Takeover Watch
May 17, 2008 (LBO) – Fitch Sri Lanka has placed the 'A-(lka)' rated Commercial Leasing Company on credit watch after Lanka Orix Leasing Company (LOLC) …
May 17, 2008 (LBO) – Fitch Sri Lanka has placed the 'A-(lka)' rated Commercial Leasing Company on credit watch after Lanka Orix Leasing Company (LOLC) …
May 16, 2008 (LBO) – A mortgage backed security issued by Sri Lanka's HDFC Bank retained its enhanced credit, three notches higher than the issuer, as …
May 15, 2008 (LBO) – RAM Ratings has confirmed Merchant Bank of Sri Lanka's (MBSL) long-term local rating of AA- with a stable outlook, saying the rating …
May 15, 2008 (LBO) – Bartleet Finance, part of Sri Lanka's Bartleet group, is considering setting up a branch in northern Jaffna and expanding in rural …
May 14, 2008 (LBO) – Sri Lanka's state-run Bank of Ceylon has seen margins squeezed in 2007 amidst directed lending and rising funding costs, but has …
May 07, 2008 (LBO) – Sri Lanka's Nations Trust Bank (NTB) group profits grew 41 percent to 144.2 million rupees in the March quarter with total revenue …
May 06, 2008 (LBO) – Sri Lanka's Commercial Bank's group profits grew 11.4 percent to 1,024 million rupees in the March quarter with revenue growing 37.7 …
April 30, 2008 (LBO) – Sri Lanka's inflation hit an all-time high of 25.0 percent in the 12-months to April 2008 on a new index to measure consumer …
April 28, 2008 (LBO) – Sri Lankan finance companies should reduce maturity mis-matches between their assets and liabilities an official said. When …
April 29, 2008 (LBO) – Sri Lanka's main private sector retirement fund has made billions real losses in in 2007 as the state used the monetary system to …
April 26, 2008 (LBO) – Sri Lankan finance companies should improve governance practices voluntarily before external rules are imposed and whistle-blowers …
April 25, 2008 (LBO) – NDB Bank says it has done well with a low cost to income ratio, and having the lowest non-performing loans among local banks while …
April 24, 2008 (LBO) – Sri Lanka's central bank has given more time for founding directors and chairmen of banks to serve on the boards beyond the …
April 24, 2008 (LBO) – Sri Lanka's Fitch Ratings has confirmed Commercial Bank of Ceylon's 'AA+(lka)' rating with a stable outlook, citing the bank's …
April 24, 2008 (LBO) – Sri Lanka's financial regulator Thursday told finance companies to carefully monitor liquidity and be more aware of risks to …
April 23, 2008 (LBO) – Sri Lanka's Fitch Ratings has upgraded Sanasa Development Bank's speculative grade by one notch to BB(lka) with a stable outlook, …
April 22, 2008 (LBO) – A shareholder has asked Sri Lanka's National Development Bank to return its excess capital to shareholders but its management says …
April 10, 2008 (LBO) - Hongkong and Shanghai Banking Corporation (HSBC) has jumped two places to top the latest Forbes 2000 list of the world’s top …
April 08, 2008 (LBO) - ABC Investments Limited has launched an Islamic credit card in Sri Lanka, in line with Islamic religious teachings and with strict rules …
April 05, 2008 (LBO) – The Merchant Bank of Sri Lanka (MBSL), a unit of state-run Bank of Ceylon , said it plans to get a banking license and expand its …