20th Annual General Meeting
The Trade Finance Association of Bankers which was founded in 1997 kicked off its twentieth anniversary celebrations with its Annual General Meeting held on March 02, 2017 at the Grand Oriental Hotel, Colombo. The following Office Bearers and Council Members were elected for the year 2017 / 2018: President, Manjula Gunawardana, National Development Bank, Senior Vice President, Susantha Fernando, Seylan Bank, Vice President, Manoji Hettigoda, Sampath Bank, Secretary General, Shyam De Silva, Hatton National Bank, Treasurer, Lawrian Somanader, Commercial Bank of Ceylon, Assistant Secretary, Sanjeewa Jayasooriya, Standard Chartered Bank, Assistant Treasurer, A. The Trade Finance Association of Bankers was founded by a group of eminent trade professionals 20 years ago some of whom are Trade Consultants and Chief Executive Officers of banks today. Facilitation of exchange of views among members and other individual’s and/or organisations on matters related to Trade Finance. To promote consistency in Trade Finance practices among Bankers. To engage in educational activities for members and other practitioners of Trade Finance by holding lectures, seminars, workshops and other activities. To assist members to further their learning and knowledge on matters related to Trade Finance. To publish a periodic Journal or Newsletter containing material relating to Trade Finance or other connected areas. To express its opinion on matters related to Trade Finance practices. To study and submit its report on any matter related to Trade Finance. To co-ordinate with any regulatory authority or other organisations on matters related to Trade Finance. To promote goodwill, understanding and fellowship amongst bankers engaged in Trade Finance. The Association since its incorporation in 1997 has been continuously engaged in developing the trade practices as well as the trade practitioners by conducting Public Seminars, Guest Lectures, Publication of Newsletters and taking up trade related issues with the relevant regulatory authorities.
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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