Rural Finance
Sept 26, 2008 (LBO) - Fitch Ratings Lanka said it is maintaining the Rating Watch on the National Long-term ratings of six Sri Lankan state-owned Regional …
Sept 26, 2008 (LBO) - Fitch Ratings Lanka said it is maintaining the Rating Watch on the National Long-term ratings of six Sri Lankan state-owned Regional …
Sept 26, 2008 (LBO) - The United States has guaranteed 540 million rupees of conflict area credit in Sri Lanka by a domestic leasing firm to bring finance into …
Sept 25, 2008 (LBO) – Sri Lanka's state-run National Savings Bank (NSB) is starting a three-month savings drive from October 01, to coincide with World …
Sept 25, 2008 (LBO) - Sri Lanka's finance companies, especially smaller ones, could face difficulties in raising funds to maintain liquidity if the present …
Sept 24, 2008 (LBO) - Sri Lanka will bring in tighter laws to nab fraudsters who run fraudulent deposit scams, a government minister said, after the collapse …
Sept 24, 2008 (LBO) - Sri Lanka's Ceylinco Finance said it plans to merge with its subsidiary Asian Finance in a seven for two share swap. To receive instant …
Set 24, 2008 (LBO) - HSBC Sri Lanka said it had arranged a 45 million US dollar loan backed by Sinosure, China's export credit agency, to fund an expansion of …
NEW YORK, September 23, 2008 (AFP) - Tycoon Warren Buffet's Berkshire Hathaway has agreed to buy five billion dollars of stock in Goldman Sachs, and could …
WASHINGTON, September 23, 2008 (AFP) - The conversion of Goldman Sachs and Morgan Stanley to regulated commercial banks marks the end of an era of independent …
Sept 22, 2008 (LBO) - Police are trying to track down a Sri Lankan businessman who has fled abroad after duping thousands of people into depositing money with …
NEW YORK, September 17, 2008 (AFP) - The US Federal Reserve announced Tuesday it would make an unprecedented 85-billion-dollar rescue loan to save insurance …
Sept 17, 2008 (LBO) - Sri Lankan investors in Vietnam could bank at a new fully owned branch in the country after authorities gave the go ahead to incorporate …
Sept 17, 2008 (LBO) - Sri Lanka's People's Leasing Company (PLC) said net profit rose seven percent to 803 million rupees in the year ending March 31, 2008 and …
WASHINGTON, September 15, 2008 (AFP) - US investment giant Lehman Brothers announced its bankruptcy early Monday as the Federal Reserve and major global banks …
FRANKFURT, September 15, 2008 (AFP) - The European Central Bank (ECB) and the Bank of England (BoE) poured billions into money markets on Monday to ensure …
Sept 11, 2008 (LBO) - Sri Lanka's Fitch Ratings has confirmed the 'AA(lka)' rating of state-run Bank of Ceylon, with 'stable' outlook, and said its exposure to …
Sept 11, 2008 (LBO) - Sri Lanka's Commercial Bank said the long term credit rating of its Bangladesh unit had been upgraded by one notch to AA+ from AA, by …
Sept 07, 2008 (LBO) - Sri Lanka's Union Bank has reported strong loan growth in the six months ending June 30, bucking the industry trend, although net profit …
Sept 03, 2008 (LBO) - Asia continued to do well amidst global financial turmoil and Sri Lanka and the Maldives are set to perform well, despite an expected …
Sept 03, 2008 (LBO) - Sri Lanka's RAM Ratings says it has confirmed the 'BBB' national long term rating of Alliance Finance with a 'stable' outlook and also …