Night Banking
Nov 16, 2010 (LBO) - Sri Lanka's state-run Bank of Ceylon will start a branch that will stay open 24 hours to support government efforts to expand night …
Banking and Finance
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Faster Pace
Nov 16, 2010 (LBO) - Chennai-based Indian Bank's Sri Lanka branch will open new branches in former war torn areas and is looking to double its loan book over …
Bank Numbers
Nov 11, 2010 (LBO) - Sri Lanka's National Development Bank said September 2010 quarter group net profit rose 31 percent to 808 million rupees from a year ago …
Systemic Value
Nov 11, 2010 (LBO) - RAM Ratings Lanka has assigned long- and short-term ratings of AAA and P1 to Sri Lanka's state-owned People’s Bank (PB) with a …
Investment Banking
Nov 10, 2010 (LBO) - Sri Lanka's state-run Bank of Ceylon has beefed up its investment banking unit and is looking to win new business as the government is …
Lower Revenues
Nov 09, 2010 (LBO) - Sri Lanka's DFCC Bank's net profits were down 36 percent to 823 million rupees in the September 2010 quarter from a year earlier amid …
Migrant Money
Nov 04, 2010 (LBO) - Commercial Bank said it expanded its money transfer service and will deploy banking officers in Saudi Arabia to handle remittances from …
Finance Purchase
Nov 02, 2010 (LBO) - Sri Lanka's Asian Finance Ltd, a former Ceylinco group company will be sold to a Malaysian investor who is putting 200 million rupees in …
Easier Credit
Nov 03, 2010 (LBO) - Sri Lanka's Commercial Bank of Ceylon has announced an immediate reduction in the interest rate applicable on all credit cards issued by …
Credit Quality
Nov 03, 2010 (LBO) - Sri Lanka's Nations Trust Bank (NTB) said net profit for the September 2010 quarter rose 104 percent to 354 million rupees from a year ago …
Finance Listing
Nov 02, 2010 (LBO) - Sri Lanka's Singer Finance Ltd is planning to raise 400 million rupees in an initial public offering by selling 25 percent of its shares …
Wider Margins
Oct 31, 2010 (LBO) - Sri Lanka's Commercial Bank of Ceylon has reported profits of 1. buy stromectol online …
Growth Area
Oct 30, 2010 (LBO) - A new Sri Lankan investment fund that opened for subscription Friday is targeting the banking sector which is seen doing well given the …
Credit Risks
Oct 29, 2010 (LBO) - Other than Sri Lanka's government Treasury bills, which was free of credit risk, other types of investments even in banks and finance …
Banking Fellow
Oct 28, 2010 (LBO) - K G D D Dheerasinghe, deputy governor of Sri Lanka's central bank has been awarded an honorary fellowship of the Institute of Bankers of …
Personal Liability
Oct 28, 2010 (LBO) - The Sri Lankan government's top legal officer has suggested making directors of banks personally liable if their firms get into trouble …
Asset Quality
Oct 27, 2010 (LBO) - Sri Lanka's Sampath Bank was given an 'AA' long term rating with a 'stable' outlook and 'P1' short term rating, on better risk management …
Bank Numbers
Oct 26, 2010 (LBO) - Sri Lanka's Pan Asia Bank net profit for the September 2010 quarter rose 87 percent to 129 million rupees from a year ago as interest …
Implied Support
Oct 26, 2010 (LBO) - Sri Lanka's Seylan Bank was assigned a 'BBB+(lka)' National Long-term rating for its proposed senior unsecured redeemable debentures of up …
Asset Quality
Oct 26, 2010 (LBO) - Sri Lanka's Sampath Bank September 2010 net profit rose 47 percent to 789 million rupees from a year ago as it reversed provisioning for …