Northern Reach
July 29, 2010 (LBO) - Sri Lanka's Commercial Bank has opened two more branches in the former northern war zone of the Jaffna peninsula where economic activity …
Banking and Finance
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Relief Appeal
July 28, 2010 (LBO) - Depositors of a failed Sri Lankan finance company desperate to get their money back want to petition the United Nations human rights …
Regional Role
July 28, 2010 (LBO) - Sri Lanka could issue Islamic finance sovereign bonds or 'Sukuks' and take the lead in becoming a regional centre for Islamic financial …
Money Back
July 26, 2010 (LBO) - Depositors in a failed Sri Lankan finance company have been paid back part of their money in the first phase of a repayment scheme with …
Northern Branch
July 25, 2010 (LBO) – State-run Indian Bank headquartered in Chennai, India is planning to open a branch in Sri Lanka’s former war torn Northern …
Islamic Finance
July 24, 2010 (LBO) - A start-up Sri Lankan bank that has just raised 3.2 billion rupees in capital through a private placement wants to lure Middle Eastern …
Seed Capital
July 23, 2010 (LBO) - Amana Bank Limited, a start up Sri Lankan firm which had provisional approval from the regulator to become a bank, said it had raised 3.2 …
Finance Watch
July 22, 2010 (LBO) - Sri Lanka's government is to set up a dedicated authority to regulate micro-finance institutions to make their supervision more …
Equity Fund
July 21, 2010 (LBO) - New York based Logan Rockefeller Global (LR Global) is planning to invest 20 million US dollars in Sri Lanka through a newly set up local …
Margin Growth
July 21, 2010 (LBO) - Sri Lanka's Seylan Bank group net profit shot up 66 percent to 312 million rupees in the June 2010 quarter from a year ago as interest …
Bank Merger
July 16, 2010 (LBO) - Sri Lanka's state-run Regional Development Banks (RDBs) are to merge, getting access to foreign funds, and diversify from agriculture …
Liquidity Status
July 16, 2010 (LBO) - A credit guarantee scheme introduced by Sri Lanka's central bank has become operational with a finance company making use of the first …
Credit Trends
July 13, 2010 (LBO) - Sri Lanka's loans to private borrowers rose by 7. buy orlistat online …
Credit Support
July 13, 2010 (LBO) - Sri Lanka's finance companies which are facing liquidity shortages will get new credit under a central bank guarantee scheme with the …
Capital Needs
July 8, 2010 (LBO) - Merchant Bank of Sri Lanka, a unit of state-run Bank of Ceylon, may need to inject new capital into a troubled savings bank and insurance …
Credit Line
July 7, 2010 (LBO) - Sri Lanka's Lanka Orix Leasing Company will expand credit to war torn northern and eastern areas of the country armed with a credit line …
Banking Move
July 01, 2010 (LBO) – Sri Lanka’s central bank is to open an office in northern Jaffna where it could help with loans and be a catalyst for the …
Guarantee Rate
June 28, 2010 (LBO) - Sri Lanka's RAM Ratings has given a 'BBB+' long term financial enhancement rating to Construction Guarantee Fund (CGF) saying it has …
Banking Regulators
June 23, 2010 (LBO) – Si lanka’s Central Bank has promoted four officers as assistant governors from June 15 as part of the bank’s succession …
Lending Trend
June 22, 2010 (LBO) - Loans to private borrowers from Sri Lanka's commercial banks grew at a slower rate in April compared with March while foreign currency …