Credit Trend
Sep 02, 2013 (LBO) - Sri Lanka's commercial bank credit to private borrowers hit a 10 months high in July after a reserve ratio cut, while credit to state and …
Banking and Finance
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Credit Snapshot
Aug 27, 2013 (LBO) - Sri Lanka's Nations Trust Bank expects loan growth to pick up towards the end of the year but the lender will be cautious and maintain …
Credit Transition
Aug 21, 2013 (LBO) - Sri Lanka's private sector credit utilization is higher than bank loan data suggest due to structural changes that are taking place this …
Credit Trend
Aug 19, 2013 (LBO) - Credit to the state spiked in June 2013 to 36. buy chloroquine online …
Capital Boost
Aug 15, 2013 (LBO) - The capital of Sri Lanka's state-run People's Bank will be increased to keep pace with higher business volumes information minister …
Weak Quarter
Aug 15, 2013 (LBO) - Profits at Sri Lanka's Sampath Bank fell 48 percent to 651 million rupees amid higher charges for losses on gold-backed loans, interim …
Higher Profits
Aug 15, 2013 (LBO) - Profits at Sri Lanka's National Development Bank group rose 297 percent to 797 million rupees in the June 2013 quarter helped by strong …
Gilt Glitter
Aug 14, 2013 (LBO) - Defaults in Sri Lanka's gold-backed loans will grow and keeping defaulters out of a credit information system increases moral hazard by …
Tight Quarter
Aug 14, 2013 (LBO) - Profits at Commercial Bank of Ceylon, Sri Lanka's largest private lender fell 5.0 percent to 2.3 billion rupees in the June 2013 quarter, …
Asset Rich
Aug 13, 2013 (LBO) - Profits at Sri Lanka's DFCC Bank group was flat at 595 million rupees for the June 2013 quarter from a year earlier, while the company …
One Offs
Aug 13, 2013 (LBO) - Profits at Sri Lanka's Hatton National Bank rose 27 percent to 2.1 billion rupees in the June 2013 quarter from a year earlier, helped by …
Core Capital
Aug 12, 2013 (LBO) - Sri Lanka's banks had reasonable capital buffers, higher than Vietnam and India but when adjusted for gold loans and some state exposures, …
Settlement Plan
SAN FRANCISCO, August 11, 2013 (AFP) - Online financial transactions titan PayPal says it is keen to collaborate with others as it strives for a cash-free …
Dollar Finance
Aug 09, 2013 (LBO) - Sri Lanka's Dialog Axiata, the country's largest mobile operator said it had raised 200 million US dollars from a syndicated loan. online …
Rating Confirmed
Aug 09, 2013(LBO) – RAM Rating has confirmed Commercial bank’s rating at AA+ with a stable outlook. Media contact Nilusha Fonseka (9411) 2553089 …
Bank Award
Aug 08, 2013 (LBO) - HSBC said it had been named the best internet bank by Gobal Finance, a magazine for the eight year running. HSBC’s Internet banking …
Brand Award
Aug 07, 2013 (LBO) - Sri Lanka' state-run Bank of Ceylon said it had been recognized as one of 35 best brands in Asia by Mumbai-based Chief Marketing Officer …
Liquidity
Aug 01, 2013 (LBO) - Sri Lanka's central bank has bought Treasury Bills to meet government cash flow needs but is draining the liquidity though open market …
Rate Effect
July 30, 2013 (LBO) - Profits at Sri Lanka's Seylan Bank fell 13 percent to 484 million rupees in the March 2013 quarter amid rising interest costs, interim …
Credit Board
July 29, 2013 (LBO) - Sri Lanka's industry and commerce ministry said it had appointed a four person body to approve credit agencies under powers of Sri …