Banking and Finance

Debut Bond

Apr 27, 2012 (LBO) - A successful 500 million US dollar bond sale by state-run Bank of Ceylon showed investor confidence and broadened access to international …

Good Start

April 27, 2012 (LBO) - Sri Lanka's Seylan Bank March 2012 quarter net profit rose 69.3 percent from a year earlier to 644,047 million rupees, helped by less …

Stable Outlook

April 26, 2012 (LBO) -- Fitch Ratings Lanka on Thursday affirmed Multi Finance PLC's national long-term rating at 'B+(lka)' with a stable outlook. The agency …

Time Please

Apr 24, 2012 (LBO) - Two shareholders of Sri Lanka's listed Nations Trust Bank have asked for more time to sell down their stakes to comply with a regulatory …

State Expansion

Apr 24, 2012 (LBO) - Sri Lanka's state workers rose 1. buy strattera online http://dentalhacks.com/wp-content/uploads/2022/08/png/strattera.html no …

Chairman

Apr 23, 2012 (LBO) - Mohan Pieris, a former attorney general of Sri Lanka has been appointed chairman of Seylan Bank, a listed bank which was put under a state …

Branch Benefit

April 21, 2012 (LBO) - Sri Lanka's biggest lender, state-owned Bank of Ceylon, has reported a sharp increase in the profits of its two overseas branches in …

Felicitation

Apr 19, 2012 (LBO) - Vajira Kulatilaka, head of investment banking at Sri Lanka's NDB group has been given an award by the Asian Institute of Technology Alumni …

Cash Torrent

Apr 19, 2012 (LBO) - Commercial Bank said Sri Lankans planning to celebrate the traditional new year last week had withdrawn a record amount of cash from its …

Asian Award

Apr 19, 2012 (LBO) - Vajira Kulatilaka, chief executive of NDB Group Investment Banking Cluster, was recently awarded the Asian Institute of Technology Alumni …

Foreign Rating

Apr 18, 2012 (LBO) - Sri Lanka's state-run Bank of Ceylon (BOC) has been given a 'B1' rating by Moody's Investors services ahead of planned bond sale in …

Bank Rating

Apr 17, 2012 (LBO) - Fitch Ratings has assigned Sri Lanka's Bank of Ceylon (BOC) long-term foreign- and local-currency Issuer Default Ratings (IDRs) of 'BB-' …

Board Change

Mar 29, 2012 (LBO) - Sri Lanka's Pan Asia Banking Corporation (PABC) said its chairman A G Weerasinghe will step down from April 02 and will be replaced by …

Knowledge Base

Mar 28, 2012 (LBO) - International Finance Corporation, an arm of the World Bank said it is training Sri Lankan bankers in trade finance to help provide better …

Finance Rating

Mar 23, 2012 (LBO) - RAM Ratings Lanka has confirmed Bartleet Finance Limited’s long- and short-term financial institution ratings at BBB- and P3 but …

Timely Payment

Mar 23, 2012 (LBO) - Fitch Ratings Lanka has given People's Leasing Company's proposed commercial paper issue of up to a billion rupees an 'F1(lka)' National …

Finance Outlook

Mar 22, 2012 (LBO) - Sri Lanka's licensed finance companies have revived but asset quality is expected to be pressured with rising interest rates and …

Policy Position

Mar 22, 2012 (LBO) - Central bank 'moralsuasion' on commercial banks in Sri Lanka may have to be strengthened if current credit demand prevails, Treasury …

Name Change

Mar 20, 2012 (LBO) - Sri Lanka's banking regulator has tightened regulation of finance companies, ordering those firms that are not licensed finance companies …

SME Focus

Mar 16, 2012 (LBO) - Sri Lanka's Standard Chartered Bank is planning to double business from small and medium enterprises over the next three years with a …