Biz Briefs
ComBank among top 1000 global banks
The Commercial Bank of Ceylon has been ranked among the Top 1000
Banks of the World for the third successive year, becoming the only Sri
Lankan bank to achieve this feat.
The ranking published annually by ‘The Banker’ of the UK, has
Commercial Bank ranked at No 983 in 2013, with Tier I capital of $ 355
million at the end of 2012. The Top 1000 rankings are compiled from a
database of over 5,000 banks worldwide.
“Making it to the Top 1000 list represents an acknowledgment of the
Bank's standing,” Commercial Bank Chairman Dinesh Weerakkody said.
Lanka to host WSA 2013
The World Summit Award (WSA) Global Congress 2013 will be held in
Colombo from October 23-26.
Hosted by the Information and Communication Technology Agency of Sri
Lanka (ICTA), the global event will be a fast-paced, three-day
conference featuring 40 outstanding application developers, more than 60
high-profile speakers and will attract up to 1,000 international
delegates. The conference will showcase the most creative mobile and web
applications from all over the world.
Death of Mouse inventor
The inventor of the computer mouse, Doug Engelbart, has died aged 88.
Engelbart developed the tool in the 1960s as a wooden shell covering two
metal wheels, patenting it long before its widespread use.
He also worked on early incarnations of email, word processing and
video teleconferences at a California research institute. The State's
Computer History Museum was notified of his death by his daughter,
Christina, in an email. Her father had been in poor health and died
peacefully on Tuesday night in his sleep, she said.
Hayleys debentures oversubscribed
The debenture offer by Hayleys Plc was oversubscribed with
applications for debentures exceeding Rs 2 billion, the company stated
in a disclosure to Colombo Stock Exchange (CSE) last week.
Hayleys offered debentures worth Rs 1.5 billion and a further issue
of debentures worth Rs 500 million if the first tranche was
oversubscribed.
The offer was managed by NDB Investment Bank. The basis of allotment
will be notified to the CSE in due course, a company spokesman said.
Saweena Beauty Centre opens showroom

Saweena Beauty Centre recently opened a showroom 'Kryolan City' in
Nugegoda. Saweena Beauty Centre is the authorised dealer for Kryolan
products made by German company Kryolan GmbH, which has branches
worldwide.
Here artistes Sangeetha Weerarathne and Sanath Gunathilake the chief
guests at the opening of 'Kryolan City' with Director of Saweena, Gemunu
Mangala Weerawardana, Subani Weerawardana and Gamini Wijesinghe.
ComBank's 'Savings Fiesta' in Kandy
A career guidance seminar for schoolchildren, 3D movies, a game zone
and a musical show by the singing duo Iraj and Infaz were the highlights
of a 'Youth Day' organised by the Kandy main branch of the Commercial
Bank on the fourth weekend of the Bank's 'Savings Fiesta' program.
Head Prefects, their deputies and Games Captains of several Kandy
schools were invited to the seminar and presented tokens of appreciation
by the Bank.
BoC opens branch in Vaddukoddai
The Bank of Ceylon (BoC) opened a branch recently at Sangaraththai
Junction, Vaadukkodai. It was opened by BoC Northern Province Assistant
General Manager (AGM) Thilak Tennakoon.

AGM, Northern Province, Thilak Tennakoon opens the Vaddukoddai
branch. |
“Customers could open savings accounts, current accounts, NRFC
accounts, time deposits and obtain loan facilities, lease facilities,
pawning services and credit and debit cards at this branch. Residents of
Vaddukoddai will also get the privilege of experiencing banking services
of a bank with a network of 609 branches and 500 ATMs islandwide.
They also can enjoy the modern banking services through internet
banking, mobile banking and 24-hour Call Centre facility. |