s City Branch, Dinesh Swarnage – Regional Manager- Western 1 at SDB bank said, “The relocation of the City Branch is a significant milestone as we reinvigorate the drive to service the financial needs of Colombo-based clientele with a strong focus on SME businesses. This branch offers convenience and customized services to progressive businesses and individuals who are seeking to actively contribute to the economic development of the country. City Branch’s unique design and facilities reflect our customer-centric approach, and we look forward to providing our customers with personalized banking that seamlessly combines conveniences with warm human experiences.”
With over 25 years of service in the Banking landscape in Sri Lanka, SDB bank is well-positioned to provide safe and trustworthy banking solutions to individuals and businesses. SDB bank is a licensed specialized bank regulated by the Central Bank of Sri Lanka, with a listing on the Main Board of the Colombo Stock Exchange and a Fitch Rating of BB + (Stable). The bank is committed to sustainable development and economic upliftment by supporting small and medium enterprises (SMEs), with a special focus on female entrepreneurship development. Alongside this, SDB bank is committed to incentivizing savings and fueling economic development in Sri Lanka, by providing more than simple financial services to the SME sector, through various workshops and skills development, entrepreneurship, mentorship and consultancy programs. Furthermore, SDB bank’s financing activities give preference to businesses and initiatives that take a sustainable approach, reflecting the bank’s commitment to environmental, social, and governance sustainability.
Business
Indian business leader urges SL entrepreneurs to tap into India’s rapidly expanding consumer market
By Sanath Nanayakkare
Speaking at the Sri Lanka Economic and Investment Summit 2026, T. Krishnakumar, Chief Executive Officer of Reliance Consumer Products Ltd (RCPL), emphasised that local enterprises can unlock substantial economic benefits by strategically aligning with India’s booming consumer base.
Addressing business leaders and policymakers at the Shangri-La Hotel in Colombo, Krishnakumar highlighted that geographical proximity and rich cultural ties provide a natural foundation for deeper commercial collaboration.
He noted that instead of viewing bilateral trade narrowly, regional partnerships should act as conduits to build robust, scalable enterprises capable of plugging into wide-reaching regional value chains.
“For Sri Lankan exporters dealing in traditional staples as well as value-added goods, accessing India’s rising middle class presents a phenomenal growth window,” he said.
Drawing insights from Reliance Consumer Products’ rapid expansion – which scaled efficiently to thousands of employees and multi-billion-dollar metrics – Krishnakumar stressed that modern corporate success relies on disciplined execution, localised consumer understanding, and smart technology integration.
Furthermore, he underscored that while rapid growth is critical, businesses must consistently anchor their models in affordability and consumer trust.
Concluding his address at the summit, the RCPL chief noted that pairing regional trade integration with resilient business practices and predictable regulatory frameworks will be vital as Sri Lanka transitions firmly toward accelerated economic development.
Addressing the Summit during a subsequent fireside chat, President Anura Kumara Dissanayake underscored that a core concern currently being targeted by the government is developing a critical mass of local entrepreneurs equipped to engage with international enterprise counterparts.
Business
SriLankan Airlines wins prestigious SATA 2026 Visitors’ Choice Award for Leading International Airline
SriLankan Airlines has once again been honoured with the prestigious Visitors’ Choice Award for Leading International Airline at the South Asian Travel Awards (SATA) 2026, reaffirming its continued recognition in the regional travel and tourism industry. The airline, which has received this award in previous years, was the only international airline to be recognised in this category at this year’s event. The 10th anniversary edition of the awards ceremony was held earlier this month at Hotel Barcelo Nasandhura in Male, Maldives.
Recognised as one of the key events on the Maldivian tourism and travel industry calendar, SATA celebrated its 10th anniversary on a grand scale, bringing together prominent industry stakeholders, including Government Ministers, distinguished dignitaries, diplomats and senior representatives from leading airlines and their respective head offices.
Commenting on the achievement, Dimuthu Tennakoon, Head of Commercial, SriLankan Airlines, stated, “We are honoured to receive this recognition at the South Asian Travel Awards 2026. Being named the Leading International Airline in the Visitors’ Choice Awards once again is a meaningful acknowledgement of our commitment to serving our passengers and strengthening our presence in the region. This award inspires us to continue enhancing the travel experience we offer and to build stronger connections with the markets and communities we serve.”
Complementing its commitment to service excellence, SriLankan Airlines offers an extensive flight network with convenient connections to destinations across the globe. In South Asia, the airline operates nearly 130 flights each week to 15 destinations across India, Pakistan, the Maldives, Nepal, and Bangladesh. With schedules thoughtfully designed to suit the needs of travellers, SriLankan Airlines provides seamless connectivity for those visiting Colombo for business or leisure, as well as passengers travelling onwards to destinations worldwide.
Business
JXG enters LMD’s Most Respected Entities in Sri Lanka 2026 for the first time, securing a place among the first 50
JXG (Janashakthi Group), Sri Lanka’s leading financial conglomerate, has been ranked 44th in LMD’s Most Respected Entities in Sri Lanka 2026, marking the Group’s first appearance in the prestigious listing. The recognition places JXG among Sri Lanka’s most respected companies and marks an important milestone in the Group’s master-brand journey.
As the holding company, JXG was also recognised across key attributes including Aspirational Workplace, Business Expansion, Business Innovation, Corporate Culture, Corporate Dynamism, Crisis Management, Employee Wellbeing, Honesty and Integrity, and Leadership Profile. The recognition reflects the growing strength of the JXG brand and the collective contribution of its businesses and people in building trust and confidence among its stakeholders.
JXG’s subsidiaries, including Janashakthi Life and First Capital, have also been recognised in the main table of LMD’s Most Respected Entities 2026 rankings, while Janashakthi Finance has been recognised under the Business Expansion attribute, reflecting the strength of the Group’s individual businesses alongside its growing master brand.
Conceptualised and commissioned by LMD and conducted by PepperCube Research Consultants, the Most Respected Entities special edition recognises companies based on an independent survey of Sri Lanka’s business community.
Commenting on the recognition, Gamika de Silva, Group Chief Marketing Officer at JXG, said, “This is a proud moment for all of us at JXG. We set out to build a Group brand that is not just seen but lived by our people and reflected in everything we do. Ultimately, the true testament to any brand lies in its people, and the credit for this recognition goes to everyone across JXG who brings our values to life every day. This recognition is an encouraging milestone for us, while also reminding us to keep raising the bar and earning the respect of our stakeholders through what we do.”
JXG’s approach to building trust is anchored in its core values of Integrity, Collaboration, Respect, Performance Driven and Innovation. These values guide how its businesses operate, how its people engage with one another and how the Group serves its customers and wider stakeholders.
As JXG continues to expand its businesses, the Group remains focused on strengthening its market presence, creating long-term value and contributing to the growth of Sri Lanka’s financial services sector, guided by its purpose, Breaking Barriers, Forging Futures.
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