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From left: Finlays Colombo Limited Director Naresh Ratwatte, Finlays Colombo Limited Chairman and Managing Director Hunter Crawford, John Keells Holdings PLC Property Group President Suresh Rajendra and John Keells Holdings PLC Property Group Sector Head Nayana Mawilmada at the signing of the joint venture agreement
Fifty three tea factories are facing the prospects of having their licences revoked in the near future, after getting caught adulterating tea during a regulatory survey, the Sri Lanka Tea Board said yesterday.
Fitch Ratings has assigned Sampath Bank PLC’s (A+(lka)/Negative) proposed Basel III compliant subordinated debentures a National Long-Term Rating of ‘A(lka) ‘.
(PRESS RELEASE) – Sampath Bank, reported earnings of Rs.19.95 a share or Rs.3.9 billion in earnings for the December quarter (4Q17), a 52.5% increase from a year ago.
Sampath Bank, one of Sri Lanka’s most innovative banks, has become the first bank in the country to partner with Alipay, the world’s largest online and offline payment platform operated by Ant Financial Services Group.
The Colombo bourse’s indices ended yesterday’s trading in the red territory with the outcome of Saturday’s local government election weighing on the investor sentiment. (1-0)
Jan 12, 2018 (LBO) – Fitch Ratings has assigned Sampath Bank’s proposed Basel III compliant subordinated debentures an expected National Long-Term Rating of ‘A(lka)(EXP)’.
Jan 08, 2018 (LBO) – Sri Lankan banks are likely to significantly boost issuance of Basel III-compliant Tier 2 instruments in 2018, says Fitch Ratings. (1-1)
Dec 11, 2017 (LBO) – Colombo Stock Exchange has approved in principle an application for listing the Basel III compliant debt securities of Sampath Bank.
In line with its commitment to providing the highest levels of service to its customers, Sampath Bank commissioned a drive-through automated teller machine (ATM) at its Colombo Super Branch premises located at 103, Dharmapala Mawatha, Colombo 07. The ATM was ceremonially unveiled by Mr. Nanda Fernando, Managing Director, Sampath Bank PLC, in the presence of members of the Bank’s Corporate Management, on 7th November. (45-0)
Nanda Fernando, Managing Director, Sampath Bank, performing the first transaction on the humanoid teller banking robot at the Sampath Bank Headquarters Branch in the presence of the members of the Bank’s Corporate Management
The “Invest Sri Lanka Investor Forum” organized by the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) in association with CSE Member Firms, Listed Companies and supported by Asia Securities (Event Sponsor) and the Oxford Business Group (Exclusive Publication Partner) drew a strong interest among the investor community in New York. A Sri Lankan delegation including senior representatives of the CSE, SEC, Stock Broker Firms and Listed Companies attended the Forum to make a collective case on the Sri Lankan capital market as an investment destination.
Oct 16, 2017 (LBO) – Fitch Ratings has assigned Sampath Bank’s proposed Basel III-compliant subordinated debentures a National Long-Term Rating of ‘A(lka)’.
Oct 06, 2017 (LBO) – Shareholders of Sri Lanka’s Sampath Bank have approved the proposed Basel III compliant debenture issue at the Extra Ordinary General Meeting held today. (15-0)