19th Annual General Meeting
The 19th Annual General Meeting of the Trade Finance Association of Bankers (TFAB) was held recently in Colombo amidst a large gathering of trade staff of all banks in Sri Lanka. The following were elected as new office bearers for the Year 2016/2017: Manjula Gunawardana (NDB Bank) – President, Susantha Fernando (Seylan Bank) – Senior Vice President, Manoji Hettigoda (Sampath Bank) – Vice President, Shyam De Silva (HNB) – Secretary General, Lawrian Somanader (Commercial Bank) – Treasurer, Sanjeewa Jayasooriya (Standard Chartered Bank – Assistant Secretary, A.S.M.W. Kumarasiri (People’s Bank) – Assistant Treasurer. The following were elected as Council Members: Gaya Manamperi (Past President – formerly at Sampath Bank), Ranjith Haputhanthiri (Past President – Bank of Ceylon), Chatura Rudesh (Sampath Bank), Kasun Muthukuda (Nations Trust Bank), Senaka De Silva (NDB Bank), Neil Handapangoda (Citi Bank), Tharusha Mahawaduge (HSBC), Jehan Perera (Pan Asia Bank), Waruna Senanayake (DFCC Bank), K.R. Naguleswaran (Public Bank), Kanchana Liyanage (Union Bank), J.A.J. Sudarshana (Bank of Ceylon), Susantha Weerasinghe (People’s Bank). Ex-officio – Thushy David (Immediate Past President – Deutsche Bank AG).
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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