CB extends suspension of Pan Asia Bank primary dealer activities for 6 months
Feb 15, 2018 (LBO) – Monetary Board of the Central Bank has decided to extend the suspension from carrying on primary dealer activities by Pan Asia Bank for …
Feb 15, 2018 (LBO) – Monetary Board of the Central Bank has decided to extend the suspension from carrying on primary dealer activities by Pan Asia Bank for …
Fitch Ratings has assigned Commercial Bank of Ceylon PLC's (CB, AA(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures of up to LKR10 …
Sampath Bank, one of Sri Lanka’s most innovative banks, has become the first bank in the country to partner with Alipay, the world’s largest online and …
Feb 09, 2018 (LBO) - The Central Bank of Sri Lanka (CBSL) in reply to media reports on debt says it compiles and publishes central Government debt based on its …
Feb 06, 2018 (LBO) - Sri Lanka’s Ministry of Megapolis and Western Province Development says that preliminary work on the Light Rail Transport (LRT) project …
Fitch Ratings has assigned Lankaputhra Development Bank Limited (LDB) a National Long-Term Rating of 'BBB-(lka)'. The Outlook is Positive. KEY RATING DRIVERS …
Feb 02, 2018 (LBO) – Janashakthi Insurance is selling its general insurance business to Allianz SE in Germany for 16.4 billion rupees subject to adjustments, …
Feb 01, 2018 (LBO) - LOLC Finance PLC (LOFC) said the company has acquired a 100 percent shares of LOLC Micro Credit for 12.3 billion rupees. The shares …
National Development Bank PLC (NDB) completed the financial year 31 December 2017 with impressive performance across all fronts. Commenting on this …
Jan 12, 2018 (LBO) – Fitch Ratings has assigned Sampath Bank's proposed Basel III compliant subordinated debentures an expected National Long-Term Rating of …
Jan 12, 2018 (LBO) - Sri Lanka's Government will disburse 60 billion rupees through state and private banks while the Treasury will set aside 5 billion …
Jan 08, 2018 (LBO) - Sri Lankan banks are likely to significantly boost issuance of Basel III-compliant Tier 2 instruments in 2018, says Fitch Ratings. Most …
Jan 04, 2018 (LBO) – First Capital Research expects the banking sector to have a steady phase during 2018E-20E with stable credit growth, improving GDP …
Jan 04, 2017 (LBO) - Sampath Bank has launched slip-less transactions to provide their customers greater convenience through a mobile app that is available on …
(PRESS RELEASE) Presents awards for‘Best Digital Bank’ and ‘Best Mobile Banking Application’ in Sri Lanka in 2017 The Commercial Bank of Ceylon PLC …
Jan 04, 2018 (LBO) - Sri Lanka's cabinet of ministers have given approval to raise up to US 2 billion dollars through foreign commercial borrowings and a …
Jan 02, 2018 (LBO) – Sri Lanka’s Central Bank has restricted the withdrawal of maturing deposits and renewal of such deposits of ETI Finance and …
Jan 02, 2018 (LBO) - The Cargills Bank has appointed Rajendra Theagarajah as its Managing Director and Chief Executive Officer effective from January 1. buy …
Jan 02, 2018 (LBO) - Sri Lanka's President Maithripala Sirisena will make a statement on recommendations regarding the final report of the Presidential …
Jan 01, 2018 (LBO) - Sri Lanka's Central Bank said it had decided to extend the time period for the exchange of currency notes at Licensed Commercial Banks …