Finance Archives - Page 3 of 3

December 22, 2021

DAKAR, Senegal, December 13, 2021/ — The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) will be releasing a series of four (4) short documentaries that showcase the depth of ITFC’s interventions in the Groundnut sector in Senegal. Called The ITFC Groundnut Project: Full Cycle, the documentary will air on Africanews from 16th to 31st December […]

June 23, 2021

The Committee on Public Finance granted approval on June (21) to issue Rs. 1,000 billion Treasury Bills, under the Local Treasury Bills Ordinance which is scheduled to be presented to Parliament for approval by the Hon. Minister of Finance. The Committee on Public Finance chaired by Hon. Anura Pryarshana Yapa met (21) […]

July 21, 2020

Calls for positive reforms strengthening legal enforcement and industry cooperation The Finance Houses Association of Sri Lanka (FHA) announced that it will continue to empower the nation with ethical finance practices while acting as the mediator to the non-banking financial industry. Since its inception in 1958, the association has played a crucial role in safeguarding […]

April 25, 2020

Describing the coronavirus-induced recession as “unparalleled”, Fitch Ratings has massively slashed its global growth forecast, saying the world economy is set to contract by a hefty 3.9 per cent in 2020. The sharp downward revision is driven by a massive decline in Asian economies, led by China and India which are slated to post sub-1 […]

April 14, 2019

The Central Bank of Sri Lanka, with support from International Finance Corporation (IFC) and the United Nations Development Program (UNDP), has launched the Sustainable Finance Roadmap for the financial sector to increase capital flows to activities with a positive impact on the environment, society, and governance (ESG), and also manage the risks associated with these […]

November 20, 2017

Microsoft’s Asia Digital Transformation Survey (2017), involving 1,494 business leaders in 13 Asia Pacific markets, found that 81% of Financial Services Industry (FSI) leaders believe they need to transform to a digital business to enable future growth. They also believe that big data, AI and cloud computing are now an essential part of that transformation […]

November 6, 2017

Summary of the Weekly Economic Indicators Released by the Central Bank of Sri Lanka for the week end by 2nd of November 2017. Real Sector The CCPI (2013=100) headline inflation rate accelerated to 7.8% Y-o-Y in October 2017 from 7.1% in September 2017. When monthly change for October 2017 is considered, the CCPI increased by 1.1 […]

August 30, 2017

Education-Finance-Winners-receiving-their-laptops-from-Amana-Bank-Officials.jpg

Amana Bank recently concluded its Education Finance promotion by rewarding four lucky students with Laptops to help them excel in their education. All winners were chosen from a pool of customers who had obtained an Education Finance facility through Amana Bank during the promotional period, from 01 May to 30 June. Commenting on this promotion, […]

The International Islamic Trade Finance Corporation Launches Four-Part Documentary Series on Senegal’s Groundnut Sector

Committee on Public Finance approves Rs. 1,000 billion Treasury Bills issue

FHA pioneers 62 years of excellence in Non-Banking Finance Sector

Fitch sees global economy shrinking 3.9 pc in 2020

IFC Helps Central Bank of Sri Lanka Launch Roadmap to Raise Financial Sector’s Contribution to Sustainable Development

What Does the 4th Industrial Revolution Mean for the Financial Services Industry in Sri Lanka?

Weekly Economic Indicators

Amana Bank rewards 4 Education Finance customers with Laptops