July 26, 2018 (LBO) - Shemara Wikramanayake is set to take over as CEO of global investment bank Macquarie in November of 2018. Ms. Wikramanayake was born …
July 25, 2018 (LBO) – Monetary Board of the Central Bank of Sri Lanka has decided to cancel the Licence issued to Standard Credit Finance Limited with effect …
By Nandika Buddhipala Introduction The origination of financial reporting can be closely connected to the requirement to collect and record data which evolved …
July 25, 2018 (LBO) - Colombo Stock Exchange listed Union Bank of Colombo (UBC) reported lacklustre results for the quarter ended June 2018. These results …
Jul 25, 2018 (LBO) - Sri Lanka signed a US 100 million dollas credit agreement with the World Bank to support Sri Lanka’s efforts to strengthen and …
Jul 25, 2018 (LBO) - Sri Lanka's government approved a Cabinet paper to write off non-consumption loans up to 100,000 rupees given to women by all …
Jul 24, 2018 (LBO) - Fitch Ratings has maintained Housing Development Finance Corporation Bank of Sri Lanka's (HDFC Bank) National Long-Term Rating of …
MEDIA RELEASE July 22, 2018 (LBO) - Guardian Acuity Asset Management underlined its position as one of Sri Lanka’s leading unit trust management companies, …
July 20, 2018 (LBO) - Central Bank of Sri Lanka (CBSL) registered finance company Multi Finance is to increase its capital base by way of private placement. …
July 20, 2018 (LBO) - Colombo Stock Exchange listed company Nation Lanka Finance PLC (CSF) has turned a profit in the quarter ended June 30, 2018. The …
Arab Jordan Investment Bank, CargoSmart, and Intelipost are among early adopters of enterprise-class distributed ledger service July 16, 2018 (media …
The Commercial Bank of Ceylonhaslaunched Sri Lanka’s first fully-fledged DigitalBankAccountdesigned to be the next evolution in digital financial services …
Mastercard unveiled an enhanced suite of benefits and privileges exclusively for World and Platinum Mastercard consumer credit cardholders in Sri Lanka. buy …
July 17, 2018 (LBO) – Fitch Ratings Lanka has downgraded Melsta Regal Finance's National Long-Term Rating to 'B(lka)' from 'A+(lka)' and removed the Rating …
July 12, 2018 (LBO) – Process of amalgamating Associated Motor Finance (AMF) with Arpico Finance Company (AFC) which commenced in August 2017 is expected to …
July 10, 2018 (LBO) – Monetary Board of the Central Bank has instructed Swarnamahal Financial Services PLC (SFSP) to pay urgently 10 percent of deposit …
July 03, 2018 (LBO) – Fitch Ratings has assigned Commercial Bank proposed Basel III-compliant subordinated unsecured debentures a final National Long-Term …
July 02, 2018 (LBO) – Commercial Bank has appointed Sivakrishnarajah Renganathan as the new Managing Director and Chief Executive Officer of the bank since …
June 28, 2018 (LBO) – ICRA Lanka, a group company of Moody’s Investors Service is cognisant of the asset quality deterioration in licensed finance …
June 28, 2018 (LBO) – Fitch Ratings Lanka has revised the outlook on Amana Bank to Positive from stable and has affirmed its National Long-Term Rating at …