SMEs to drive banking loan growth going forward: Asia Securities
June 19, 2015 (LBO) – Sri Lanka Asia Securities says that small and medium enterprises (SME) will drive banking loan growth going forward. “The SME sector …
Banking and Finance
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Adam Capital ventures into micro credit business
Jun 18, 2015 (LBO) – Sri Lanka's Adam Capital has incorpotared their micro credit busines under the name of Adam Capital Micro Credit private limited to …
Sri Lanka’s Pan Asia Bank’s senior debt rated “BBB” (lka): Fitch
Jun 17, 2015 (LBO) – Fitch Sri Lanka has rated Sri Lanka’s Pan Asia Banking Corporation proposed listed senior unsecured debentures of up to 4. buy …
![ICRA Lanka assigns [SL] A- rating for Commercial Leasing and Finance proposed debt issue](https://www.lankabusinessonline.com/wp-content/uploads/2015/06/CLC.jpg "ICRA Lanka assigns [SL] A- rating for Commercial Leasing and Finance proposed debt issue")
ICRA Lanka assigns [SL] A- rating for Commercial Leasing and Finance proposed debt issue
June 16, 2015 (LBO) – ICRA, a group company of Moody’s Investors Service has assigned a [SL] A- rating with a stable outlook for the Commercial Leasing and …
Sri Lanka Central Bank establishes legal and compliance Dept
June 12, 2015 (LBO) – The Central Bank of Sri Lanka said that it has established a ‘legal and compliance department’ to entrust the discharge of duties …
Building costs in Sri Lanka higher than other countries in region
Jun 08, 2015 (LBO) – Head of Sri Lanka's Chamber of Construction Industry says building cost in the Island is higher than in some of the other Countries in …
Sri Lanka’s NDB to issue debenture
June 08, 2015 (LBO) – Sri Lanka’s National Development Bank says it will issue 75,000,000 debt with room to offer further. online pharmacy buy estrace with …
Ceylinco Insurance Separates General And Life Businesses
June 03, 2015 (LBO) - Sri Lanka’s Ceylinco Insurance said that it separated its insurance business to continue as two different entities- Ceylinco Life …
Sri Lanka’s National Development Bank subordinated debentures rated A+(lka): Fitch Ratings
Jun, 01, 2015 (LBO) – Sri Lanka’s Fitch Ratings Lanka has assigned National Development Bank proposed subordinated debentures of up to 10 billion rupees a …
UK VISA APPLICANT ARRESTED FOR FRAUD : High Commission
May 26, 2015 (LBO)- Sri Lanka's British High Commission urged visa applicants to be honest in their applications, a statement said. buy doxycycline online …
Sri Lanka’s NDB to go ahead with Rs10bn debenture issue
May 21, 2015 (LBO) - Sri Lanka's National Development Bank plans to sell up to 10 billion rupees of unsecured debentures, subject to regulatory approval, the …
Sri Lanka’s DFCC Vardhana Bank to issue debt
May 20, 2015 (LBO) – Sri Lanka, DFCC Vardhana Bank PLC, is to issue 50,000,000 subordinated and senior unsecured listed redeemable rated debentures at an …
Sri Lanka’s ex central banker calls for tec savy banks to suit modern customers
May 20, 2015 (LBO) – Sri Lanka’s banking sector needs to invest more in modern technology as the new generation is much more tech savvy, a former Central …
Sri Lanka’s DFCC and Vardhana bank to merge
May 18, 2015 (LBO) – Sri Lanka’s DFCC Bank and DFCC Vardhana Bank has applied to the Central Bank for provisional approval to merge, the banks said in a …
Sri Lanka’s Commercial Bank profits up 10-pct to 2.53bn rupees
May 14, 2015 (LBO) - Sri Lanka’s Commercial Bank reported a profit after tax of 2. buy vilitra online …
Sri Lanka’s Islamic banking and finance sector assets grow 42- pct in 2014
May 14, 2015 (LBO) - Sri Lanka’s Islamic Banking and finance (IBF) has grew 42 percent to 50 billion assets in 2014, Minister of Industry and Commerce said …
Sri Lanka’s Central Bank to settle Golden Key depositors: Ravi K assures
May 13, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake says that the Central Bank will take the responsibility of paying the defaulted Golden …
Sri Lanka’s Fitch places People’s Merchant Finance on negative watch; withdraws rating
May 12, 2015 (LBO) - Sri Lanka's Fitch Ratings has placed People's Merchant Finance, national long term rating of 'BB+(lka)' on rating watch negative and …
Sri Lanka’s President discuss 20th amendment with all political parties
May 12, 2015 (LBO) – Sri Lanka’s President Maithripala Sirisena Monday met leaders of all political parties and discussed the proposed electoral reforms at …
Sri Lanka DFCC, NDB merger off; revisit option left open: NDB CEO
May 11, 2015 (LBO) – Sri Lanka’s National Development Bank (NDB), Chief Executive told LBO that although the merger with DFCC is off the option to revisit …