Rural Competition
Aug 19, 2010 (LBO) - India's Mahindra and Mahindra group plans to enter Sri Lanka's financial sector, especially the rural areas, officials said. There were …
Banking and Finance
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Bank Profits
Aug 19, 2010 (LBO) - The Sri Lankan unit of Standard Chartered Bank's (SCB) June quarter profits shot up 679 percent to 8. buy clomiphene online …
Inside Information
Aug 19, 2010 (LBO) - Sri Lanka's Central Bank is violating its own good governance code when a pension fund it manages buys stakes in banks and financial …
Derived Rating
Aug 18 (LBO) - Fitch Ratings Lanka said it has confirmed Standard Chartered Bank, Sri Lanka Branch's (SCBSL) National Long-term rating at 'AAA(lka)' with a …
Equities Foray
Aug 18, 2010 (LBO) - Sri Lanka's Central Bank said a pension fund it manages would increase exposure to equities as government paper, in which it has invested …
Bank Numbers
Aug 17, 2010 (LBO) – Hatton National Bank (HNB) group June quarter profits rose 22 percent to 1.22 billion rupees from high interest margins and higher …
Housing Profits
Aug 16, 2010 (LBO) – Sri Lanka's Housing Development Finance Corporation (HDFC) Bank group June 2010 quarter profits fell 96 percent to 5.3 million …
Combined Entity
Aug 16, 2010 (LBO) - Fitch Ratings has withdrawn the ratings of six Sri Lankan Regional Development Banks (RDBs) upon their merger and upgraded those of two …
Warranted Profits
Aug 13, 2010 (LBO) – Sri Lanka's Environmental Resources Investments (ERI) made a profit of 44 million rupees in the June quarter from higher sales from …
Corporate Cash
Aug 11, 2010 (LBO) - Sri Lanka's NDB Investment Bank (NDBIB) said it has raised over eight billion rupees in the capital market for corporate clients during …
Margin Growth
Aug 05, 2010 (LBO) - Sri Lanka's Nations Trust Bank's (NTB) net profit for the June 2010 quarter rose 86 percent to 280 million rupees as interest margins …
Strong Profile
Aug 03, 2010 (LBO) - Fitch Ratings Lanka said it has confirmed National Development Bank's (NDB) National Long-term rating at 'AA(lka)' with a stable outlook. …
Business Guidance
Aug 02, 2010 (LBO) - Sri Lanka's Lanka Orix Leasing Company (LOLC) and a micro financier attached to a charity are teaching relatives of foreign migrant …
Credit Trends
Aug 02, 2010 (LBO) - The number of credit cards issued by Sri Lanka's banks picked up slightly in May 2010 from the previous month but total credit contracted …
Rights Issue
Aug 02, 2010 (LBO) – People's Leasing Finance Company wants to raise 568 million rupees via a one-to-one rights issue to meet capital adequacy …
Bank Rating
Aug 02, 2010 (LBO) - Fitch Ratings Lanka said it has downgraded Commercial Bank's National Long-term rating to 'AA(lka)' from 'AA+(lka)' and its individual …
Bank Numbers
Aug 02, 2010 (LBO) - Sri Lanka's Commercial Bank net profit for the June 2010 quarter rose 7. online pharmacy buy ciprodex with best prices today in the USA 5 …
Credit Flow
LONDON, August 1, 2010 (AFP) - British banks must use first-half profits to boost lending to businesses, Chancellor of the Exchequer George Osborne said in an …
Lower Profits
July 30, 2010 (LBO) - Sri Lanka's PABC Bank's net profit for the June 2010 quarter fell 60 percent to 83 million rupees from a year earlier, despite lower loan …
Compliance Call
July 29, 2010 (LBO) - Informal entities that have been operating as Islamic financiers in Sri Lanka will have to get their houses in order and become fully …