credit risk profile of customers and the credit quality of the Bank’s loan portfolio in order to ensure adequacy of provisions recognized in the financial statements. The impairment charge on Loans ...

Microlender Network Ltd (SCNL) on Thursday announced that it has raised USD 100 million loan from an arm of Standard ...

The loan, arranged by Standard Chartered Bank, saw participation from six Sri Lankan banks: Hatton National Bank, National ...

The loan was arranged by Standard Chartered Bank, which also participated in the funding from the SCB Gift City branch. Other ...

Seylan Bank PLC reported higher earnings for the three ... lower provisions for possible bad loans and expanding loan book. The bank reported earnings of Rs.5.52 a share or Rs.3.51 billion for ...

SCNL secures $100 million syndicated social term loan to expand financial services and drive development in underbanked ...

Satin Creditcare Network Ltd has raised USD 100 million in a syndicated social loan from Standard Chartered Bank and six Sri ...

Seylan Bank recorded negative loan growth in the financial year ending 31 December 2009, similar to the current banking sector trend as more focus has been on recoveries amid weak credit demand since ...

Sampath Bank together with a consortium of investors, and businessman Ishara Nanayakkara-led LOLC, have expressed interest in Ceylinco Chairman Lalith Kotelawala's 23% controlling stake in Seylan Bank ...

Sri Lanka’s banks marked an exceptional year in 2024, primarily driven by the impairment reversals on the Sri Lanka International Sovereign Bonds (SLISBs), despite also incurring the net losses from ...