“We are working with the state university network in Sri Lanka to upgrade financial education among undergraduates and also conduct investor forums across the country with the objective of sharing ...
The Colombo Stock Exchange's All-Share Price Index (ASPI) saw impressive gains, rising by 233.23 points to end the day at 8,718.15. This is a 2.75 percent increase compared to the ...
The CBSL states that the merchandise trade deficit continued to remain low compared to a year ago, though it widened in November 2022 over the previous month. Earnings from merchandise ...
Capital Alliance Limited (CAL) – one of Sri Lanka’s leading full-service investment solution providers – introduced Video KYC (Know Your Customer) via their CAL Customer Portal to facilitate paperless, digital ...
In early trade today, the All Share Price Index (ASPI) surpassed 9000 points. According to the Colombo Stock Exchange (CSE), the ASPI has reached a new high for the first ...
Today (26), the benchmark All Share Price Index (ASPI) reached an all-time high of 8,920.71 points, surpassing the previous high of 8,812.01 points set on January 27, 2021. The ASPI ...
Breaking barriers in the non-bank financial services space, First Capital introduces ’digital onboarding’ to facilitate non-face-to-face Account Opening for Unit Trusts and Government Securities clients for the first time in ...
Fitch Ratings has assigned Siyapatha Finance PLC’s (A(lka)/Stable) proposed Sri Lankan rupee subordinated listed debentures a final National Long-Term Rating of ‘BBB+(lka)’. The notes, which will total up to LKR1.5 ...
Fitch Ratings has placed the Outlook on Sri Lanka-based Abans Finance PLC’s National Long-Term Rating on Rating Outlook Evolving and has affirmed the rating at ‘A(lka)’. Fitch has removed the ...
The National Ratings on Sri Lankan banks remain constrained by the sovereign credit profile (CCC), Fitch Ratings says. The highest National Rating for domestic banks with ratings driven by their ...
First Capital Holdings PLC (the Group), a member of the Janashakthi Group recorded a Profit after Tax of LKR 136Mn for the first quarter of 2021 (1st Quarter of 2021/22) compared ...
The Colombo Stock Exchange (CSE) successfully concluded yet another virtual forum organized as part of an awareness drive for island-wide Small and Medium Enterprises (SME). The fourth event of the ...
Sri Lankan corporates could face rating pressure should the government further restrict imports amid weakening external finances, Fitch Ratings says. Fitch expects corporates that import finished goods in sectors that ...
• CSE to implement a new OTC Platform to conduct REPO Transactions on Debt Securities • Applications called for New Trading Members to Carry Out REPO Transactions on Debt Securities ...
Sri Lankan banks' performance in 2020 and 1Q21 exceeded Fitch Ratings’ initial expectations, thanks to stimulus and regulatory relief measures. However, we believe risks to the banks' performance and operating ...
Sri Lankan banks’ performance in 2020 and 1Q21 exceeded Fitch Ratings’ initial expectations, thanks to stimulus and regulatory relief measures. However, Fitch Ratings believes risks to the banks’ performance and ...
First Capital Holdings PLC launches a three-year CSR programme by partnering with Habitat for Humanity Sri Lanka to build homes for families in need. Through this partnership, First Capital will ...
Sri Lanka’s largest banks are the most susceptible to heightened sovereign risk due to their higher exposure to foreign-currency denominated government securities and, in some cases, weaker capital positions, says ...
The Colombo Stock Exchange (CSE) announced the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2021 mid-year index rebalance. The exclusions ...
Fitch Ratings has maintained Abans Finance PLC’s National Long-Term Rating of ‘A(lka)’ on Rating Watch Evolving (RWE). The rating was placed on RWE on 7 October 2020. KEY RATING DRIVERS ...
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