Settling Debts
Sept 14 (LBO) – Sri Lanka’s private port operator South Asia Gateway Terminals said Thursday that it has raised 48 million dollars through a …
Sept 14 (LBO) – Sri Lanka’s private port operator South Asia Gateway Terminals said Thursday that it has raised 48 million dollars through a …
Sept 13 (LBO) – Sri Lanka’s largest leasing company People’s Leasing got a stable A-(lka) long term rating from Fitch Ratings Lanka, led by …
September 12, 2006 (LBO) – Sri Lanka's banks has sought extra time from monetary authorities to report dormant accounts with only ten banks reporting …
September 12, 2006 (LBO) – Sri Lanka’s Janashakthi Insurance Company Ltd said its profits grew 324 percent to 209.5 million during the financial …
Sept 11, 2006 (AFP) - Finance ministers and top officials from Commonwealth countries meeting Monday in Sri Lanka's capital said they will seek ways to cancel …
September 11, 2006 (LBO) -- Sri Lanka's Central Bank is spearheading a campaign to push up foreign exchange remittance from countrymen residing overseas, in an …
Sep 7, 2006 (LBO) - The credit information has started to clear the credit records of former defaulters who have repaid their loans, a top official said. …
September 04, 2006 (LBO) – The Distilleries Group is in talks to increase their equity stake in its fund management unit National Asset Management Ltd or …
Sep 04, (LBO) - Sri Lanka’s central bank, which froze the bank accounts of a charity operating in the country’s North and East areas said Monday, …
Sep 04, (LBO) - Finance ministers of commonwealth countries will try to find ways to improve aid delivery to developing countries and made aid more effective, …
Sept 04 (LBO) – NDB Bank said Monday that it had picked up a balance 70 percent stake in NDB Housing Bank, following Central Bank approval. NDB Bank held …
August 25, 2006 (LBO) – Cheque usage in Sri Lanka has rocketed up, after an image clearing system is speeding up clearing, an official said. Sri Lanka's …
Aug 24, 2006 (LBO) – Sri Lanka's accounting watchdog has formed a committee to of experts to facilitate the flow emerging trends in accounting and …
August 24, 2006 (LBO) – Sri Lanka's financial intelligence unit is looking to raise the threshold on money transactions that have to be reported to …
August 23, 2006 (LBO) – Vanik Inc., Wednesday offered creditors a chance of swapping their debt in return for equity, and also disclosed plans to reduce …
August 23, 2006 (LBO) – Overseas Realty Ceylon said Wednesday they would raise 1.25 billion rupees through a rights issue to buy up of a 60 percent stake …
August 22, 2006 (LBO) – Commercial Bank of Ceylon Tuesday posted a 69 percent rise in group profits for the six months to June boosted by growth in net …
August 22, 2006 (LBO) – Sri Lanka's long-suffering fund management industry is working with market regulators to promote closed-end funds and give an …
August 21, 2006 (LBO) -- Depositors who have money and other assets in Sri Lanka's bank have till the end of the month to reactivate their accounts, and …
August 17 (LBO) - Fitch Ratings has given the flagship finance company of Sri Lanka’s Ceylinco Group, a BBB (lka) rating with a stable outlook, the …