Seylan Bank PLC, together with its subsidiaries, provides commercial banking and related financial services in Sri Lanka. It operates through Banking, Treasury, and Property/Investments segments. The company provides deposit products, including savings, current, foreign currency, and money market accounts, as well as time deposits and certificates of deposit; corporate and retail credit; rural credit; housing and educational loans; personal, margin, and business loans; agricultural, small and medium enterprises, and micro loans; and finance leasing services for vehicles, motorcycles, machinery, plant, and equipment. It offers personal banking; trade financing; corporate and off-shore banking; resident and non-resident foreign currency operations; travel-related services; margin trading; pawn broking; project and lease financing; credit card facilities; factoring services; money remittance services; and treasury related products, as well as deals in government securities. In addition, the company provides debit and credit cards; insurance, overdraft, working capital, and treasury investments services; and Internet and mobile banking services, as well as digital banking services. Further, it engages in the development, administration, and maintenance of properties. The company was incorporated in 1987 and is headquartered in Colombo, Sri Lanka.
Sri Lankan Market Performance
7D7 Days: 0.8%
3M3 Months: 21.0%
1Y1 Year: 63.3%
YTDYear to Date: 17.3%
Over the last 7 days, the market has remained flat, although notably the Information Technology sector declined by 5.0%. More promisingly, the market is up 63% over the past year. Earnings are forecast to grow by 47% annually. Market details ›
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