|
Sri Lanka Interbank Payment System
The Sri Lanka Interbank Payment System, commonly known as SLIPS, is a LKR-only online interbank payment and fund transfer system in Sri Lanka. SLIPS is owned by LankaClear, an organization owned by the Central Bank of Sri Lanka and all Licensed Commercial Banks operating in Sri Lanka, with 47.19% of shares held by the CBSL and State owned commercial banks, and 52.81% by other private banks. SLIPS transfers are designed primarily for catering low-value payments up to LKR 5 million (equivalent to approximately US$36,000). See also * LankaPay * Economy of Sri Lanka The free-market economy of Sri Lanka was worth $84 billion by nominal gross domestic product (GDP) in 2019 and $296.959 billion by purchasing power parity (PPP). The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well a ... * http://www.lankaclear.com/ References Payment networks Banking in Sri Lanka Interbank networks {{Finance-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Bank Of India
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 49th largest bank in the world by total assets and ranked 221st in the ''Fortune Global 500'' list of the world's biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the fifth largest employer in India with nearly 250,000 employees. On 14 September 2022, State Bank of India became the third lender (after HDFC Bank and ICICI Bank) and seventh Indian company to cross the 5-trillion market capitalisation on the Indian stock exchanges for the first time. The bank descends from the Bank of Calcutta, founded in 1806 via the Imperial Bank of India, making it the oldest commercial bank in the Indian subcontinent. The Bank of Madras merged into the o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Axis Bank
Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It sells financial services to large and mid-size companies, SMEs and retail businesses. As of 30 June 2016, 30.81% shares are owned by the promoters and the promoter group ( United India Insurance Company Limited, Oriental Insurance Company Limited, National Insurance Company Limited, New India Assurance Company Ltd, GIC, LIC and UTI). The remaining 69.19% shares are owned by mutual funds, FIIs, banks, insurance companies, corporate bodies and individual investors. History The bank was founded on 3 December 1993 as UTI Bank, opening its registered office in Ahmedabad and a corporate office in Mumbai. The bank was promoted jointly by the Administrator of the Unit Trust of India (UTI), Life Insurance Corporation of India (LIC), General Insurance Corporation, National Insurance Company, The New India Assurance Company, The O ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amana Bank Plc
Amãna Bank is the first and only licensed commercial bank in Sri Lanka to conduct all its operations under the principles of Islamic banking and be fully disengaged from interest based transactions, offering the full spectrum of retail banking, SME banking, corporate banking, treasury and trade finance services. With the mission of enabling growth and enriching lives, the bank reaches over 400,000 customers through a growing network of 33 branches, 20 self banking centres and 5,400+ ATM access points and has introduced a bouquet of customer conveniences such as online banking, online account opening, VISA debit card with SMS alerts, 365 day banking, Saturday banking, extended banking hours, 24x7 cash deposit machines and banking units exclusively for ladies. Amãna Bank PLC is a stand-alone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange with Jeddah based IDB Group being the principal shareholder having a 29.97% stake of the Bank. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DFCC Vardhana Bank
DFCC Bank was set up in 1955 as Sri Lanka's a pioneer development finance institution on the recommendation of the World Bank and is one of the oldest development banks in Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area .... In October 2015, DFCC Bank and its 99% owned subsidiary, DFCC Vardhana Bank amalgamated. DFCC Bank is now a Licensed Commercial Bank offering a range of development banking and commercial banking products and services. Subsidiary companies *DFCC Consulting (Pvt) Limited *Lanka Industrial Estates Limited *Synapsys Limited *Acuity Partners (Pvt) Limited *National Asset Management Limited See also * List of banks in Sri Lanka References Banks of Sri Lanka Banks established in 1955 1955 establishments in Ceylon Companies listed on the Colomb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ICICI Bank
ICICI Bank Limited is an Indian Private bank. It is headquartered at Mumbai. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management. This development finance institution has a network of 5,275 branches and 15,589 ATMs across India and has a presence in 17 countries. The bank has subsidiaries in the United Kingdom and Canada; branches in United States, Singapore, Bahrain, Hong Kong, Qatar, Oman, Dubai International Finance Centre, China and South Africa; as well as representative offices in United Arab Emirates, Bangladesh, Malaysia and Indonesia. The company's UK subsidiary has also established branches in Belgium and Germany. History The Industrial Credit and Investment Corporation of India (ICICI) was established on 5 January 1955 and Sir Arcot Ramasamy Mudaliar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pan Asia Banking Corporation
