News & market updates

Union Assurance hosted an awards event recognising Seylan Bank’s 2024 bancassurance champions, with Anuradhapura Branch named Branch Champion and the North Central Region named Regional Champion.

VOYAGE SRI LANKA 2025 was held on Oct 16 in Colombo to promote Sri Lanka's Blue Economy and attract international investment for maritime infrastructure and services. Sponsors and participants included Seylan Bank, Lanka IOC, Hayleys (Advantis), Colombo Dockyard and stakeholders from government and development partners.

Seylan Bank launched 'Seylan Offer Rush', a card promotion running 20 Sep–31 Oct 2025 offering discounts up to 50% and 0% instalment plans up to 36 months (on transactions above Rs.100,000, max Rs.3,000,000). Participating merchants include Softlogic Brands, Singer and major hotels (Cinnamon, Hilton, Shangri‑La) for dining and retail deals.

Commercial Bank, DFCC, HNB, NDB, Sampath Bank and Seylan partnered with Home Lands at its Home Lands EXPO 2025 to offer up to 100% financing, including the Wealth Builder plan with no down payment, to support purchases of Home Lands projects.

The Islamic Finance Forum of South Asia celebrated its 10th edition and presented awards to 20 institutions across 30 categories; NDB won Deal of the Year (Gold) and, with Vidullanka, received a First Listed Sukuk award (Silver), Seylan Bank won Deal of the Year Silver for a 10MW solar project, and L B Finance won ESG and digital product awards.

Voyage Sri Lanka 2025, an international marine summit, will be held on 16 October 2025 at The Kingsbury in Colombo with four days left to register; Seylan Bank is the official banking partner and Lanka IOC is a silver sponsor. The event will focus on shipbuilding, offshore services, offshore wind, fisheries and nautical tourism.

SEYB.N0000 (Seylan Bank) will partner in the government- and ADB-backed National Credit Guarantee Institution to enable MSME loans of Rs.500,000–25 million with guarantees up to 67% (up to 80% under the LIYA SHAKTHI scheme for women). A guarantee fee of 1–2% p.a. will apply on the outstanding guaranteed amount.

Seylan Bank will participate in the National Credit Guarantee Institution's MSME scheme to enable uncollateralized lending. The scheme covers loans of LKR 500,000–25 million with guarantees up to 67% (up to 80% for women under the LIYA SHAKTHI scheme) and a 1–2% p.a. guarantee fee.

Seylan Bank PLC appointed Ranil Dissanayake as its new Chief Operating Officer; he brings over 35 years of banking experience across branch, corporate and SME banking and will lead the bank's operations.

Seylan Bank PLC appointed Ranil Dissanayake as Chief Operating Officer; he brings over 35 years of banking experience spanning branch, SME, corporate and credit operations and has served in senior roles including Deputy General Manager – Branch Credit.

L B Finance PLC appointed microfinance specialist Ravi Tissera as an Executive Director. He is founder CEO of LOLC Microcredit, ex-CEO of Early Dawn Microfinance (Myanmar) and has previously held board roles at HNB Finance and Seylan Bank.

Hatton National Bank Team A won the Trade Finance Association of Bankers Quiz & Social 2025 held on 13 September; Bank of Ceylon were first runner-up and Commercial Bank second runner-up. Guests highlighted the importance of digitalisation and data-driven decision-making and spoke on export sector directions.

Seylan Bank PLC has renewed its role as exclusive financier for Phase II of a 10 MW ground-mounted solar plant in Navatkadu, providing Rs. 3.5 billion in Islamic project financing for both phases; the project is promoted by Sooryashakthi Ltd., owned by Windforce PLC and Vidullanka PLC.

Voyage Sri Lanka 2025 Marine Summit will be held on 16 October 2025 at The Kingsbury, Colombo, organized by the Sri Lanka Export Development Board to promote the country's blue economy. Sponsors and partners include Seylan Bank (official banking partner), Lanka IOC, Hayleys Advantis and the Sri Lanka Tourism Promotion Bureau.

Seylan Bank PLC renewed its strategic partnership with the National Chamber of Exporters for a fourth consecutive year to provide tailored financial solutions to NCE member exporters, supporting export expansion and foreign exchange earnings.

