Weak Quarter
Aug 15, 2013 (LBO) - Profits at Sri Lanka's Sampath Bank fell 48 percent to 651 million rupees amid higher charges for losses on gold-backed loans, interim …
Aug 15, 2013 (LBO) - Profits at Sri Lanka's Sampath Bank fell 48 percent to 651 million rupees amid higher charges for losses on gold-backed loans, interim …
Aug 15, 2013 (LBO) - Profits at Sri Lanka's National Development Bank group rose 297 percent to 797 million rupees in the June 2013 quarter helped by strong …
Aug 14, 2013 (LBO) - Defaults in Sri Lanka's gold-backed loans will grow and keeping defaulters out of a credit information system increases moral hazard by …
Aug 14, 2013 (LBO) - Profits at Commercial Bank of Ceylon, Sri Lanka's largest private lender fell 5.0 percent to 2.3 billion rupees in the June 2013 quarter, …
Aug 13, 2013 (LBO) - Profits at Sri Lanka's DFCC Bank group was flat at 595 million rupees for the June 2013 quarter from a year earlier, while the company …
Aug 13, 2013 (LBO) - Profits at Sri Lanka's Hatton National Bank rose 27 percent to 2.1 billion rupees in the June 2013 quarter from a year earlier, helped by …
Aug 12, 2013 (LBO) - Sri Lanka's banks had reasonable capital buffers, higher than Vietnam and India but when adjusted for gold loans and some state exposures, …
SAN FRANCISCO, August 11, 2013 (AFP) - Online financial transactions titan PayPal says it is keen to collaborate with others as it strives for a cash-free …
Aug 09, 2013 (LBO) - Sri Lanka's Dialog Axiata, the country's largest mobile operator said it had raised 200 million US dollars from a syndicated loan. online …
Aug 09, 2013(LBO) – RAM Rating has confirmed Commercial bank’s rating at AA+ with a stable outlook. Media contact Nilusha Fonseka (9411) 2553089 …
Aug 08, 2013 (LBO) - HSBC said it had been named the best internet bank by Gobal Finance, a magazine for the eight year running. HSBC’s Internet banking …
Aug 07, 2013 (LBO) - Sri Lanka' state-run Bank of Ceylon said it had been recognized as one of 35 best brands in Asia by Mumbai-based Chief Marketing Officer …
Aug 01, 2013 (LBO) - Sri Lanka's central bank has bought Treasury Bills to meet government cash flow needs but is draining the liquidity though open market …
July 30, 2013 (LBO) - Profits at Sri Lanka's Seylan Bank fell 13 percent to 484 million rupees in the March 2013 quarter amid rising interest costs, interim …
July 29, 2013 (LBO) - Sri Lanka's industry and commerce ministry said it had appointed a four person body to approve credit agencies under powers of Sri …
July 29, 2013 (LBO) - Sri Lanka's loans to private business picked up in May as credit to both state enterprises and the central government from banks dropped …
July 27, 2013 (LBO) - Sri Lanka's Nations Trust Bank has signed up a 15 million dollar credit to lend to small and medium enterprises, especially those in …
July 26, 2013 (LBO) - Standard Chartered Bank views Sri Lanka positively and is looking to grow its business with a strategic decision to expand in the island, …
July 26, 2013 (LBO) - Sri Lanka's central bank has capped the penalty interests on defaulted loans of banks to two percent a year and those from leasing and …
July 25, 2013 (LBO) - Sri Lanka's state-run Bank of Ceylon will use a 200 million dollar syndicated loan to expand corporate lending, acting chairman Raju …