Lending Risk
SINGAPORE, July 6, 2011 (AFP) - The Asian Development Bank (ADB) and reinsurer Swiss Re announced an agreement Wednesday to boost regional trade by …
Banking and Finance
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Software Suite
July 04, 2011 (LBO) - Sri Lanka's Citizens Development Business Finance has selected a banking technology platform developed by Polaris Software and …
Parental Support
June 29, 2011 (LBO) - Fitch Ratings Lanka has assigned DFCC Vardhana Bank's (DVB) proposed subordinated debentures of up to a billion rupees a national rating …
Stringent Standards
June 27, 2011 (LBO) - RAM Ratings Lanka has reaffirmed the Construction Guarantee Fund’s (CGF) long- and short-term financial enhancement ratings at BBB+ …
Asset Quality
June 27, 2011 (LBO) - Fitch Ratings Lanka has confirmed Sinhaputhra Finance's (SFL) national long-term rating at 'B(lka)' with a negative outlook. online …
State Banking
June 23, 2011 (LBO) - Sri Lanka's state run Lankaputhra Development Bank's bad loans had increased to 66. buy avodart online …
Expanding Reach
June 22, 2011 (LBO) - Sri Lanka’s state-run Regional Development Bank has established a presence in the island’s former northern war zone by …
Mobile Banking
June 22, 2011 (LBO) - Sri Lanka's Commercial Bank plans to offer more mobile phone banking services such as allowing customers to remit funds and check the …
Equal Footing
June 17, 2011 (LBO) - Fitch Ratings Lanka has assigned People's Leasing Company's (PLC) proposed senior debentures of up to 750 million rupees a National …
Islamic Banking
June 16, 2011 (LBO) - Sri Lanka's Commercial Bank of Ceylon said it is starting an alternative banking services compliant with Islamic Sharia law, with a three …
Credit Approvals
June 08, 2011 (LBO) - DFCC, a development finance institution (DFI) that also owns a commercial banking subsidiary said its credit approvals soared 117 percent …
Glitzy Loans
June 07, 2011 (LBO) - Sri Lanka's Commercial Bank plans to extend 'gold loans' through its branches country-wide offering higher advances and lower rates to …
Finance Deadline
May 31, 2011 (LBO) - Sri Lanka's central bank said 15 regulated finance companies have so far listed themselves on the Colombo Stock Exchange in response to a …
Debenture Rating
May 27, 2011 (LBO) - Fitch Ratings said it had rated a proposed one billion rupee subordinated debenture 'AA-(lka)' by National Development Bank one notch …
Finance Rating
May 26, 2011 (LBO) - Sri Lanka's Multi Finance Company Limited (MFCL) has been rated 'B+(lka)', four notches below investment grade, by Fitch with a 'stable' …
Capital Raising
May 24, 2011 (LBO) - Sri Lanka's Commercial Bank wants to raise 9.buy ivermectin online buy ivermectin online no prescription 7 billion rupees through a rights …
Finance Growth
May 23, 2011 (LBO) - Sri Lanka's LB Finance said net profits for the March 2011 grew 83 percent to 391 million rupees from a year earlier, with strong growth …
Easier Borrowing
May 16, 2011 (LBO) - Sri Lankan banks will soon be able to lend against moveable property with a new initiative by the Credit Information Bureau (CRIB), an …
Bank Numbers
May 16, 2011 (LBO) - Sri Lanka's National Development Bank group said March 2011 quarter net profit doubled to 605 million rupees from a year ago as lending …
Bank Numbers
May 13, 2011 (LBO) - Bank of Ceylon, Sri Lanka's biggest state-owned lender, said March 2011 quarter net profit shot up 163. online pharmacy buy diflucan with …