IB Growth Fund to increase share in Amana Bank through Rights Issue
June 23, 2017 (LBO) - Jeddah-based IDB Group's IB Growth Fund (Labuan) LLP has acquired 1,000 shares in Amana Bank, Thursday at 3.70 rupees each making way …
June 23, 2017 (LBO) - Jeddah-based IDB Group's IB Growth Fund (Labuan) LLP has acquired 1,000 shares in Amana Bank, Thursday at 3.70 rupees each making way …
June 20, 2017 (LBO) – Fitch Ratings says it expects rising domestic interest rates to hurt Sri Lankan corporates over the next 12 months. buy …
June 15, 2017 (LBO) – Sri Lanka’s SME sector has been injected with 719 billion rupees by both state and private sector banks in 2016, with Commercial Bank …
June 14, 2017 (LBO) – Sri Lanka’s DFCC bank on Tuesday said it subscribed to the recent rights issue of Commercial Bank in full. online pharmacy buy …
DFCC Bank and Synapsys along with their partner Oracle recently launched the Oracle Planning and Budgeting Cloud Service together with a Customer Profitability …
Jun 07, 2017 (LBO) - Sri Lankan banks are likely to come under increased capital pressure from Basel III-related requirements, Fitch Ratings said in a …
June 07, 2017 (LBO) – Sri Lanka’s cabinet has approved a proposal to infuse 5 billion rupees to state-owned People's Bank in order to comply with new …
Jun 07, 2017 (LBO) - The Saudi Fund for Development is looking to provide credit facilities for Sri Lankan firms to import raw materials from Saudi Arabia. …
Sustaining its unblemished track record, LOLC Group concluded an excellent year sealed by its strongest financial performance to date. For the year ended 31st …
May 29, 2017 (LBO) - Sri Lanka's newer entrants into the apartment development industry will find it difficult to compete with established players as a result …
May 25, 2017 (LBO) – Sri Lanka’s DFCC Bank Wednesday sold 1.18 percent of the issued voting shares in Commercial Bank, the bank said in a stock exchange …
May 24, 2017 (LBO)- People`s Merchant Finance (PMF) had sold its 108-perch property in Colombo 02 to People's Bank for 1.04 billion rupees in order to help …
May 24, 2017 (LBO) - Sri Lanka's Commercial Bank’s Online Banking platform has been further enhanced with the introduction of electronic fixed deposits …
(PRESS RELEASE) Loan book tops Rs 659 billion Deposits gain momentum to Rs 781 billion Increased cost of funds reduce margins Higher taxes impact bottom line …
(PRESS RELEASE) - Sampath Bank surpassed Rs 2.0 billion mark to achieve post tax profit (PTP) of Rs 2.3 billion for the quarter ended March 31, 2017. This …
May 02, 2017 (LBO) - Total vehicle registrations in Sri Lanka recorded 39,173 units in March, significantly up from 30,036 the previous month, with a rebound …
Apr 28, 2017 (LBO) – Sri Lanka’s Hatton National Bank is to issue up to 70,082,228 new ordinary shares by way of a rights issue, the company said in a …
Apr 27, 2017 (LBO) - Sri Lanka's Finance Minister said he was optimistic about talks on reaching a staff level agreement with the International Monetary Fund …
Apr 27, 2017 (LBO) - Sri Lanka's economic performance in 2016 reconfirmed the necessity of addressing deep rooted structural issues, in order to enable the …
Apr 26, 2017 (LBO) - Japanese firm Belluna Co. Ltd and Asia Capital PLC celebrated the groundbreaking ceremony of their joint venture on a US 54 million …