13th Annual General Meeting
Trade Finance Association of Bankers at its 13th Annual General Meeting, held recently at the Grand Oriental Hotel Colombo, elected the Council for the year 2010/2011. K. Nandasiri was elected the President of the Association for the ensuing year, and he took the Ceremonial Oath from the outgoing President Mr. Parama Dharmawardene who held the position for the last three years. And is presently the Deputy General Manager – Support Services at Bank of Ceylon. He is an Associate of the Institute of Bankers of Sri Lanka. He counts over 35 years of service in banking with Bank of Ceylon with experience in the fields of Branch Banking, International Banking and Treasury. He has also served the Bank of Ceylon, Chennai Branch for over three years as its Country Manager. Mr. Nilam Jumat, Assistant General Manager (Trade Services), Hatton National Bank PLC, a Fellow of the Institute of Bankers of Sri Lanka was elected the Senior Vice President and Mr. Manjula Gunawardana, Head of Imports, National Development Bank PLC, was elected the Secretary General. Mr. Jayantha Newunhella, Assistant General Manager (Trade Services), Peoples Bank was elected the Vice President, Mr. Roshan Fernando, Manager – Exports, HSBC Bank, the Assistant Secretary, Mrs Manoji Hettigoda, Senior Executive Sampath Bank, the Treasurer and Mr. Susantha Fernando, Manager, Imports, Seylan Bank PLC, the Assistant Treasurer. The immediate Past President Mr. Parama Dharmawardene of Sampath Bank PLC was appointed to the Council ex-officio. Mr. Parama Dharmawardene delivering the welcome address noted that the Association had taken giant strides in meeting its objectives and being recognized by the trade finance community as a useful provider of knowledge & expertise relating to Trade Finance. Newly elected president Mr. Nandasiri in his address paid tribute to the outgoing President for his leadership provided in guiding the Association to greater heights.
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“A” grade in Global Finance’s 2025 Central Banker Report Cards.
Dr. P Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has once again been recognized on the global stage, receiving an “A” grade in Global Finance’s 2025 Central Banker Report Cards. 🇱🇰 This marks the third consecutive year that Dr. Weerasinghe has earned the prestigious honor, underscoring his consistent leadership and strategic acumen in navigating Sri Lanka’s economic challenges. The “A” grade reflects exceptional performance across key areas including inflation control, currency stability, interest rate management, economic growth, and political independence. Global Finance’s annual report evaluates central bank governors from over 100 countries, making this recognition a significant testament to Dr. Weerasinghe’s impact. This accolade not only highlights the Governor’s personal achievements but also reinforces the Central Bank of Sri Lanka’s commitment to fostering economic stability and resilience. Under his stewardship, the institution has played a pivotal role in steering the country through turbulent financial times, maintaining investor confidence and laying the groundwork for sustainable growth.EDB reports that the highest monthly export earnings recorded in July 2025
The Sri Lanka Export Development Board (EDB) reports that the highest monthly export earnings recorded in the country were achieved in July. 🇱🇰 EDB Chairman Mangala Wijesinghe stated that export earnings rose to USD 1,641 million during the month of July. He made this announcement while addressing a media briefing organized by the Government Information Department. “This marks the highest monthly export growth Sri Lanka has ever achieved. Export income from the goods sector increased to USD 1,304 million, showing a 15.37% growth compared to last year. The services sector earned USD 337 million in export income. We’ve seen significant growth in apparel, tea, coconut-based products, processed foods, jewellery, vegetables, and fruits. In the services sector, transport showed a notable 14% increase in export earnings. The United States remains our largest export destination, with over USD 275 million in exports. Germany saw a 57% increase. We also observed remarkable growth in export income to countries like Italy, India, and Australia during July,” he said.
On 19th Sept 2025, S&P Global Ratings has upgraded Sri Lanka’s sovereign rating to CCC+ from Selective Default (SD) on a stable outlook citing the island nation’s economy has recovered steadily, marking a significant milestone in its post-crisis recovery. It has been the first rating improvement by the S&P since the unprecedented crisis three years ago.
25th Annual General Meeting - 2022
Cricket Sixes Championship 2022
The TFAB Annual Cricket Sixes will be held on 24th May 2025 at the Thurstan College Grounds, Colombo 7.
28th AGM of TFAB was held of 19th February 2025 at the auditorium Bank of Ceylon Towers Colombo 1
Networking session was held on 09th May 2025 for Head of Trade services at HSBC executive mess.
Annual Trade Finance Quiz & Social was held on Saturday 13th September at Marino Beach Hotel from 3pm onwards