stability Archives

August 15, 2024

15th August 2024 – Colombo: Orient Finance PLC proudly commemorated its 43rd anniversary on July 26, 2024, marking over four decades of stability and excellence in the financial industry. Founded in 1981, Orient Finance PLC has solidified its position as a leading finance company in Sri Lanka through consistent growth and financial prudence. […]

May 30, 2022

Warns that brands may move to alternate production locations Bracing for 20% reduction in orders, export earnings to take a hit 27th May 2022: Amid rising apprehension of a global economic recession and resulting softening of international consumer demand, Sri Lanka’s Joint Apparel Association Forum (JAAF) reiterated its demand for systemic […]

May 17, 2022

Assets cross Rs 1.5 Trillion and Advances cross Rs 1 Trillion in 1Q 2022 Capital strong at 15.59% Liquidity high with LAR at 30% and LCR at 194% Net Stage III loans improve to 2.4% In the backdrop of turbulent market conditions, Hatton National Bank PLC continued to demonstrate resilience, strength […]

November 20, 2018

Moody’s Investors Service (“Moody’s”) has today downgraded the Government of Sri Lanka’s foreign currency issuer and senior unsecured ratings to B2 from B1 and changed the outlook to stable from negative. The decision to downgrade the rating to B2 is driven by Moody’s view that ongoing tightening in external and domestic financing conditions and […]

Orient Finance PLC Celebrates 43 Years of Stability and Financial Achievement

Protecting hard-earned reputation of SL apparel exports is priority: JAAF

HNB continues to demonstrate resilience under stressed conditions

Moody’s downgrades Sri Lanka’s ratings to B2, changes outlook to stable from negative