Business
First QR enabled payment facility for microfinance loans
L- R: Malintha De Silva – Chief Financial Officer (CFO) – VisionFund Lanka, Arunasiri Gunarathne- Specialist – Mobile Money – Digital Services, Padmanath Muthukumarana- Senior Manager – Mobile Money – Digital Services, Renuka Fernando- Group Chief Digital Services Officer, Dialog Axiata PLC, Dinesh Kanagaratnam – Chief Executive Officer (CEO) , Shalinka Fernando – IT Project Manager , Rizanth Francis – Chief Operating Officer (COO) , Sevvandi Abeysinghe – Human Resource Manager , Priveen Joseph – Risk and Compliance Manager , Lakshan Fernando – Internal Audit Manager- VisionFund Lanka
eZ Cash, the country’s first and largest mobile money and payment service by Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, partnered VisionFund Lanka, a leading socially responsible microfinance institution affiliated with World Vision Lanka and also a subsidiary of VisionFund International, to facilitate customers with a convenient and sustainable QR card repayment facility for their microfinance loans.
A digitally inclusive solution to sustain VisionFund Lanka’s client pool, this strategic partnership has revolutionized the microfinance loan repayment system with the launch of the QR card loan repayment facility. This mechanism empowers all VisionFund Lanka customers to produce and scan their respective QR cards at the nearest eZ cash retail outlet for a quick and efficient way to access their loan details, providing not only financial accessibility to individuals living in rural areas but also acts as a vital step forward in carrying out financial transactions easily, safely, and virtually.
Presently, the card is available to be collected by customers from the nearest VisionFund Lanka offices. As of 2019, VisionFund Lanka has been serving over 30,000 families in rural areas across the island, empowering small and SME businesses with much needed financial support.
As a progressive step in VisionFund Lanka’s digitization journey, Dinesh Kanagaratnam, CEO of VisionFund Lanka said “The timing of this launch is opportune as the need for faster, safer and easier ways of conducting financial transactions is vital, now more than ever – and we are excited to be able to extend this facility to our clients predominantly living in rural settings. We are happy to partner with Dialog on this journey of ours to serve sustainably and will continue to explore innovative solutions to provide easily-accessible financial facilities to the communities we serve”.
Renuka Fernando, Group Chief Digital Services Officer of Dialog Axiata PLC stated “Throughout the years eZ Cash has been at the forefront of providing sustainable, innovative solutions to digitize payments and collections of our partners and customers. This inclusive QR enabled micro-finance loan repayment solution will be one of the many steps taken in our journey of enabling an efficient, seamless and hassle-free collection process”
Business
HNB Finance bags 2 CMA Reporting Awards 2025
HNB Finance PLC has been honoured with two prestigious accolades at the CMA Excellence in Integrated Reporting Awards 2025, reaffirming the company’s commitment to transparency, good governance, and integrated business performance.
At this year’s ceremony, HNB Finance PLC was awarded Second Runner Up – joint in the category of “Best Integrated Report , Finance and Leasing Sector”, and also received a Merit Award in recognition of its continued efforts to enhance reporting quality and strengthen stakeholder communication.
The CMA Excellence in Integrated Reporting Awards, organised annually by the Institute of Certified Management Accountants (CMA) of Sri Lanka, acknowledge organisations that demonstrate superior financial reporting standards aligned with global best practices. Winners are assessed on key criteria such as financial performance and strategic management, corporate governance and compliance, innovation and digital transformation, sustainability practices, and professional excellence.
Chaminda Prabhath, Managing Director/CEO of HNB Finance PLC, commented on the recognition, “These awards reaffirm our commitment to upholding the highest standards of integrated reporting and transparent financial disclosure. At HNB Finance, we remain focused on delivering sustainable long-term value through robust governance frameworks, prudent financial management, and continuous innovation. The acknowledgement by CMA Sri Lanka reflects the disciplined efforts of our teams across the organization and motivates us to further enhance our reporting quality, strengthen ESG integration, and reinforce our stakeholder centric approach.”
Business
ComBank joins ‘Liya Shakthi’ scheme to further empower women-led enterprises
The Commercial Bank of Ceylon has reaffirmed its long-standing commitment to advancing women’s empowerment and financial inclusion, by partnering with the National Credit Guarantee Institution Limited (NCGIL) as a Participating Shareholder Institution (PSI) in the newly introduced ‘Liya Shakthi’ credit guarantee scheme, designed to support women-led enterprises across Sri Lanka.
The operational launch of the scheme was marked by the handover of the first loan registration at Commercial Bank’s Head Office recently, symbolising a key step in broadening access to finance for women entrepreneurs.
Representing Commercial Bank at the event were Mithila Shyamini, Assistant General Manager – Personal Banking, Malika De Silva, Senior Manager – Development Credit Department, and Chathura Dilshan, Executive Officer of the Department. The National Credit Guarantee Institution was represented by Jude Fernando, Chief Executive Officer, and Eranjana Chandradasa, Manager-Guarantee Administration.
‘Liya Shakthi’ is a credit guarantee product introduced by the NCGIL to facilitate greater access to financing for women-led Micro, Small, and Medium Enterprises (MSMEs) that possess viable business models and sound repayment capacity but lack adequate collateral to secure traditional bank loans. Through NCGIL’s credit guarantee mechanism, Commercial Bank will be able to extend credit to a wider segment of women entrepreneurs, furthering its mission to drive inclusive economic growth.
Business
Prima Group Sri Lanka supports national flood relief efforts with over Rs. 300 Mn in dry rations
Prima Group Sri Lanka has pledged assistance valued at over Rs. 300 million, providing essential Prima food products to support communities affected by the recent floods across the island. This relief initiative is being coordinated through the Ministry of Defence to ensure the timely and effective distribution of aid to impacted families.
As part of this commitment, Prima Group Sri Lanka donated a significant stock of Prima dry rations to the Government of Sri Lanka on 30 November. The consignment will be distributed across multiple severely impacted districts. These supplies will support families facing disruptions to daily life, ensuring they receive assistance as recovery efforts continue.
The handover took place at the Ministry, where the donation was received by the Secretary of Defence, Air Vice Marshal (Retired) Sampath Thuyacontha. Representing Prima Group Sri Lanka, Sajith Gunaratne – General Manager of Ceylon Agro Industries Limited, and Sanjeeva Perera – General Manager of Ceylon Grain Elevators PLC, officially presented the donation.
Prima Group has been standing with the people of Sri Lanka for over 40 years, and this donation reflects its broader commitment to the nation during challenging times. As relief operations continue across the island, the company remains focused on helping families rebuild their lives and supporting the ongoing recovery process in collaboration with the Government Authorities.
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