Fitch Downgrades Singer Finance, Places Four Sri Lankan Finance & Leasing Companies on RWN
Fitch Ratings has downgraded Singer Finance (Lanka) PLC’s (SFL) National Long-Term Rating to ‘A-(lka)’ from ‘A(lka)’ and placed …
Fitch Ratings has downgraded Singer Finance (Lanka) PLC’s (SFL) National Long-Term Rating to ‘A-(lka)’ from ‘A(lka)’ and placed …
Sri Lanka’s Central Bank has decided to implement new regulatory measures to support the banking sector to facilitate effective financial intermediation …
The Sri Lankan mutual fund industry experienced large outflows in March 2022 with total assets under management (AUM) shrinking by more than 8% to LKR178 …
Total assets cross Rs 2 Tn., first private sector bank to achieve the milestone Mainly influenced by Rupee devaluation, loan book grows by Rs 133 Bn., deposits …
Sellathurai Prabagar appointed new COO in smooth succession at country’s top private sector bank The Commercial Bank of Ceylon PLC has announced the …
Advocata’s Bath Curry Indicator (BCI) , which tracks the monthly changes in the retail price of food, recorded an increase of 14% from March 2022 to …
Sri Lanka High Commission in London in partnership with the CHEC Port City Colombo (Pvt) Ltd and Commonwealth Enterprise and Investment Council organised a …
The Big Life magazine in partnership with Cipla, a leading pharmaceutical company has organized a fun cycle ride on Saturday, May 7th. to mark World Asthma Day …
Sampath Bank PLC announced that its connection to UnionPay International (UPI) is now complete and that the Sampath Bank Payment Gateway powered by UnionPay …
Shamindra Marcelline, Chief Executive Officer of People’s Leasing & Finance has been bestowed with the award ‘CEO of the Year 2022’ from Sri …
People across Sri Lanka are struggling to get hold of daily essentials as the country faces its worst economic crisis in decades. Sri Lanka is mired in public …
CAPTION: Nadie Fernando – NDB Chief Manager Product Development, Gihan Punchihewa – NDB Head of Privilege and Privilege Select Banking, Zeyan …
In a ground-breaking initiative aimed at combatting fraud and corruption, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) joined hands with …
President Gotabaya Rajapaksa informed Saudi Arabian Foreign Minister Faisal bin Farhan Al Saud that he would like to invite Saudi Arabia to make direct …
Fitch Ratings has withdrawn the expected National Long-Term Rating of ‘BBB+(EXP)(lka)’ assigned to HNB Finance PLC’s (HNBF; A(lka)/Stable) …
March 1, 2022 (LBO) – They don’t make them like they used to anymore. Senior corporate personality Sega Nagendra passed away suddenly on 28th of …
Commercial Bank of Ceylon PLC has announced the appointment of top academic Prof. A. K. W. Jayawardane as Chairman, and accomplished international investment …
Regional fuel prices are significantly higher than Sri Lanka Sri Lanka pitches into darkness and its people form lines at fuel stations due to the ongoing …
The Group achieved a record Profit Before Tax of LKR 10.4 billion, for the twelve months ended 31st December 2021 – a growth of 38% compared to the …