Trade Finance Quiz and Social
The much looked forward event in the Trade Finance Association of Bankers calendar is the Trade Quiz & Social. This year’s event was held on the 19th of November 2016 at the Kingsbury Hotel. This year’s quiz was conducted on a digital voting system thereby taking the quiz competition into new heights. 29 Teams representing commercial banks participated in the competition. This year the teams contested for the Seylan Bank challenge trophy. There was keen competition witnessed in all rounds and the score at the end of each of the four rounds saw a number of teams heading for a possible victory. After four rounds, there was a tie-breaker round and finally Hatton National Bank “A” team clinched the Seylan Bank challenge trophy for the first time while the first and second runner up trophies were taken away by Commercial Bank “A” and Seylan Bank “A” respectively. Deutsche Bank AG Colombo was the principle sponsor for the event. Mr. Asanka Ranhotty Vice President Head-Institutional Cash & Trade Finance Financial Institutions Deutsche Bank AG graced the occasion as Chief Guest and Mr. Gayan Algama Vice President and Chief Representative JP Morgan Chase Bank was the Guest of honour. Mr. Pavel Andrle, a Technical Advisor to the International Chamber of Commerce also participated as a special invitee.
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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