Sri Lankan Banks to step up Basel III Tier 2 Issuance, Fitch says
Sri Lankan banks are likely to significantly boost issuance of Basel III-compliant Tier 2 instruments in 2018, says Fitch Ratings.…
Tag: Bank of Ceylon
Moody’s affirms ratings of three Sri Lankan banks; maintains negative outlook
Moody’s Investors Service has affirmed the long-term ratings of three banks in Sri Lanka (B1 negative). The rating actions follow…
Compete to deliver: PM
PM as Chief Guest at Interbrand-Daily FT Best Sri Lankan Brands Awards expresses confidence private sector can compete internationally but must…
Fresh capital access for biz growth: PM
Says proposed Development Bank could disburse up to Rs. 35 b for private sector investment in 2018 Govt. in talks…
Govt. brews Rs. 12 b in loans to boost tea
Talks with two Japanese banks on obtaining low-interest loans to modernise tea factories, uplift tea smallholders Rs. 12 billion in…
Interference in state institutions a problem – State Minister
Minister of Public Enterprise Development, Lakshman Yapa Abeywardena said that state institutions cannot be taken forward if there unnecessary interference…
Sri Lanka’s Prime Minister says “nothing to hide” on the Treasury Bond issue
By Shamindra Ferdinando Prime Minister Ranil Wickremesinghe yesterday said the government hadn’t taken any policy decision to instruct the…