People’s Bank Records Rs. 6.4 Billion PAT for Q3 2024, Reflecting Strong Performance
People’s Bank has reported a profit-after-tax (PAT) of Rs. 6.4 billion for the third quarter of 2024, despite the challenging macroeconomic environment in.
Finance
Finance
Vallibel Finance Raises Rs. 3 Billion Through First-Ever Listed Debenture Issue
Vallibel Finance PLC has successfully raised Rs. 3 billion through its inaugural listed debenture issue, which concluded last week. The issue attracted overwhelming.
- November 26, 2024
Finance
Fitch: Economic Recovery to Boost Growth in Sri Lanka’s Finance and Leasing Companies
Fitch Ratings announced that Sri Lanka’s ongoing economic recovery, combined with moderating inflation and lower interest rates, is set to drive the growth.
- October 22, 2024
Industry Analysis
Amana Bank Declares Record Dividend for Seventh Straight Year
Amana Bank has declared its seventh consecutive annual dividend, marking its highest payout to date, totaling Rs. 661 million. This represents a significant.
- October 3, 2024
Industry Analysis
Siyapatha Finance Reports Strong Financial Growth in 1H 2024
Siyapatha Finance PLC recently announced steady financial growth for the first half of 2024, ending June 30. The company achieved a profit after.
- October 2, 2024
Finance
Sri Lanka’s Loan Demand Rises in Q2 2024 Amid Lower Interest Rates and Exchange Rate Stability
Sri Lanka experienced a significant increase in loan demand across the retail, corporate, and small and medium enterprise (SME) sectors during the second.
- August 26, 2024
Stock Market
Maharaja Foods Debuts on Colombo Stock Exchange
Maharaja Foods Ltd., a leading producer and exporter of authentic Sri Lankan food and spices, is set to commence secondary market trading at.
- July 26, 2024