Cancellation of the licence of 'The Finance Company PLC'
Financial News: The Finance Company PLC (TFC), is a Finance Company, carried its finance business activities under the Finance Business Act No. 42 of 2011 (FBA) and was severely impacted ...
Financial News: The Finance Company PLC (TFC), is a Finance Company, carried its finance business activities under the Finance Business Act No. 42 of 2011 (FBA) and was severely impacted ...
Financial News: Global Reporting Initiative (GRI) in collaboration with Colombo Stock Exchange (CSE) conducted the third and final workshop of the Technical Series titled “Practical Tips for preparing your next ...
Financial News: The S&P SL20 Index of the Colombo Stock Exchange (CSE) gained 6.28% during trading today, bettering the record for the highest ever daily percentage gain of the index ...
Financial News: The Government of Sri Lanka finds inferences in recent media reports questioning its ability to honour its debt service obligations. The Government notes with dismay such inferences made ...
Financial News: Fitch Ratings has assigned DFCC Bank PLC’s (AA-(lka)/Negative) proposed Sri Lanka rupee-denominated senior unsecured, unlisted debentures an expected National Long-Term Rating of ‘AA-(EXP)(lka)’. The notes, which will total ...
Financial News: The Securities and Exchange Commission of Sri Lanka (SEC) considers it important to identify measures that are required to broadbase the capital market as well as to educate ...
Financial News: Fitch Ratings has revised the Outlook on Sri Lanka-based People’s Leasing & Finance PLC’s (PLC) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to Negative, from Stable, and ...
Financial News: By going up for a second consecutive day, the Colombo Stock Exchange (CSE) closed trading for the day. At today's closing of trade, the All Share Price Index ...
Financial News: The Monetary Board of the Central Bank of Sri Lanka (CBSL), in the wake of the possible adverse impact on liquidity and other key performance indicators of licensed ...
Financial News: Fitch Ratings has affirmed Richard Pieris & Company PLC's (RICH) National Long-Term Rating at 'A(lka)'. The Outlook is Stable. At the same time, Fitch has withdrawn RICH's rating ...
Financial News: After a seven-week closure, the Colombo Stock Exchange (CSE) which was reopened on Monday (May 11) closed for trading right after the opening bell as the S&P SL20 ...
Financial News: In view of the decision made by the Government that both public and private sector entities in the districts of Colombo, Gampaha, Kalutara and Puttalam should re-commence work ...
Financial News: The International Monetary Fund (IMF) has approved a total of $18 billion so far to help dozens of countries bear the impact of the coronavirus pandemic, a spokesperson ...
Financial News: Fitch Ratings has revised the Outlook on Sri Lanka-based footwear and tyre manufacturer and retailer DSI Samson Group (Private) Limited (DSG) to Stable from Positive and has simultaneously ...
The Central Bank of Sri Lanka Further Reduces Policy Rates to Support Economic Activity Financial News: The Monetary Board of the Central Bank of Sri Lanka, at a special meeting ...
Financial News: Fitch Ratings has downgraded in May 2020 three Sri Lankan banks’ issuer default ratings after it downgraded Sri Lanka’s sovereign rating to ‘B-‘ with a negative outlook and ...
Fitch Ratings has downgraded Sri Lanka-based Sri Lanka Insurance Corporation Limited's (SLIC) Insurer Financial Strength (IFS) Rating to 'B' from 'B+'. The Outlook is Negative. SLIC's National IFS Rating was ...
Financial News: The Sri Lankan rupee has appreciated to 195.82 against the US Dollar when compared with the previous selling rate of Rs. 200.46. The buying rate of a rupee ...
Financial News: Sri Lanka’s Central Bank has extended the deadline (30.04.2020) for submitting requests for debt moratoriums and 4 percent per annum refinancing facility for two months working capital, until ...
Financial News: Fitch Ratings has affirmed Sri Lanka-based consumer and healthcare company Hemas Holdings PLC's National Long-Term Rating at ‘AA-(lka)’ with a Stable Outlook. The affirmation reflects the limited vulnerability ...
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