March 03, 2015 10:21 AM ET

Banks

Company Overview of Seylan Bank PLC

Company Overview

Seylan Bank PLC provides commercial banking and financial services in Sri Lanka. It operates through Banking, Consumer Financing (Leasing), Treasury, and Property/Investment segments. The company offers deposits products, including fixed deposit, saving, and current accounts; personal banking; trade financing; off-shore banking; resident and non-resident foreign currency operations; travel-related services; corporate and retail credit; margin trading; pawn broking; project financing; lease financing; rural credit; credit card facilities; money remittance services; dealing in government securities; and treasury related products, etc., as well as insurance services. The company also provides t...

Seylan Towers

No. 90, Galle Road

Colombo,  03

Sri Lanka

Founded in 1987

Phone:

94 11 245 6000

Fax:

94 11 245 6456

Key Executives for Seylan Bank PLC

Seylan Bank PLC does not have any Key Executives recorded.

Seylan Bank PLC Key Developments

Seylan Bank plc Announces the Appointment of Kapila P Ariyartne as Executive Director

Seylan Bank plc announced the appointment of Kapila P Ariyartne as executive director, with effect from February 16, 2015. Kapila P Ariyartne will continue as chief executive officer of the bank and is designated as director/chief executive officer.

Seylan Bank PLC Announces Resignation of Directors

Seylan Bank PLC announced that non executive directors, Mr. H K Upali Dharmadasa and Mr. H Isuru Balapatabendi who represented Sri Lanka Insurance Corporation Ltd. on the board of Seylan Bank PLC tendered their letters of resignations dated January 20, 2015 and January 22, 2015, respectively. The board of directors of the bank accepted the resignations at the meeting of the board of directors held on January 22, 2015.

Seylan Bank plc Reports Earnings Results for the Quarter Ended September 30, 2014

Seylan Bank Plc reported earnings results for the quarter ended September 30, 2014. For the period, the company’s net profit was increased by 97% year-on-year, to LKR 1 billion. The firm also announced that its net interest income improved by 21% to LKR 3 billion.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 2, 2014
--
Merger/Acquisition
July 2, 2014
--
Merger/Acquisition
May 6, 2014
--
 

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