The Sri Lanka Banks Association (SLBA) has issued a statement defending the use of Parate Execution as a legal remedy for recovering mortgaged assets from …
Standard Chartered Sri Lanka announced the conclusion of its Correspondent Banking Regional Conference for 2023, held at the Galle Face Hotel on November 23 …
The Commercial Bank of Ceylon has raised Rs 12 billion in capital with its Debenture issue closing after over subscription on its opening day, Tuesday 12th …
Port City Colombo (PCC) showcased its commitment to sustainable development and global economic cooperation at the third Commonwealth Trade and Investment …
Fitch Ratings has downgraded Singer Finance (Lanka) PLC's (SFL) National Long-Term Rating to 'BBB(lka)' from 'BBB+(lka)'. The Outlook is Stable. Fitch has also …
In a press conference held recently at the Leader of the Opposition's office, Member of Parliament, Dr. Harsha de Silva provided crucial insights into the …
The Colombo Stock Exchange (CSE), in collaboration with the Global Reporting Initiative (GRI), developed the 3rd version of the sustainability reporting guide, …
Fitch Ratings has assigned DFCC Bank PLC's (A-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to LKR8 …
Fitch Ratings has placed Bank of Ceylon's Viability Rating (VR) of 'cc' on Rating Watch Negative (RWN). At the same time, Fitch has affirmed BOC's Long-Term …
The Colombo Stock Exchange (CSE) has approved in principle the listing of Commercial Bank of Ceylon’s Rs 6 billion Debenture Issue opening on Tuesday 12th …
The Ceylon Chamber of Commerce will host the Sri Lanka Economic Summit 2023 on November 28th and 29th at the Shangri-La Hotel, Colombo, with President Ranil …
Having carried out a successful Rights Issue with the objective of meeting the enhanced regulatory minimum capital, Amana Bank recently listed its Rights Issue …
Heralding its entry into the digital payment space, Commercial Credit and Finance PLC (CCF) recently announced its acquisition of a 19.99% stake in Mega …
Fitch Ratings has assigned Bank of Ceylon's (BOC) (CC/CCC-/A(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures of up to LKR10 billion …
Rising gold-backed lending among Sri Lanka’s finance and leasing companies (FLC) sector is exposing financiers to higher collateral price risk and making …
Fitch Ratings has assigned National Development Bank PLC's (NDB, A-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated …
A heightened emphasis on lending has seen the Commercial Bank Group increase gross loans and advances by Rs 51.404 billion in the third quarter of 2023 at a …
The World Bank Executive Board approved US$ 150 Million under the Sri Lanka Financial Sector Safety Net Strengthening Project to strengthen the financial and …
What is Stock Borrowing and Lending (SBL)? Stock Borrowing & Lending (SBL) is a mechanism that is introduced by the Colombo Stock Exchange (CSE) through …
Gary Mehigan, the renowned British-Australian Michelin Star celebrity chef and much-famed former original judge of MasterChef Australia, is gracing the shores …