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Thursday August 11th, 2022
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Govt credit also moderates amid credit line
We believe the foreign-currency funding and liquidity profile is highly stretched
Rosha had met with key clients of the bank and discussed their challenges
Non performing loans go through a recovery process
Under monetary instability it is not just ISBs that went up but also bank dollar borrowings
On heightened forex risks
State banks heavily exposed to energy utilities
Please look into this immediately
Credit cards (penal rates) now at 20-pct, T/ODs 18-pct and pawning 12-pct
CPC lending should be be under single borrower threshold
DFCC's loan loss provisions in December quarter was 1.3 billion rupees up from 529.4 million a year earlier.
Sri Lankan firms can now raise funds in foreign currencies through listing at Colombo Stock Exchange
The key stock index has fallen 6.8 percent so far in February on forex, economic concerns
| Latest | Last | |
|---|---|---|
| US Dollar | 368.6127 | 368.6127 |
| UK Pound | 447.0879 | 446.9724 |
| Euro | 378.4089 | 377.3186 |
| Aus Dollar | 258.8081 | 259.7439 |
| Yen | 2.7436 | 2.7454 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.5360 | 4.5360 |
| Korea Won | 0.2758 | 0.2758 |
| Oman Rial | 937.4943 | 937.4943 |
| Saudi Riyal | 95.9947 | 95.9947 |
| UAE Dirham | 98.2658 | 98.2658 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,928.96 | 4.46% |
| CSE All Share | 8,706.17 | 2.43% |
| Turnover Rs million | 4,506,916,091 | 3,748,329,990 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 26.24 | 26.34 |
| 6-m bill | 26.52 | 26.51 |
| 12-m bill | 27.36 | 27.11 |
| 5-yr bond | 23.86 | 23.10 |
| 8-yr bond | 24.21 | 24.35 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
Exempted from shareholder limits for 4 years
Another 12 companies are in the process of consolidation
Ahead of visit by Chinese minister
After FMO funding
After 5 years AWPR plus 200bp
Deadline to cut stake to 20-pct Dec 31
To be 150bp below 364-day T-bill yield
The funds will be on-lent to micro, small and medium enterprises
He had joined HSBC in 2009 and has worked in Europe, Latin America and Asia
Strong loan growth driven by overdrafts
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