Pan Asia Banking Corporation is a public limited company incorporated in Sri Lanka Sri Lanka (, ; si, ශ්රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an .... The Company currently has 85 branches across Sri Lanka.A Public Limited Liability Company incorporated in Sri Lanka on 6 March 1995 under the Companies Act No.17 of 1982 and re-registered under the Companies Act No.07 of 2007. A licensed commercial bank under the banking Act No.30 of 1988 and listed in the Colombo Stock Exchange. PABC's major shareholder is Dhammika Perera. Fitch Rating BBB- (lka) - Outlook 'Stable' References Pan Asia Banklauded by Bangladesh central bank for preventing world’s largest bank heistPan Asia Bankstrengthens its digital banking offerings with a new enhanced internet banking platform External links Official web ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Bank Of Colombo
Union Bank of Colombo PLC ( si, යුනියන් බැංකුව, Yuniyan bæṁkuva; ta, யூனியன் பாங்க் ஒவ் கொழும்பு பிஎல்சி, Yūṉiyaṉ pāṅk ov koḻumpu pi'elci), commonly referred to as UBC, is a commercial bank in Sri Lanka. It is licensed by the Central Bank of Sri Lanka, the central bank and national banking regulator. Overview Union Bank of Colombo PLC is one of the top five banks in Sri Lanka in market capitalization as well as one of the country's fastest growing Financial Services Groups. , the bank operated 66 branches and 121 automatic teller machines (ATM) across the island nation. The bank offers a range of products and services to Retail, SME and Corporate segments. History UBC was established in 1995 as the eighth indigenous commercial bank with DFCC Bank, The Great Eastern Life Assurance Company Limited as its founding shareholders. The bank's shares were listed on the Colombo St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Bank (Sri Lanka)
A public bank is a bank, a financial institution, in which a state, municipality, or public actors are the owners. It is an enterprise under government control.Banque publique : une entreprise bancaire qui dépend de l’État - ComprendreChoisir.com Prominent among current public banking models are the Bank of North Dakota, the in Germany, and many nations’ postal bank system ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seylan Bank
Seylan Bank PLC ( si, සෙලාන් බැංකුව, ''Selan Bænkuwa'') is a publicly owned Commercial Bank in Sri Lanka. It has branches both in urban as well as rural areas of Sri Lanka. Seylan bank had 167 banking centres island wide, 3000 staff members, an ATM network of 205 units covering crucial locations, 9 branches providing 365 day banking in 2020. The bank was formed as a licensed commercial bank which was incorporated with a shareholder base. Seylan Bank was incorporated on 28 August 1987 as a Public Limited Liability Company and the founder chairman was Lalith Kotelawala, Dr. Lalith Kotelawala. It established its first subsidiary, Seylan Merchant Bank Limited, in 1992. A second subsidiary, Ceylinco Seylan Development Limited was also established in 1992, primarily for the purpose of constructing the Bank's head office building, Ceylinco Seylan Towers. Seylan Bank introduced Sri Lanka's first homegrown credit card and they also had a partnership deal with Wes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sampath Bank
Sampath Bank PLC ( si, සම්පත් බැංකුව, sampat bæṁkuva) is a licensed commercial bank incorporated in Sri Lanka in 1987 with 229 branches and 373 ATMs island-wide. It has won the "Bank of the Year" award by "The Banker" of ''Financial Times Limited – London'', for the second consecutive year and the "National Business Excellence Awards 2010". It has become the third largest private sector bank in Sri Lanka with Rs. 453 billion in deposits as of 30 June 2016. History The bank was originally incorporated as Investment and Credit Bank Limited in 1988. The bank became popularly known as Sampath. In 1988, Sampath Bank started to operate a multi-point network of automated teller machines (ATMs) for the first time in the country, as "Sampath Electronic Teller" or "SET". Then, with the popularity of ATM banking introduced MasterCard (in 1989), PBU (Personal Banking Unit) and Uni-Banking System. The bank was the first to introduce debit cards in South Asia in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MCB Bank Limited
MCB Bank Limited () is a Pakistani multinational commercial bank which is based in Lahore, Punjab, Pakistan. The majority of shares are owned by Pakistani conglomerate Nishat Group and Malaysian bank Maybank. The bank has a network of 1,600 branches in Pakistan. It was incorporated by the Adamjee Group on July 9, 1947. The bank was established to provide banking facilities to the business community of South Asia. The bank was nationalized in 1974 during the government of Zulfikar Ali Bhutto. This was the first bank to be privatized in 1991 and the bank was purchased by a consortium of Pakistani corporate groups led by Nishat Group. As of June 2008, the Nishat Group owns a majority stake in the bank. The current President/CEO of the bank is Shoaib Mumtaz. The group has a presence in the business sectors of the country such as banking, textile, cement, and insurance. Mian Muhammad Mansha is chairman of both the group and MCB. The bank has established an Islamic Banking unit to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
