DFCC priced rights issue at a 56-pct discount to NAV to attract shareholders: CEO
Apr 08, 2019 (LBO) – Chief Executive Officer of Sri Lanka’s DFCC bank says that they wanted to make the rights issue attractive to shareholders by …
Apr 08, 2019 (LBO) – Chief Executive Officer of Sri Lanka’s DFCC bank says that they wanted to make the rights issue attractive to shareholders by …
Professor Malik Ranasinghe, who was the Deputy Chairman of Sampath Bank since August 2016, will take on his new role from the 2nd April 2019 as the Chairman of …
Apr 03, 2019 (LBO) – Publicly listed company AIA Insurance Lanka announced that it will delist the Company’s shares from the official list of the Colombo …
Apr 02, 2019 (LBO) – Fitch Ratings has assigned Commercial Bank of Ceylon's proposed Basel III-compliant subordinated unsecured debentures an expected …
Apr 02, 2019 (LBO) – Vikas Arora has assumed the role of Sri Lanka’s Chief Country Officer and General Manager of Deutsche Bank AG Colombo Branch effective …
Apr 01, 2019 (LBO) - Sri Lanka's Finance Ministry said it had disbursed 79 billion rupees to 46,673 persons under the Enterprise Sri Lanka loan scheme so …
Mar 28, 2019 9LBO) - After becoming the first company in the world to secure uncompensated carbon neutral certification for its tea growing, manufacturing and …
(PRESS RELEASE) The Commercial Bank of Ceylon has been adjudged Sri Lanka’s Best Bank in 2019 by the USA-based Global Finance magazine, giving the Bank its …
Mar 22, 2019 (LBO) - The Export- Import Bank of China (EXIM Bank) has agreed to provide a concessional loan amounting to US 989 million dollars covering 85 …
Mar 22, 2019 (LBO) - Sri Lankan banks have been able to manage the capital impact of first-time adoption of SLFRS 9 accounting standards, in line with our …
Mar 22, 2019 (LBO) - Standing dispute adjudication boards in construction projects should seriously practice their role in dispute avoidance in …
Mar 21, 2019 (LBO) - Fitch Ratings expects Sri Lankan non-banking financial institutions (NBFI) to continue to face pressure on asset quality and profitability …
Mar 19, 2019 (LBO) - Envisioning the future of banking convenience Seylan Bank’s Deputy General Manager- Retail Banking, Tilan Wijeyesekera discusses the …
Mar 18, 2019 (LBO) - Sri Lanka's President Maithripala Sirisena will launch a National Action Plan for combating bribery and corruption, Monday. Four …
March 17, 2019 (LBO) - Banking institutions over the last few months seem to be making an aggressive push to raise capital through rights and debenture issues. …
Mar 14, 2019 (LBO) - The trade deficit declined significantly in December 2018 (year-on-year) with a notable deceleration in import expenditure, data shows. …
Mar 12, 2019 (LBO) - Achieving Sri Lanka's deficit and debt targets will be challenging without a significant increase in fiscal policy effectiveness and …
Mar 05, 2019 (LBO) - Sri Lanka's Budget – 2019 will focuses on Enterprise Sri Lanka empowering the people and nurturing the poor, the Finance Ministry said. …
Feb 28, 2019 (LBO) – Fitch Ratings has assigned National Development Bank's proposed Basel III-compliant subordinated debentures a final National Long-Term …
Feb 28, 2019 (LBO) – Fitch Ratings has revised the Outlook on the National Insurer Financial Strength (IFS) Ratings of life insurer HNB Assurance and its …