Sri Lanka is at the precipice of an economic disaster. The country’s foreign debt is suffocating the country, it is its biggest immediate problem, and the problem for the foreseeable future unless …
Sri Lanka: Ajith Nivard Cabraal set to become the new Central Bank Governor
Sri Lanka’s former Finance Minister Ajith Nivard Cabraal is set to become the new Central Bank Governor in Sri Lanka. This comes after the former Governor resigned as the island nation now faces a …
Sri Lanka’s former finance minister set to lead the Sri Lanka central bank
Sri Lanka’s former finance minister is set to lead the Sri Lanka central bank. This comes after the former governor resigned due to the deepening financial crisis in Sri Lanka. Like us on Facebook to …
Sri Lanka’s Capital Alliance starts brokerage business in Bangladesh
Sri Lanka’s Capital Alliance (CAL) has recently made foray into Bangladesh’s brokerage business. CAL is Sri Lanka’s leading investment bank offering integrated investment and capital market solutions …
Sri Lanka’s Capital Alliance enters Bangladesh
The joint venture (JV) company recently established in Bangladesh by Sri Lanka’s Capital Alliance (CAL) became the first JV entity to receive the Trading Right Entitlement Certificate (Trec) on the …
Sri Lanka’s LB Finance ‘A-(lka)’ rating confirmed
Fitch Ratings has confirmed a ‘A-(lka) rating of LB Finance was Sri Lanka’s third largest finance leasing company saying had satisfactory capital levels but it was exposed to a weak economic …
Sri Lanka running out of money for imports as Delta rages
The nation buys wheat, sugar and milk powder from abroad and, with the Sri Lankan rupee down 7.3% this year, the import bill is soaring, stoking inflation and raising concerns about panic buying and …
Sri Lanka running out of money for imports as Delta rages
The nation buys wheat, sugar and milk powder from abroad and, with the Sri Lankan rupee down 7.3% this year, the import bill is soaring, stoking inflation and raising concerns about panic buying and …
Sri Lanka’s Senkadagala Finance ‘BBB+(lka)’ rating confirmed, outlook stable
Fitch Ratings has confirmed a domestic ‘BBB+(lka)’ rating of Sri Lanka’s Senkadagala Finance despite pressure on the operating environment, with the firm having lower bad loans than the industry.
Sri Lanka’s Senkadagala Finance ‘BBB+(lka)’ rating confirmed, outlook stable
Fitch Ratings has confirmed a domestic ‘BBB+(lka)’ rating of Sri Lanka’s Senkadagala Finance despite pressure on the operating environment, with the firm having lower bad loans than the industry.