Steady Numbers
Apr 13, 2009 (LBO) – Profits at Sri Lanka's Pan Asia Bank has grown 3.5 percent to 223 million rupees in the full-year 2008, through strong net interest …
Banking and Finance
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Merchant Cover
April 08, 2009 (LBO) - The Merchant Bank of Sri Lanka (MBSL) said it has bought full ownership of ABC Insurance Company under a share transfer agreement …
Cash Call
April 08, 2009 (LBO) - HSBC, Europe's biggest bank, said it had completed its 12. buy albuterol online …
Regulatory Forbearance
April 06, 2009 (LBO) - The Sri Lankan government is considering relaxing criteria for bad loan provisioning to help the corporate sector cope with the effects …
Merchant Rating
April 06, 2009 (LBO) - Fitch Ratings Lanka said it has confirmed the 'BBB' rating of Merchant Credit of Sri Lanka Ltd. online pharmacy buy cymbalta with best …
Annual Picture
Apr 03, 2009 (LBO) – Sri Lanka's People's Bank group has reported net profits of 3,427 million rupees in 2008, 2.2 percent lower, while interest income …
Shrinking Credit
April 02, 2009 (LBO) – Sri Lanka's private sector credit is shrinking with credit card users also falling for two straight months as an economic slowdown …
Oil Hit
April 02, 2009 (LBO) - Non-performing assets at Citibank's Sri Lanka branch have rocketed after state-run Ceylon Petroleum Corporation (CPC) refused to pay up …
Top Marks
April 01, 2009 (LBO) - The Commercial Bank of Ceylon has been adjudged Sri Lanka’s ˜Best Bank’ for the 11th successive year by the financial …
Bank Promotions
April 01, 2009 (LBO) - Sri Lanka's central bank said it has promoted four Assistant Governors, Rose Cooray, K G D D Dheerasinghe, Uthum Herat and D S …
Fresh Equity
April 01, 2009 (LBO) - A one-third stake in Sri Lanka's Seylan Bank being offered to new investors by the regulators will be in new shares with the cash going …
Branching Out
Mar 30, 2009 (LBO) - Sri Lanka's Nations Trust Bank (NTB), a unit of John Keells Holdings, is growing its personal banking small business segments to maintain …
Rating Cut
Mar 30, 2009 (LBO) - Fitch Ratings has downgraded the long-term rating of Singer Finance (Lanka) Limited (SFL) to BBB-(lka) from 'BBB(lka)'. buy wellbutrin …
Banking Abroad
March 27, 2009 (LBO) - Sri Lanka's Commercial Bank has said it plans to expand its business in Bangladesh and is still considering setting up branches in other …
Strategic Investor
March 27, 2009 (LBO) - Sri Lanka's central bank has called for proposals from investors to invest 5. online pharmacy buy abilify with best prices today in the …
Breathing Space
Mar 26, 2009 (LBO) - Sri Lanka's The Finance Company, a member of the island's troubled Ceylinco group, is suspending withdrawals of deposits for three months, …
Big Bank
Mar 26, 2009 (LBO) – Sri Lanka's state-run Bank of Ceylon profits have increased 19.2 percent to 3.87 billion rupees in 2008, helped by strong fee income …
Overseas Look
Mar 24, 2009 (LBO) – Sri Lanka's Hatton National Bank is looking to start investment banking operations in Bangladesh as part of its venture into …
Watching Brief
Mar 23, 2009 (LBO) - RAM Ratings has put the BB+ rating on Sri Lanka's Asian Finance Limited (AFL), a member of the troubled Ceylinco group, on rating watch …
Downgraded
Mar 23, 2009 (LBO) – Fitch Sri Lanka has downgraded the rating of Industrial Finance Limited (IFL), a central bank regulated finance company, to …