Union Assurance recognised at SAFA awards ceremony for sixth consecutive year

Published : 2:20 am  April 10, 2013  |  Category: Financial Services  |  Leave a Comment  |  736 views  |  

Union Assurance (UA) walked away with two prestigious awards at the recently concluded SAFA Awards ceremony for financial reporting in the South Asian region. The winners were selected through stringent selection criteria by an eminent panel of judges from the region. Award winners were selected objectively and the selection criteria itself, was based on the presentation and disclosure of high quality, relevant and reliable financial and non-financial information.  Read More →


Activity remains dull ahead of weekly bill auction

Published : 2:19 am  April 10, 2013  |  Category: Financial Services  |  Leave a Comment  |  297 views  |  

By Wealth Trust Securities The seasonal mood in secondary markets saw yields remain mostly unchanged for a second consecutive day as activity remained rather dull yesterday. This sentiment was further supported with the postponement of the monetary policy announcement to 16 April. The yields on the two five-year maturities (i.e. 01.04.2018 and 15.08.2018) remained within the range of 11.37% to 11.42%, while a limited amount of activity was witnessed on the six-year maturity as it closed the day, down at 11.45/55 against its opening level of 11.55/65. Secondary market bills centering on the 364-day bill continued to change hands within the range of 11.25% to 11.30% ahead of the weekly Treasury... 


Rupee at 1-year peak; Stocks dip from 7-week high

Published : 2:18 am  April 10, 2013  |  Category: Financial Services  |  Leave a Comment  |  242 views  |  

Reuters: The Sri Lankan rupee edged up to its strongest close in a year on Tuesday on dollar inflows from inward remittances and exporter conversions ahead of the traditional new year, dealers said.  Read More →


ACCA conducts a panel discussion on Sri Lankan capital markets

Published : 12:39 am  April 9, 2013  |  Category: Financial Services  |  1 Comment  |  2,192 views  |  

Sri Lankan capital markets have gone through multiple cycles in the recent past; from post war market boom, speculative retail trading sprees, exit of portfolio money, sharp correction, stagnation, and moderate recovery with the inflow of foreign money.  Read More →


Crowds flock at the Sri Lanka Insurance Dayata Kirula Exhibition Stall

Published : 12:38 am  April 9, 2013  |  Category: Financial Services  |  Leave a Comment  |  802 views  |  

The Government owned largest and the strongest insurer, was seen again shouldering a magnanimous social task of being one of the main sponsors of the largest national event of its kind in Sri Lanka Dayata Kirula exhibition held at the Hardy college grounds, Ampara, which brought in massive infrastructure development, especially roads and public facilities to the Eastern regional hub Ampara.  Read More →


Soros says gold a safe-haven no more, but sees Cbank support

Published : 12:36 am  April 9, 2013  |  Category: Financial Services  |  Leave a Comment  |  428 views  |  

REUTERS: Institutional investor George Soros said gold has been destroyed as a safe-haven asset, but expects continued central bank buying to support prices, the South China Morning Post reported.  Read More →


Commercial Bank opens in picturesque Pottuvil

Published : 12:36 am  April 9, 2013  |  Category: Financial Services  |  Leave a Comment  |  785 views  |  

Pottuvil, made world famous by its Arugam Bay resort, now has world-class banking facilities following the opening of Commercial Bank’s 230th branch in this picturesque eastern coastal town.  Read More →


Vallibel Finance launches gold loan service in Maharagama

Published : 12:34 am  April 9, 2013  |  Category: Financial Services  |  Leave a Comment  |  791 views  |  

Vallibel Finance which continues its rapid rise through people-friendly financial services now expands its product portfolio by offering gold loan services. The company, which stormed into the competitive finance sector with a pledge to make financial support available to more people in more places, plans to do the same with gold loans.  Read More →


CB release Financial System Stability Review 2012

Published : 12:33 am  April 9, 2013  |  Category: Financial Services  |  Leave a Comment  |  502 views  |  

An assessment of the performance and stability of the financial sector of Sri Lanka is presented by the Central Bank in the Financial System Stability Review annually.  Read More →


Secondary market bond rates steady

Published : 12:32 am  April 9, 2013  |  Category: Financial Services  |  Leave a Comment  |  229 views  |  

By Wealth Trust Securities Secondary market bond trading activity dried up significantly yesterday as yields remained steady with the eagerly awaited monetary policy announcement for the month of April due today been postponed to the 16th of April.  Read More →


Page 249 of 625« First...102030...247248249250251...260270280...Last »