Banks Archives - Lanka Business News

June 28, 2024

Zakia Sultana, senior secretary of the Ministry of Industry, said that the Ministry of Industry has an important role to play in facing the economic challenges of the future. We need to prepare from now to face the economic challenges of transition from LDCs to the fourth industrial revolution. Productivity enhancement, patents and quality assurance […]

January 5, 2022

The majority of those making these demands are based in industrialized nations that were built on fossil fuels January 4, 2022/ — By NJ Ayuk, Executive Chairman, African Energy Chamber (EnergyChamber.org) For more than a year, the African Energy Chamber has been pushing back against steadily building pressure to halt new foreign investments in […]

June 24, 2021

Fitch Ratings-Colombo-23 June 2021: The end of the suspension on Sri Lankan banks’ investments in international sovereign bonds (ISBs) issued by the Sri Lanka sovereign (CCC) has the potential to increase banks’ exposure to sovereign and foreign-currency funding and liquidity risks, says Fitch Ratings. Banks’ credit profiles are already significantly exposed to the sovereign, […]

23 Banks & Financial Institutions Signed Agreements with SME Foundation to Provide Loans for Entrepreneurs

Why We Need African Energy Banks Now?

Risks for Sri Lankan Banks May Rise on End of Restriction on ISB Investments