Public Seminar
A full day seminar organized by the Trade Finance Association of Bankers on "Understanding Trade Risks to meet Global Challenges" was held on 26th November 2011 at the Galadari Hotel. The seminar was open to a wide spectrum of participants such as Importers, Exporters, Bankers, Lawyers, Shipping and Insurance Industry professionals etc. The emerging industrial powers like China India, Commodity suppliers such as Australia, many countries in Africa and Latin America and the Developed democratic welfare states, like the EU, US and Japan. The emerging industrial powers and commodity suppliers have done well during the financial crisis. Tanuj Edward - Assistant General Manager - AVIVA NDB Insurance Sabry Ibrahim - Senior Deputy General Manager- Peoples Bank Nilam U Jumat - Assistant General Manager-Trade Services - Hatton National Bank plc. A Kathiravelupillai, Senior Banking Consultant, Former Deputy General Manager - Bank of Ceylon handled the difficult task of Moderator. In a new development from this year, members of the Institute of Bankers of Sri Lanka (IBSL) are eligible to earn Continuous Professional Development (CPD) points by participating in Seminars organized by the Trade Finance Association of Bankers. From the feedback received the participants had benefited very much from the presentations made especially as the topics co-related to the work they are involved in. The panel discussions which followed the presentation was very interactive and included Jegan Durairatnam Deputy General Manager, International Commercial Bank of Ceylon who added much value to the discussion. The participants were able to clarify many technical issues relating to International Trade practices. The President of the Association Nilam Jumat said that the Trade Finance Association of Bankers, which was inaugurated in 1997 has from inception been actively engaged in imparting knowledge and the necessary skills to its members by conducting seminars, lectures discussions, workshops etc. on a wide range of topics relating to International Trade.
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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
