Commercial Bank operating profit down by 4.6-pct, PAT up due to concessions
May 14, 2020 (LBO) – Operating profit before taxes on financial services of Sri Lanka’s Commercial Bank for the first quarter declined by 4.6%, interim …
May 14, 2020 (LBO) – Operating profit before taxes on financial services of Sri Lanka’s Commercial Bank for the first quarter declined by 4.6%, interim …
May 13, 2020 (LBO) – Sri Lanka's Central Bank has decided to reduce the minimum requirement of Liquidity Coverage Ratio and Net Stable Funding Ratio to 90 …
May 13, 2020 (LBO) – Sri Lanka's Central Bank has issued directions to licensed banks restricting their discretionary payments with the aim of maintaining …
May 13, 2020 (LBO) – Operating profit of Sri Lanka's Sampath Bank for the first quarter, which is the real return generated by utilizing the assets and …
May 12, 2020 (LBO) - The European Commission has de-listed Sri Lanka from its list of High Risk Third Countries with Anti- Money Laundering and Countering the …
May 11, 2020 (LBO) - Research Intelligence Unit (RIU) webinar discusses current real estate market, building resilience and exploring new
May 11, 2020 (LBO) - The Advocata Institute hosted an online discussion on Zoom with Yvette Fernando (Assistant Governor, Central Bank of Sri Lanka), Manil …
May 06, 2020 (LBO) – Sri Lanka's Central Bank urges financial institutions to reduce lending rates without further delay. Failing which, the Central Bank …
May 06, 2020 (LBO) - The Monetary Board of the Central Bank of Sri Lanka, at a special meeting held on 06 May 2020, reviewed the current monetary policy stance …
May 06, 2020 (LBO) - Fitch Ratings has downgraded in May 2020 three Sri Lankan banks' issuer default ratings after it downgraded Sri Lanka's sovereign rating …
Kithmina Hewage and Harini Weerasekera As of January 2018, there were six million active social media users in Sri Lanka, accounting for 30% of the population. …
May 04, 2020 (LBO) - Sri Lanka's Seylan Bank PLC staff apart from delivering essential services, contributed a days salary and the bank contributed an equal …
May 01, 2020 (LBO) – Sri Lanka's Central Bank has extended the deadline (30.04.2020) for submitting requests for debt moratoriums and 4 percent per annum …
Apr 30, 2020 (LBO) - Fitch Ratings has downgraded the rating on SriLankan Airlines Limited's (SLA) USD175 million government-guaranteed 7% unsecured bonds due …
Apr 29, 2020 (LBO) - Former Finance Minister Mangala Samaraweera in a letter to President Gotabaya Rajapaksa has urged him to exercise his powers as the Head …
By Blue Ocean Group of Companies Time in the Market Is Better Than Timing the Market The COVID-19 pandemic has swept across the world, not merely spreading …
Apr 24, 2020 (LBO) – Monetary Board of the Central Bank of Sri Lanka has granted approval for Union Bank of Colombo to cease its operations as a Primary …
Apr 21, 2020 (LBO) - Fitch Ratings Lanka has affirmed Standard Chartered Bank, Sri Lanka Branch's (SCBSL) National Long-Term Rating at 'AAA(lka)'. The Outlook …
Bilesha Weeraratne Growing pressure on Sri Lanka’s scarce foreign exchange resources, due to the wide spread of COVID-19 across the globe, is now more real …
Apr 20, 2020 (LBO) – Moody's Investors Service has placed the B2 long-term local currency deposit and foreign currency issuer ratings of Bank of Ceylon …