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Friday September 30th, 2022
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Rosha had met with key clients of the bank and discussed their challenges
Non performing loans go through a recovery process
Times are extraordinary with the macro stresses clearly unprecedented
Banks face mark-to-market losses as well as bad loans from soft-peg crisis
Under monetary instability it is not just ISBs that went up but also bank dollar borrowings
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
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
| Latest | Last | |
|---|---|---|
| US Dollar | 369.9235 | 369.9235 |
| UK Pound | 417.3920 | 417.3688 |
| Euro | 365.4949 | 365.1473 |
| Aus Dollar | 247.2916 | 245.9917 |
| Yen | 2.6166 | 2.5700 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.4750 | 4.5225 |
| Korea Won | 0.2575 | 0.2576 |
| Oman Rial | 942.5852 | 942.5852 |
| Saudi Riyal | 96.4518 | 96.4518 |
| UAE Dirham | 98.7994 | 98.7994 |
| pts | % | |
|---|---|---|
| S&P SL20 | 3,203.01 | -0.87% |
| CSE All Share | 9,964.80 | -0.36% |
| Turnover Rs million | 3,017,534,901 | 4,958,500,230 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 30.31 | 30.81 |
| 6-m bill | 28.51 | 28.66 |
| 12-m bill | 28.26 | 28.78 |
| 5-yr bond | 25.30 | 25.04 |
| 8-yr bond | 26.01 | 25.76 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
He had joined HSBC in 2009 and has worked in Europe, Latin America and Asia
Strong loan growth driven by overdrafts
New capital will remove capital constraints
This is basically what we call a shared economy ecosystem
NPL ratio falls amid 9.9-pct loan growth
One of the biggest issues faced by women entrepreneurs is limited access to finance, the US embassy said.
First stage to be operational by 2023
Sarvodaya pioneered what we call a horizontal sharing of savings based lending - Ariyaratne
Administrative Penalties by the Financial Intelligence Unit for the September quarter
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