Seylan Bank (SEYB.N0000) acted as exclusive financier, providing a LKR 3.5 billion Islamic project financing facility for the 10 MW Phase II solar plant in Navatkadu promoted by Sooryashakthi (Windforce and Vidullanka). The plant feeds the national grid and expands renewable capacity.

Colombo Stock Exchange rose as the ASPI gained 0.57% to 21,085, led by Sierra Cables and diversified conglomerates; market turnover was Rs 6.5bn with Sierra Cables contributing Rs 1.2bn. Top index contributors included John Keells, Hayleys, Sierra Cables, Melstacorp and Aitken Spence; net foreign inflow was Rs 58.21m.

Sri Lanka Tourism Development Authority (SLTDA) has joined GovPay, enabling tourism operators to pay the Tourism Development Levy and other SLTDA services online via banks' internet/mobile banking and connected FinTech apps. The initial rollout covers TDL payments with phased expansion planned.

SLTDA has joined GovPay, enabling Tourism Development Levy and other SLTDA payments to be made online via 14 banks and six FinTech apps (including major local banks and L B Finance's CIM). GovPay, launched Feb 2025, has processed 1,773 services totalling over Rs.110 Mn and will expand to more SLTDA payments.

Seylan Bank PLC has partnered with Browns EV to offer an exclusive EV leasing facility with interest rates starting at 10% (A.I.R), up to 7-year terms and 24-hour fast-track approvals to customers.

Seylan Bank (SEYB.N0000) is supporting the National Industry Expo 2025 (18–21 Sep at BMICH) for the third consecutive year and will offer tailored banking and refinance solutions for SMEs, exporters and industrialists.

Voyage Sri Lanka 2025 marine summit will be held on 16 October 2025 at The Kingsbury, with early-bird registration extended to 15 September for a 10% discount. Seylan Bank is the official banking partner and Lanka IOC and Hayleys Advantis are listed sponsors.

Seylan Bank PLC renewed its role as exclusive banking partner for Cinnamon Hotels' 'The Gathering of Giants', offering Seylan cardholders a 10% discount and a 0% interest 12-month Easy Payment Plan on a two-night, three-day package. The event (25–27 July 2025) included two guided safaris, presentations and workshops at Cinnamon Lodge Habarana.

Seylan Bank PLC has partnered with Home Lands Group to offer exclusive home loans covering up to 90% of property value, with interest rates from 9.0% (A.I.R) and approvals within 7 working days. Facilities include repayment terms up to 25 years and dedicated home loan support.

Seylan Bank PLC (SEYB.N0000) has obtained ISO 22301:2019 (Business Continuity) and ISO/IEC 27001:2022 (Information Security) certifications covering international banking, treasury, digital banking, IT and other core functions.

Ambeon Capital (TAP.N0000) acquired 12.3 million shares (6.84%) of Ceylon Hotels Corporation (CHOT.N0000) while Ambeon Holdings bought 45.9 million shares (6.09%) of The Kandy Hotels Company, marking Ambeon Group's strategic entry into the hospitality sector.

Seylan Bank partnered with the University of Peradeniya as Official Banking Partner for a nationwide series of workshops delivering financial literacy, higher-education and career guidance to students aged 13–18, covering budgeting, saving, digital transactions and related offers.

Seylan Bank PLC has partnered with the University of Peradeniya as Official Banking Partner to run nationwide workshops for 13–18-year-old students on higher education, career pathways and financial literacy, covering budgeting, saving and digital transactions.

The Export Development Board launched the official website for Voyage Sri Lanka 2025, a marine summit set for 16 October at The Kingsbury Hotel, Colombo, targeting 300+ attendees from 12+ countries. Official partners include Seylan Bank (banking partner) and Lanka IOC (silver partner).

The Sri Lanka Export Development Board launched the official Voyage Sri Lanka 2025 website; the summit is scheduled for Oct 16, 2025 at The Kingsbury Hotel, targeting 300+ attendees and 12+ nations. Official sponsors include Seylan Bank, Lanka IOC and The Kingsbury.