Outlook Revision
Aug 23, 2012 (LBO) - Fitch Ratings has confirmed an 'AA(lka)' rating of Sri Lanka's Sampath Bank but cut its outlook to stable from positive, saying its core …
Banking and Finance
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Bank Net
Aug 14, 2012 (LBO) - Sri Lanka's Commercial Bank of Ceylon reported profits of 2. online pharmacy buy phenergan with best prices today in the USA buy ventolin …
Credit Trend
Aug 13, 2012 (LBO) - Loans from Sri Lanka's banking system fell to 13. online pharmacy buy spiriva inhaler with best prices today in the USA 5 billion rupees …
Financial Access
Aug 13, 2012 (LBO) – Sri Lanka's efforts to establish banking services in the former war-torn areas included 'laundering' soiled money held by displaced …
Toll Tale
Aug 10, 2012 (LBO) - Sri Lanka could use private financing to fund growing infrastructure requirements like toll roads in future given the inability of …
Sri Lanka allows transfers from NRFC accounts
Aug 09, 2012 (LBO) – Sri Lanka's Central bank has relaxed exchange control regulations to allow the free transfer of funds from non-resident foreign …
Money Transfer
Aug 09, 2012 (LBO) – Sri Lanka's Central bank has relaxed exchange control regulations to allow the free transfer of funds from non-resident foreign …
Reserve Kitty
August 07, 2012 (LBO) – Sri Lanka’s foreign reserves stood at over seven billion dollars as at end July largely due to proceeds from the one …
Financial Intelligence
August 02, 2012 (LBO) – The Financial Intelligence Unit (FIU) of Sri Lanka's Central Bank has signed a Memoranda of Understanding (MOU) with FIUs of …
Longer Horizon
August 01, 2012 (LBO) – Sri Lanka’s newest mutual fund operator, Orient Wealth Limited plans to raise about a billion rupees by attracting …
Tight Quarter
July 30, 2012 (LBO) - Sri Lanka's Union Bank group has report net profits of 27.4 million rupees for the June 2012 quarter, down 61.5 percent from a year …
More Banking
July 26, 2012 (LBO) - Sri Lanka's Amana Bank, an Islamic bank said it has started banking services Saturday. Amana Bank has now opened its doors for banking on …
Stable Level
July 26, 2012 (LBO) - RAM Ratings Lanka said it had confirmed an 'AA' rating of Sri Lanka's Sampath Bank with a stable outlook. "The ratings are supported by …
Loan Growth
July 26, 2012 (LBO) - Sri Lanka's PABC Bank has reported profits of 159 million rupees in the June 2012 down 24 percent from a year earlier, amid a steep rise …
Regional Rating
July 25, 2012 (LBO) - Fitch Ratings has confirmed a 'BBB+(lka)' rating of Sri Lanka's state-run Regional Rural Development Banks with a stable outlook. "RDB's …
Clear Path
July 20, 2012 (LBO) – LankaClear Private Limited, Sri Lanka’s main cheque and electronic clearing house, is spending 300 million rupees to deploy a …
Investment Award
July 17, 2012 (LBO) - NDB Investment Bank, a unit of Sri Lanka's NDB group said it had been ranked the best investment bank in Sri Lanka by Euromoney, a …
Securitization
July 13, 2012 (LBO) - Sri Lanka's Multi Finance Plc, a registered finance company said it had raised 350 million rupees from the sale of asset-backed …
Credit View
July 10, 2012 (LBO) - Ram Ratings Lanka has downgraded the Bimputh Lanka Investments Plc, from 'BB' to 'BB-' after a related sugar mill was expropriated by the …
Credit Trend
July 09, 2012 (LBO) - Credit to the state from Sri Lanka's banking system eased in May 2012 and loans to business were back at levels seen before the Central …