News & market updates

Seylan Bank donated a smart board and a suite of carpentry tools to the WP/PIL School for the Deaf, Ratmalana on 5 May 2026 to support inclusive education and vocational skills development.

Seylan Bank PLC has partnered with Hayleys Fentons Limited to offer a dedicated EV leasing facility with competitive interest rates, up to 7-year repayment terms and 24-hour approvals. The program covers EV brands represented by Hayleys Fentons and includes doorstep support and island-wide branch assistance.

Ambeon Capital PLC reported consolidated PAT of LKR 3,242 million for FY2025/26, up 104% YoY. Group revenue was LKR 19 billion (+12%), with strategic moves including increased stakes in DFCC (9.91%) and Seylan (9.93%), a 13.33% holding in Ceylon Hotels and a planned controlling stake in Harischandra Mills.

Seylan Bank PLC opened its 291st 'Pahasara' library at A/Buddhangala Central College on 27 March 2026, donating books, a laptop and a smart board and running financial literacy workshops as part of its ESG programme as it progresses toward 300 libraries.

Colombo Stock Exchange fell, with the ASPI down 0.41% (95 points) to 22,920 and the S&P SL20 down 0.40% to 6,269. Banking stocks saw profit taking while top movers included Nawaloka Hospitals (+8.44%), LOLC (+0.83%) and Seylan Bank (+1.65%), and Ceylon Tobacco declared a first interim dividend of Rs.32.40.

Rayynor Silva increased his stake in Seylan Bank to 10% from 6% with a Rs.1.2 billion purchase (12 million shares); National Development Bank sold the 8.72% stake it held in Seylan.

Seylan Bank co‑sponsored the Colombagama Awurudu 2026 event at Viharamahadevi Children’s Park, presenting branded gifts to winners; Dialog Axiata’s Dialog A Plus Kids Channel and Channel One organized interactive Awurudu-themed games for children.

Colombo market closed lower as the ASPI fell 0.23% to 23,011.72 despite net foreign inflows of Rs. 597.5m; banking sector led turnover with large SEYB crossings and gains, while COMB, CINS, DFCC and Colombo Dockyard were among top negative contributors.

Phantom Investments bought 26,631,495 Seylan Bank shares from NDB at LKR 104 per share, taking its Seylan stake to the maximum limit. NDB said it was exiting a non-strategic investment; NDB shares closed down 0.63% and Seylan Bank shares closed up 0.24%.

NDB Bank sold its entire 8.72% stake in Seylan Bank — 26,631,495 shares at Rs.104 each — for Rs.2.76 billion on 11 May 2026; the buyer was not disclosed.

ASPI fell 52.26 points to 23,011.72 with market turnover at Rs. 4.92 bn; Seylan Bank accounted for Rs. 2.78 bn of the day's turnover. Foreign investors were net buyers with a net inflow of Rs. 597 mn.

Colombo Stock Exchange closed lower: ASPI -0.23% to 23,011.72 and S&P SL20 -0.30%, with turnover Rs.4.92bn and banks leading at Rs.3.04bn. Movers included Melstacorp, Hemas and CDB up while Ceylinco Insurance, Commercial Bank, DFCC and Colombo Dockyard fell; Laugfs Power commissioned a 2MW mini-hydro and ACME proposed a capital reduction (EGM Jun 11).

Seylan Bank PLC marked the first anniversary of its Make-A-Wish Sri Lanka partnership on 29 April 2026, with employees contributing LKR 10 million as the Official Banking Partner. The bank's Islamic Banking Unit also provided medication, transport and patient welfare support as the programme celebrated over 150 wishes granted and 70 more approved.

Seylan Bank reported PAT of LKR 2,906 Mn in Q1 2026 (up 5.25%) and PBT of LKR 4,548 Mn (up 8.31%). Total assets reached LKR 943 Bn, ROE was 14.39%, impaired loans ratio 1.01% and CET1 stood at 11.40%.

Seylan Bank (SEYB.N0000) reported 1Q 2026 PAT of Rs. 2.91 billion, up 5.25% YoY, and PBT of Rs. 4,548 million (+8.31%), as total assets rose to Rs. 943 billion. Net interest income and fee income grew, impairment charges fell and asset quality remained strong.

