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SDB bank marks 25 years with network wide events

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To mark its 25th Anniversary, SDB bank, one of the key players in Sri Lanka’s SME-banking landscape, conducted a number of events across its branch network, in line with its values and future vision. While SDB bank remains fundamentally true to its founding principles to date, its ethos and purpose have grown and evolved over time. Today, SDB bank has emerged as a futuristic, value-based, tech savvy and contemporary bank with a key strategic focus on the areas of SME Development, Women’s Empowerment and Digital Inclusion.

To commemorate the historic milestone of 25 years of service, SDB bank conducted several activities. Most notably, in scaling positive climate action, SDB bank inaugurated a large-scale ecosystem restoration initiative with a pilot project launched in Dewahandiya East Village in Ududumbara to restore 25 hectares of degraded land (where tobacco had been previously grown), adjoining the Victoria-Randenigala-Rantembe (VRR) Sanctuary. This pilot project will support 90 families to adapt to the effects of climate change, helping them to diversify their income by growing meat substitutes such as jackfruit and 09 other herbal/superfoods including Bael Fruit and Indian Gooseberry.

The project is being implemented through a multi-stakeholder participatory model involving the community, relevant state agencies, including the Department of Wildlife Conservation, Forest Department, Central Province Department of Agriculture and Department of Export Agriculture, while technical guidance for the project is being provided by partners such as the IUCN and SLYCAN Trust. The first planting of the pilot project took place on the 24th of August 2022. The Lalith U Gamage, Governor of Central Province, was the Chief Guest at the event, while Chairperson of SDB bank, Dinithi Ratnayake, Members of the Bank’s Board of Directors, Acting CEO of SDB bank, Niranjan Thangarajah and members of the Executive Management team of SDB bank were also in attendance, along with representatives of the project’s key stakeholder groups.

Moving beyond the milestone of 25 years, SDB bank is strongly positioned, financially, and in terms of expertise, experience and other resources, to sustainably fuel economic development in Sri Lanka, with a keen focus on the SME sector. SDB bank has joined hands with prestigious global financiers and organizations that share its vision for an empowered and equitable society. In the present environment, creating new economic opportunities for all Sri Lankans and supporting export-oriented businesses, along with businesses that create value for Sri Lanka, are focus areas for the Bank. Working together with like-minded partners, SDB bank is moving to further its goal and vision to develop Sri Lanka’s SME sector, with a focus on female entrepreneurship.



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AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024

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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.

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Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness

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Kotaro Katsuki, Ambassador for the Embassy of Japan

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.

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HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024

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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.”

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