Share Issue
Nov 03, 2011 (LBO) - A 70 million US dollar initial public offer of shares by Sri Lanka's People's Leasing Company was oversubscribed on the opening day …
Banking and Finance
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Merger Watch
Nov 03, 2011 (LBO) - Fitch Ratings Lanka said it is maintaining Merchant Credit of Sri Lanka's (MCSL) National Long-Term 'BBB(lka)' rating on 'Rating Watch …
Bond Momentum
Nov 02, 2011 (LBO) - Sri Lanka's banking regulator has urged banks to borrow abroad using improved credit ratings and precedents set by sovereign bonds as …
Finance Deal
Nov 01, 2011 (LBO) - Merchant Bank of Sri Lanka, a unit of state-run Bank of Ceylon said a consortium led by Navara Capital Ltd, an investment house, will buy …
Sound Profile
Nov 01, 2011 (LBO) - Fitch Ratings Lanka has confirmed Hatton National Bank's (HNB) National Long-Term rating at 'AA-(lka)' with a stable outlook. The agency …
Branching Out
Nov 01, 2011 (LBO) - Union Bank of Colombo (UBC) and foreign investment fund ShoreCap II have completed the acquisition of Sri Lanka's The Finance and …
Growth Number
Oct 31, 2011 (LBO) - Sri Lanka's Sampath Bank group profits for the September 2011 quarter rose 45.6 percent to 1.14 billion rupees helped by higher …
Finance Growth
Oct 31, 2011 (LBO) - Citizens Development Business Finance, a registered finance company in Sri Lanka said net profits for the September 2011 quarter rose 146 …
Finance License
Oct 31, 2011 (LBO) - Commercial Leasing Company, a unit of Sri Lanka's LOLC group, said it had received a finance company license from the banking regulator …
Bank Net
Oct 27, 2011 (LBO) - Net profits of Sri Lanka's PABC Bank for the September 2011 quarter rose 62 percent to 208. online pharmacy buy advair with best prices …
Finance Company
Oct 26, 2011 (LBO) - Nation Lanka Plc, a listed company said Sri Lanka's Central Bank has given approval for it to be registered as licensed finance company …
Credit Profile
Oct 26, 2011 (LBO) - Fitch Ratings Lanka has confirmed Pan Asia Banking Corporation's (PABC) national long-term rating at 'BBB(lka)' with a stable outlook. buy …
Finance Channel
Oct 25, 2011 (LBO) - HSBC in Sri Lanka, which has channelled about two billion dollars to infrastructure building in the island, sees more potential in the …
Provisional Help
Oct 25, 2011 (LBO) - Sri Lanka's Seylan Bank's profits in the September 2011 quarter rose 26. online pharmacy buy spiriva inhaler with best prices today in the …
Loan Growth
Oct 24, 2011 (LBO) - RAM Ratings Lanka has assigned long- and short-term financial institution ratings of BBB- and P3 to Softlogic Finance with a stable …
Bank Expansion
Oct, 21, 2011 (LBO) - India's Axis Bank has opened a branch in Sri Lanka's capital Colombo eying the island's growing trade and domestic financing business, …
Cash Track
Oct 21, 2011 (LBO) - HSBC launched a cash collection and management service which is useful for for companies that have large numbers of clients who make …
Fresh Lease
Oct 13, 2011 (LBO) - Accelerating post-war growth and surging vehicle imports owing to tax cuts and better incomes will drive Sri Lanka's leasing and hire …
Managing Risk
Oct 11, 2011 (LBO) - Sri Lanka's Central Bank has issued directions to banks on an integrated risk management framework that will be effective in six …
Banking Ventures
Oct 10, 2011 (LBO) - Banks in countries like Sri Lanka could look at joint ventures with big Western financial institutions seeking to expand in emerging …