Housing Billion
February, 21 (LBO) - HDFC Bank, Sri Lanka's largest mortgage lender, is to raise one billion rupees in 10-year funds through a mortgage securitization issue to …
February, 21 (LBO) - HDFC Bank, Sri Lanka's largest mortgage lender, is to raise one billion rupees in 10-year funds through a mortgage securitization issue to …
February 20 (LBO) – Sri Lanka’s Central Bank on Tuesday revised the requirements on single borrower limits to promote better risk management of …
February 20 (LBO) – One of Sri Lanka's youngest listed insurance firms, HNB Assurance closed up 8 percent Tuesday after declaring a one-for-two bonus …
February, 19 (LBO) – Hatton National Bank group profits rose 26 percent in 2006, with revenue growing by 27.5 percent and assets reaching 206 billion …
February 19 (LBO) – Ceylinco Insurance Company said Monday its premium income had grown 19.5 percent to 15.3 billion rupees in 2006. It was promoted by …
February, 18 (LBO) – Sri Lankan borrowers would be allowed to ask for their own credit reports and request changes if they are not correct, from the …
February 15 (LBO) – Sri Lanka financial authorities are clamping down on cheque returns with the help of a newly commissioned digital clearing system, …
February 15 (LBO) - Life Insurance Corporation Lanka is breaking into the untapped pension market in the country offering a long-term product that pays an …
Feb 14, 2007 (LBO) - Sri Lanka has stepped into the murky world of futures and options by hedging part of its future oil payments for March, Ceylon Petroleum …
February 12 (LBO) – The life business of Janashakthi Insurance grew by 26 percent in the year to December with branch expansion driving new business, …
Feb 12 (LBO) – Rating agency Fitch Lanka affirmed Central Finance Company’s A+(lka)’ long-term rating on the strength of its vehicle …
February, 9 (LBO) – A one-off pension charge hit Commercial Bank of Ceylon's earnings in the last quarter, dragging down annual profits despite capital …
February 02 (LBO) – Sri Lanka's banks have reported much smaller volumes than previously expected, though state banks are yet to complete their reports, …
Jan 31, 2007 (LBO) – HSBC in Sri Lanka is hoping to rope in more customers to its phone banking service by offering toll-free services in three languages …
January 30 (LBO) - The central bank is planning to introduce new prudential regulations for credit cards, following their rapid use and growth in lending, an …
January 29, (LBO) - Seylan Bank is raising cash to boost its capital through a debenture issue, the bank said. The Ceylinco group, owns 19 percent of its …
January 29, (LBO) – State Mortgage and Investment Bank has trimmed its non-performing loans sharply, the rating agency Fitch said, affirming the banks' A …
January 26, (LBO) – Fitch Ratings has upgraded National Development Bank's credit outlook to positive from stable, but left the larger Commercial Bank's …
January 24 (LBO) –Commercial Bank of Ceylon and National Development Bank has entered into merger talks, the banks said Wednesday. "In the event the …
Jan 25, 2007 (LBO) – Ceylon Theatres Group which has bagged 70 percent of Commercial Fund Management says it is looking to increase the group's interests …