Cabinet approval to reorganize Non-Bank Financial Institutions Supervision Department
Oct 13, 2020 (LBO) – Sri Lanka’s Cabinet of Ministers has approved a proposal to completely reorganize the Department of Supervision of Non-Bank …
Oct 13, 2020 (LBO) – Sri Lanka’s Cabinet of Ministers has approved a proposal to completely reorganize the Department of Supervision of Non-Bank …
DIMO, the only Authorized General Distributor for Mercedes-Benz and Jeep in Sri Lanka, has continued to highlight its strong commitment towards providing …
Oct 12, 2020 (LBO) – Sri Lanka’s trade deficit improved on a year-on-year basis with the deficit in the trade account in August 2020 narrowing to …
Oct 08, 2020 (LBO) – The COVID-19 crisis in Sri Lanka has substantially clouded the outlook and exacerbated an already challenging macroeconomic …
Oct 07, 2020 (LBO) – The approval of the Cabinet of Ministers was granted at their meeting held in April 2020 for the issuance of orders under the …
Oct 07, 2020 (LBO) – Fitch Ratings has placed Abans Finance PLC’s (AFP) National Long-Term Rating of ‘BB+(lka)’ on Rating Watch Evolving …
Oct 07, 2020 (LBO) – The Commercial Bank of Ceylon has announced the completion of all formalities relating to the private placement of shares with the …
Oct 02, 2020 (LBO ) – A panel of eminent economists urged that the Government take credible and decisive action to prevent a painful debt crisis in Sri …
Nations Trust Bank American Express has partnered with PickMe to make it convenient and rewarding to have your favourite cuisine and groceries delivered to …
Sep 30, 2020 (LBO) – The Advocata Institute has launched its latest public policy discussion series ‘DeepDive’. This series commences …
Sep 29, 2020 (LBO) – Abans PLC, the controlling shareholder of Abans Finance PLC, will be selling its stake in the finance company to Softlogic Capital PLC, …
Sep 29, 2020 (LBO) – Moody’s Investors Service has today downgraded the long-term foreign currency deposit ratings of Bank of Ceylon (BOC), Hatton …
Sep 28, 2020 (LBO) – The Ceylon Chamber of Commerce will be organizing the 20th Sri Lanka Economic Summit (SLES) on the 1st and 2nd of December 2020 at …
Sampath Bank PLC announced the elevation of Rushanka Silva as Deputy Chairman (Non-Independent, Non-Executive Director) and Deshal De Mel as Senior Independent …
Nations Trust Bank is well-known in the banking space for its commitment to digital accessibility and social responsibility. Thus, as the next-step in its …
“Sri Lanka Socio Economic Data – 2020”, the annually published data folder of the Central Bank of Sri Lanka, is now available for public information. The …
By Rajith Perera, Partner/Principal, Financial Accounting Advisory Services, Ernst & Young, Sri Lanka COVID-19 pandemic represents the biggest test of the …
Sep 21, 2020 (LBO) – The committee appointed to look into the irregularities in four state banks during the last 5 years has received over 100 complaints so …
Sep 18, 2020 (LBO) – ICRA Lanka Limited has reaffirmed the issuer rating of Vallibel Finance PLC (VFP or the Company) at [SL]BBB (Pronounced SL triple B) …
Sri Lanka has always been an entrepreneurial nation, with small business as the backbone of the economy and the labour force. Small medium enterprise …