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.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
US sports envoys to Lanka to champion youth development
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