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10 Sri Lankan Finance Companies ratings affirmed : Fitch

2017-07-24 lankabusinessonline
July 24, 2017 (LBO) –  Fitch Ratings, a credit ratings agency, has affirmed the long-term issuer default ratings (IDRs) of ten local finance companies, a statement said.

Eminent Chartered Accountants Tissa Bandaranayake and Ajit Jayaratne inducted to CA Sri Lanka Hall of Fame

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently paid tribute to two eminent Chartered Accountants by inducting them to the CA Sri Lanka Hall of Fame in recognition of their exemplary contribution towards the development of the accounting profession, the business world and the country.

Some Random Thoughts On Economic Development

2016-10-31 colombotelegraph
There is a need to be optimistic about Sri Lanka’s future. This is also called positive thinking or PMA (positive mental attitude) in psychology. Positive thinking is necessary not only in politics but also or more so in economics. After all it is the economic progress that would enable people to be optimistic about life, their children’s future and the future of the country. Before thinking of global interdependence, the people need to have a good grasp of mutual interdependence within the country.

mCash partners with Central Finance for Leasing Payments

The National Mobile Service Provider SLT Mobitel has partnered with Central Finance enabling  Central Finance customers to simply pay their leasing payments from his/her own mCash account or by walking into any  mCash touch point islandwide to make their leasing payments conveniently. This service is available for both Mobitel and non-Mobitel customers providing everyone the opportunity to experience the best benefits offered through mCash.

Fitch Affirms 10 Sri Lankan Finance Companies

Fitch Ratings has affirmed the ratings of People’s Leasing & Finance PLC (PLC), Central Finance Company PLC (CF), Melsta Regal Finance Ltd (MRF), HNB Grameen Finance Limited (HGL), LB Finance PLC (LB), Siyapatha Finance PLC (Siyapatha), Senkadagala Finance PLC (Senka), AMW Capital Leasing And Finance PLC (AMCL), Singer Finance PLC (SFL), and Mercantile Investment & Finance PLC (MIF).

Fitch affirms 10 Finance Companies; expects asset quality to deteriorate

2016-08-02 lankabusinessonline
Aug 02, 2016 (LBO) – Fitch Ratings has affirmed the ratings of 10 Finance Companies following its periodic review of the large and midsized finance companies in Sri Lanka.

Sri Lankan shares end at one-month closing high

Reuters – Sri Lankan shares rose for a second straight session on Friday and posted its highest close in a month, helped by gains in large-cap beverage shares, while investors awaited directions on the macro economy.