Rural Savings
Mar 16, 2012 (LBO) - Sri Lanka's state-owned National Savings Bank disbursed more loans through branches in 2011 than in the past after it decentralised …
Banking and Finance
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Moral Suasion
Mar 14, 2012 (LBO) - Sri Lanka's central bank has asked banks to limit credit to buy motor cars, in a bid to reduce imports, as the country faced balance of …
Credit Trend
Mar 10, 2012 (LBO) - Credit to business from Sri Lanka's commercial banks fell to 44.5 billion rupees in January 2012 from 60.2 billion rupees a month earlier, …
Bank Rating
Mar 06, 2012 (LBO) - Fitch Ratings has confirmed an 'AAA(lka)' national rating with a stable outlook for HSBC's branch in Sri Lanka following an outlook …
Capital Boost
Mar 06, 2012 (LBO) - Sri Lanka's listed Sampath Bank is planning to issue subordinated debt to boost its regulatory capital by at least 5. online pharmacy buy …
Merchant Rating
Mar 06, 2012 (LBO) - Sri Lanka's People's Merchant Plc's (PMP) 'BB+(lka)' national rating has been confirmed by Fitch Ratings with a stable outlook. The rating …
Higher Rates
Mar 02, 2012 (LBO) - Capital Alliance Finance Plc, a registered finance company in Sri Lanka said it is offering 14.5 percent for six month fixed deposits …
Asset Quality
Mar 01, 2012 (LBO) - Sri Lanka's Sampath Bank said December 2011 quarter net profit fell 34 percent from a year ago but a rapid growth in staff and branches …
Margin Squeeze
Feb 29, 2012 (LBO) - Sri Lanka' Hatton National Bank group December 2011 profits rose 21 percent from a year earlier to 2. buy antabuse online …
Bank Boss
Feb 28, 2012 (LBO) - Sri Lanka's Commercial Bank said Ravi Dias, its deputy chief executive, would take over as managing director and chief executive of the …
Bank Trend
Feb 28, 2012 (LBO) - Sri Lanka's Commercial Bank said December 2011 quarter net profit rose 12 percent to almost two billion rupees from a year ago with sharp …
Income Gains
Feb 27, 2012 (LBO) - Sri Lanka's National Development Bank (NDB) said December 2011 quarter net profit shot up 69 percent to almost a billion rupees with a …
Credit Trends
Feb 27, 2012 (LBO) - Loans to business from Sri Lanka's commercial banks rose 34.5 percent to 2,005.9 billion rupees in the year to December 2011, with credit …
Tighter Margins
Feb 25, 2012 (LBO) - Profits of Sri Lanka's Nations Trust Bank rose 54 percent in the December 2011 quarter to 363 million rupees from a year earlier, helped …
Capital Cushion
Feb 20, 2012 (LBO) - RAM Ratings Lanka has assigned long- and short-term financial institution ratings of BBB and P2 to Sri Lanka Savings Bank with the …
Private Equity
Feb 20, 2012 (LBO) - Dubai based Abraaj Capital, said it has bought Aureos Capital, a private equity firm that has invested over 1.3 billion dollars in small …
Red Ink
Feb 17, 2012 (LBO) - Sri Lanka's The Finance Company slipped back into the red in the December quarter having broken even the previous quarter although losses …
Orix Net
Feb 16, 2012 (LBO) - Sri Lanka's LOLC group which has interest in financial services, plantations, trading and leisure said net profits for the December 2011 …
Provision Pattern
Feb 14, 2012 (LBO) - Sri Lanka's Seylan Bank December 2011 quarter net profit rose 72 percent to 664 million rupees from a year ago, helped by lower loan loss …
Managing Wealth
Feb 14, 2012 (LBO) - NDB Aviva Wealth Management, a Sri Lankan asset management firm, has chosen Advent Software to provide a wealth management system for …