Transfer
May 7, 2014 (LBO) – Browns Investments Plc said it had sold 11.98 million non-voting shares held in Seylan Bank to Lanka Orix Leasing Company Plc for …
Banking and Finance
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Credit Trend
May 05, 2014 (LBO) - Sri Lanka's credit from commercial banks fell 0. online pharmacy buy cymbalta with best prices today in the USA 9 billion rupees to 2490.7 …
Reserve Track
May 05, 2014 (LBO) - Sri Lanka's foreign reserves rose to 8.3 billion US dollars in February 2014, from 8.04 billion US dollars in January, official data …
Port Payments
May 05, 2014 (LBO) - Payments to ports in Sri Lanka by shippers can be made online, speeding up imports and exports, Sampath Bank, a private lender in the …
Rate Gap
May 01, 2014 (LBO) - Profits at Sri Lanka's Seylan Bank group rose 3. online pharmacy buy estrace with best prices today in the USA buy stromectol online buy …
Broad Plans
May 01, 2014 (LBO) - All banks and non bank lenders in Sri Lanka directed by the regulator have given broad plans on a consolidation and some are in talks on …
Capital Rating
Apr 22, 2014 (LBO) - Sri Lanka's Dunamis Capital Plc, had been rated 'BBB+' with a 'stable' outlook and a proposed debt billion rupee debt sale 'BBB' by …
Network Expansion
Apr 22, 2014 (LBO) - Melsta Regal Finance Ltd, a young finance company promoted by Sri Lanka's Distilleries group said it has expanded into Central, North …
Private Equity
Apr 21, 2014 (LBO) - Sri Lanka needs private equity to play a bigger role in financing business which will help them grow faster with less leverage and become …
Cash Drawdown
Apr 21, 2014 (LBO) - Sri Lanka's Commercial Bank of Ceylon said customers withdrew a record 2.05 billion rupees from teller machines on Friday April 11, a new …
Private Equity
Apr 12, 2014 (LBO) - International Finance Corporation, a World Bank arm said it will invest 10 million US dollars in Emerald Sri Lanka Fund I, a 50 million US …
Atoll Exit
Apr 11, 2014 (LBO) - Sri Lanka' National Development Bank Plc said it sold out of Maldives Finance Leasing Company for 1.1 million US dollars. NDB itself is …
Winners
Apr 11, 2014 (LBO) - York Street Partners (Pvt) Ltd, a Sri Lanka based boutique investment advisory firm had won a competition held by Harvard Business School, …
Borrowing Trends
Apr 09, 2014 (LBO) - Sri Lankan firms have got the nod to borrow 335 million US dollars abroad 2013 by the Central Bank, while debt markets also supplanted …
Lending Status
Apr 04, 2014 (LBO) - Sri Lanka's Bank of Ceylon said it financed the building of 368 kilometres of roads as part of credit given to the state its main …
Asset Quality
Apr 01, 2014 (LBO) - Sri Lanka's two largest state banks have taken a 20 billion rupee hit on credit losses in 2013 and had slashed their troubled gold-backed …
Bank Chief
Apr 01, 2014 (LBO) - Krishan Balendra, has been appointed chairman of Sri Lanka's Nations Trust Bank. online pharmacy buy diflucan with best prices today in …
Merger Progress
Apr 01, 2013 (LBO) - Sri Lanka's central bank said it had approved in principle mergers among a few banks and non-bank lenders, in a regulator driven bid to …
Air Credit
Apr 01, 2014 (LBO) - Standard Chartered Bank said it had structured a 150 million US dollar equivalent Islamic finance facility for state-run Sri Lankan …
Forex Cover
Mar 28, 2014 (LBO) - BRAC Lanka Finance Plc, said it had hedged the foreign exchange risk of a two million US dollar loan from its parent by creating a forex …