Colombo Stock Exchange closed up, ASPI +0.07% to 22,635, with diversified financials leading turnover (Rs 1.98bn) helped by the debut of Janashakthi; total market turnover was Rs 4.19bn.

Seylan Bank (SEYB.N0000) launched the Seylan Accelerate Salary Advance Facility, offering eligible salaried customers (Prime/Premier tiers) interest-free access to a portion of their monthly salary for short-term liquidity and urgent expenses.

Seylan Bank won multiple Gold awards at the LankaPay Technnovation Awards 2026, including Best Institution for Customer Convenience and Financial Inclusivity, Best Acquiring Bank (Fintech), Best Digital Payment App (JustPay Web), LankaSign Enabler (KOKO) and Digital Government Payments Enabler (HelaPay); it also received a Merit for Overall Award for Excellence in Digital Payments.

DFCC Bank convened a discussion examining how the Middle East conflict could transmit into Sri Lanka’s economy, highlighting energy price, shipping, FX, tourism and remittance channels. The forum emphasised banks’ role in helping clients manage FX exposure, trade finance and liquidity amid rising uncertainty.

Colombo Stock Exchange closed up: ASPI +1.30% (284.12 pts) to 22,128.66. Top contributors included John Keells, Melstacorp and National Development Bank; turnover was Rs5.016bn and HNB Finance announced a Rs2,499,529,714 rights issue (2 for 9).

Seylan Bank PLC launched an Avurudu campaign for Seylan Credit and Debit Cards with 300+ merchant partners, offering discounts, dining offers and 0% easy payment plans up to 36 months for transactions of Rs.100,000–3,000,000 (14 Mar–15 Apr 2026).

Colombo Stock Exchange closed down with the ASPI down 0.12% to 21,066.18 and turnover at 3.57 billion rupees. Crossings included John Keells (11,971,313 shares) and Seylan Bank (300,000), and Dipped Products and Haycarb announced cash dividends of 0.76 and 1.70 rupees per share respectively.

Seylan Bank PLC signed an MOU with GS EVO Motors to provide a dedicated EV leasing facility offering interest rates from 10% (A.I.R) and repayment terms up to seven years. The facility includes fast-track 24-hour approvals, island-wide access and a dedicated leasing team.

Commercial Bank of Ceylon PLC won the Overall Gold Award for ‘Excellence in Digital Payments’ at the LankaPay Technnovation Awards 2026. Other shortlist winners included HNB (Overall Bronze), Seylan (Overall Merit), LOLC Finance (NBFI Gold), LB Finance (NBFI Silver), Pan Asia and DFCC (category awards).

Seylan Bank PLC will issue SME loan decisions within three working days for facilities below Rs.25 million. The bank has also joined the government/ADB-backed National Credit Guarantee initiative (guarantees up to 67%, 80% for women-led MSMEs) to boost SME access to finance.

Senior bankers at the Association of Professional Bankers convention urged caution, prioritising balance-sheet discipline—liquidity, capital buffers, and managing interest-rate and FX exposure—over rapid expansion. Speakers also highlighted selective growth, risk-adjusted returns, and greater use of digital capability and sustainable debt instruments.

Seylan Bank PLC has launched an online interest and part-payment facility for its gold loans and pawning, allowing customers to settle interest and make partial repayments digitally without visiting branches.

Seylan Bank PLC fully disbursed Rs. 1.2 billion under the government Seylan Atha Hitha MSME loan programme in 2025 and has received a Rs. 1 billion allocation for the first tranche of 2026. Loans of up to Rs. 25 million are offered at a concessional 5% p.a., with tenors up to 10 years and an 80% credit guarantee for eligible women-led enterprises.

Seylan Bank PLC launched an Online Interest and Part Payment Facility for Seylan Gold Loans and Pawning, allowing customers to settle interest and make part payments digitally via the bank's digital channels without visiting branches.

Seylan Bank PLC fully disbursed LKR 1.2 billion across 90 loans under the government-funded 'Atha Hitha' MSME programme in 2025 and has been allocated LKR 1 billion for the first tranche of 2026. Loans are available up to LKR 25 million at a concessionary 5% p.a., with tenors up to 10 years and an 80% credit guarantee for eligible women-led businesses.