Finance Archives - Page 2 of 3

June 28, 2022

Richard Pieris Finance Limited, a fully owned subsidiary of the Richard Pieris Group, and the sole financing arm under the renowned Arpico brand, delivered solid financial performance for the Financial Year 2021/22, amidst a challenging economic backdrop. Supported by the Company’s committed workforce and prudent management strategies, Richard Pieris Finance’s profit before taxes […]

June 7, 2022

Mr-Sujeewa-Rajapakse-Chairman-Peopels-Leasing-Finace-PLC-1.jpg

Despite uncertainties and many challenges, People’s Leasing & Finance PLC, the trusted leader in Sri Lanka’s Non-Banking Financial Institution (NBFI) sector, has once again created history by concluding the Financial Year (FY) 2021/22 with a record-breaking Profit-After-Tax (PAT) of Rs. 4.66 billion, the highest profit, the Company has recorded ever since its inception in […]

June 7, 2022

Colombo, June 7, 2022 – Citizens Development Business Finance PLC (CDB) has stepped up to the crease to empower the winning spirit of Sri Lankans as the Associate Sponsor of the Australia Tour of Sri Lanka 2022. As a progressive organisation that empowers aspirations, CDB came forward to sponsor the full international […]

May 31, 2022

Having strengthened its position as Sri Lanka’s leading Non-Banking Financial Institution, People’s Leasing & Finance PLC (PLC) celebrates its 26th anniversary on 31st May. In recent times, the company has enhanced its reputation with various initiatives and by winning prestigious accolades. The management and staff of PLC said their success during […]

May 30, 2022

The Ministry of Finance issued Import Control Regulations on Payment Terms No.07 of 2022, dated 06 May 2022, and to be effective from 20 May 2022, by restricting the use of Open Account Payment Terms or Consignment Account Terms, subject to conditions, when importing goods to Sri Lanka. This measure complements […]

May 24, 2022

FTI Consulting’s Resilience Barometer® data shows that more energy companies struggled to secure finance in the past 12 months JOHANNESBURG, South Africa, May 23, 2022/APO Group/ —Increased pressure to improve ESG and sustainability; demand-side pressure is driven by the rise in energy consumption; energy supply chain will become a source of […]

May 5, 2022

Binance is committed to equipping crypto beginners with resources for lifelong financial and career YAOUNDE, Cameroon, May 4, 2022/APO Group/ — Several Africans continue to live in poverty with minimal access to financial opportunities, quality education or good jobs. Binance (www.Binance.com), the world’s largest cryptocurrency exchange and blockchain ecosystem, has taken its […]

March 28, 2022

The International Monetary Fund (IMF) has published its Article IV Staff Report on Sri Lanka. The Article IV process included; a) a visit to Sri Lanka by an IMF staff team in December 2021 during which consultations were held with the Ministry of Finance (MoF) and the Central Bank of Sri […]

February 11, 2022

February 11, 2022: In a concerted attempt to allow Sri Lankans to enjoy the festivities of the Christmas season safely, leading integrated financial services company HNB FINANCE recently announced the winners of their exciting and festive online competition, ‘Christmas Giveaway Alert’. The lucky winners were able to collect their rewards from […]

January 14, 2022

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) presents findings from the tax research paper titled “The Impact of Corporate Governance Characteristics of the Forward-Looking Disclosures in Integrated Reports of Bank, Finance, and Insurance Sector Companies in Sri Lanka” which was published in the latest research journal of CA Sri Lanka. […]

Richard Pieris Finance, announces Resilient Performance for FY 2021/22

People’s Leasing & Finance records historic profit in FY 2021/22

CDB Embodies ‘Empowering the Winning Spirit’ as Associate Sponsor of the Australia Tour of Sri Lanka

People’s Leasing & Finance celebrates 26 years as the industry leader

The Central Bank of Sri Lanka reassures its commitment to ensuring the availability of foreign exchange through the banking system for importation of essential food items

Energy Resilience in 2022 – The case for energy transition is stronger than ever

How Binance is Providing Financial Opportunities to Cameroonians and Keeping their Assets Safe

The CBSL’s Comments on the IMF Article IV Report

HNB FINANCE PLC rewards winners of its ‘Christmas Giveaway Alert’ Competition

The impact of corporate governance characteristics of the forward-looking disclosures in integrated reports of bank, finance and insurance sector companies in Sri Lanka ~ CA Sri Lanka