Central Bank says no new licenses for finance companies
Sept 09, 2016 (LBO) – Sri Lanka’s Central Bank says it will not issue new licenses for finance companies and, as a result, licenses of existing companies …
Sept 09, 2016 (LBO) – Sri Lanka’s Central Bank says it will not issue new licenses for finance companies and, as a result, licenses of existing companies …
Sept 07, 2016 (LBO) - Big banks have turned to the powerful worldwide legal system and commandeered it for profit, exploiting countries like Sri Lanka in the …
Sep 06, 2016 (LBO) - Uber, the smartphone app that connects riders to drivers, has launched cash payments as an option in Colombo giving users options to …
Sep 05, 2016 (LBO) - Sri Lanka signed a 100 million US dollar credit from the International Development Association (IDA), an arm of the World Bank, today to …
Sep 01, 2016 (LBO) - The International Finance Corporation, a part of the World Bank group, is ready to finance Sri Lanka’s private sector projects by …
Sept 01, 2016 (LBO) - The Hatton National Bank PLC board has approved issuing shares for 50 million dollars to the Asian Development Bank by way of a private …
COLOMBO, Aug 31 (Reuters) - The Sri Lankan rupee traded steady on Wednesday, a day after the country's Central Bank Governor Indrajith Coomaraswamy said the …
Aug 30, 2016 (LBO) – Sri Lanka’s Central Bank has decided to keep its key interest rates steady despite rising inflation and high private sector credit …
Aug 26, 2016 (LBO) - Chief Executive Officer of National Development Bank, Rajendra Theagarajah will resign with effect from November 30 and Chairman of the …
Fitch Ratings-Singapore/Hong Kong-22 August 2016: Fitch Ratings believes that various regulatory initiatives in the region could lead indirectly to greater …
(PRESS RELEASE) - Amana Takaful Life Limited (ATLL), a fully-owned subsidiary of Amana Takaful PLC, rang the opening bell to commence trading and celebrate the …
Aug 16, 2016 (LBO) – The shares of Amana Takaful Life Limited will be listed on the Colombo Stock Exchange on Thursday, the company said in a stock exchange …
Aug 16, 2016 (LBO) – Sri Lanka’s LOLC group, which has interests in financial services, insurance, plantations, trading and leisure, said net profit for …
The Commercial Bank of Ceylon has extended its growth momentum into the second quarter of the year to record robust performance indicators for the six months …
Aug 11, 2016 (LBO) – Group profits at Sri Lanka’s Hatton National Bank surged 41 percent to 3.3 billion rupees in the June 2016 quarter from a year earlier …
Aug 10, 2016 (LBO) – Sri Lanka’s proposed Financial City aims to attract a client deposit base worth 10 percent of the island’s GDP within a period of 5 …
Aug 02, 2016 (LBO) – Net profits at Sri Lanka’s Sampath Bank group rose 54 percent to 2.5 billion rupees in the June quarter from a year earlier, interim …
Aug 02, 2016 (LBO) – Sri Lanka’s Commercial Bank is to raise 7.0 billion rupees from a listed debenture issue, the bank said in a stock exchange filing. …
Aug 02, 2016 (LBO) – Fitch Ratings has affirmed the ratings of 10 Finance Companies following its periodic review of the large and midsized finance …
Aug 01, 2016 (LBO) – Sri Lanka Seylan Bank group recorded a net profit of one billion rupees in the June 2016 quarter up 1 percent from the same period last …