It’s no secret that modern banking is very different from what it was 33 years ago, when Sampath Bank first opened its doors as a private commercial bank in Sri Lanka. Since then ... burden of higher ...
Sri Lanka’s banking sector faces a paradox: despite ample liquidity, with banks’ liquid assets nearly doubling to 35.25% of ...
Sri Lanka’s economy is booming, as growth and loans continue to surge. This has prompted good ratings for the banking sector, and particularly People’s Bank, writes the bank’s Chairman Gamini Senarath ...
Mashreq, one of the UAE’s leading financial institutions successfully closed its second syndicated facility in 2011, for Sri Lanka’s largest bank ... the syndicated loan market in 2011 ...
Sri Lanka's new President Anura Kumara Dissanayake will present his first budget on Monday to outline how the island nation ...
Sri Lanka aims to transform its crisis-hit economy to prepare to resume debt repayments from 2028, President Anura Kumara ...
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ADB OKs $200m loan to upgrade Sri Lanka’s power infrastructureThe Asian Development Bank (ADB) has approved the Power System Strengthening and Renewable Energy Integration Project that grants Sri Lanka a $200m loan to enhance its power sector infrastructure.
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