Second Chance
May 19, 2009 (LBO) – Sri Lanka's central bank said it was giving a second chance for five qualified investors to buy a 33 percent stake in Seylan Bank …
Banking and Finance
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Bank Trends
May 13, 2009 (LBO) - Sri Lanka's Hatton National Bank (HNB) said its group net profit for the March quarter fell four percent to 712 million rupees from a year …
Intact Core
May 12, 2009 (LBO) - Fitch Ratings Lanka said it has confirmed the 'AA+(lka) national long-term rating of Commercial Bank, Sri Lanka's largest private bank, …
Profit Outlook
LONDON, May 11, 2009 (AFP) - Global banking giant HSBC said on Monday that profits were rising strongly on the basis of first-quarter data and it saw "robust" …
Bank Chase
May 9, 2009 (LBO) - Two Sri Lankan financial firms, Lanka Orix Leasing Company and Sampath Bank are most likely to have submitted bids for a one-third stake in …
Higher Margins
May 08, 2009 (LBO) - Sri Lanka's Nations Trust Bank (NTB) said group net profit for the March quarter rose 25 percent to 180 million rupees from a year ago. …
Strong Results
May 07, 2009 (LBO) – Sri Lanka's Sampath Bank has reported group profits of 397.4 million rupees in the March quarter, up 22 percent over last year, …
Bank Bids
May 07, 2009 (LBO) - Sri Lanka's central bank said two short-listed prospective investors have submitted their bids for a controlling stake in Seylan Bank. …
Moribund Merchant
May 05, 2009 (LBO) - Merchant Bank of Sri Lanka (MBSL) said its March quarter group net profit fell 5. online pharmacy buy ciprodex with best prices today in …
Shorter Deadline
May 04, 2009 (LBO) – Sri Lanka's central bank which is collecting information on assets of Golden Key Credit Card, a collapsed financial firm, said its …
Lucrative Fees
April 30, 2009 (LBO) - Sri Lanka's Pan Asia Bank said March quarter net profit rose 39 percent to 92 million rupees from a year ago, helped by a sharp rise …
Merchant Deal
April 28, 2009 (LBO) - Merchant Bank of Sri Lanka (MBSL) said it had almost completed a deal to take control of Ceylinco Savings Bank, a member of the troubled …
Top Marks
April 27, 2009 (LBO) - Sri Lanka's Commercial Bank of Ceylon said its Bangladesh operations have been given an 'A' rating by the banking regulator in that …
Asset Sale
April 27, 2009 (LBO) - Sri Lanka's Ceylinco Finance said it has decided to sell some of its assets to raise funds to improve its liquidity position. online …
Golden Probe
April 24, 2009 (LBO) – Sri Lanka's central bank has asked customers of the failed Golden Key Credit Card Company to submit details of their deposits and …
Bidding List
April 24, 2009 (LBO) - Sri Lanka's central bank has cleared five out of six parties who expressed interest in buying a 33.3 percent stake in Seylan Bank to …
Safety Rope
April 21, 2009 (LBO) - Low transaction costs and timely delivery is critical for micro-finance to be effective in lifting poor people out of poverty, a senior …
Foreign Interest
April 20, 2009 (LBO) - A number of prospective buyers interested in Sri Lanka's Seylan Bank have tied up with foreign partners to bid for a 33 percent stake in …
Seylan Sale
April 18, 2009 (LBO) - Sri Lanka's central bank says six parties have expressed interest in buying a one-third stake of Seylan Bank, which was put under the …
Bank Bid
April 15, 2009 (LBO) - Sri Lanka's Sampath Bank said it has submitted an Expression of Interest to the Central Bank to buy a stake in Seylan Bank, part of the …