Licensed Banks to come under requirements to implement Recovery plans
Sri Lanka’s Licensed Banks come under requirements to implement Recovery plans in order to strengthen crisis preparedness and to enhance…
Tag: Banks
Sri Lanka’s Banks are unlikly to return to Pre-covid proftiability levels in 2021
Sri Lanka’s Banks are unlikly to return to Pre-covid proftiability levels next year, Fitch Ratings said in a special report.…
Financial Regulators to face dilemma once the withdrawal from Covid-19 measures begins
The Financial Regulators across the World will face a dilemma once the withdrawal from Covid-19 measures begins as to how…
Sri Lanka’s banks became more flexible in lending in 3Q
Sri Lanka’s banking sector was more open to lending for borrowers in retail, corporate, and SME categories in the third…
Sri Lanka’s banks to show reluctance to absorb their subsidiary Finance Firms – Fitch Ratings
Sri Lanka’s banks would be reluctant to absorb their finance and leasing companies (FLC) due to the significant difference between their…