22. January 2025
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Anglostratits
May 16, 2023
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Banking

People Bank’s non-performing loan write-offs

1min18
      Relating to recent views expressed on People Bank’s non-performing loan write-offs, as shared in certain social media groups, the Bank’s Management hereby wishes to categorically deny such statements as being true. To save any future doubt, none of the loans so discussed in the said forums have been written off.     […]
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May 24, 2022
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Business & Economy

BPPL secures US$ 15 million of long-term funding from the U.S. International Development Finance Corporation

5min3
        Loan to boost Sri Lanka’s plastic recycling infrastructure and BPPL’s monofilament/ polyester yarn production Sri Lanka’s plastic recycling capabilities and infrastructure are set to soar with BPPL Holdings PLC, the country’s pioneer in the field, securing long-term funding of US$ 15 million from the International Development Finance Corporation (DFC) of the […]
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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.

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