NDB Bank’s CDIC acquisition for regional growth - CEO
NDB Bank PLC’s recent 23.86 per cent acquisition
of the Bank of Ceylon stake in Capital Development and Investment
Co. (CDIC) for Rs. 1.15 billion will be used for the continuation of
strategic plans and growth both locally and regionally.
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Fitch downgrades Seylan Bank’s National Rating; Revises outlook
to stable
Fitch Ratings Lanka has downgraded Sri
Lanka-based Seylan Bank Plc’s (Seylan) National Long-term rating to
‘BBB+(lka)’ from ‘A-(lka)’. At the same time, Fitch has downgraded
the ratings of the bank’s subordinated debentures to ‘BBB(lka)’ from
‘BBB+(lka)’.
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‘Assembling, sales vitally important in apparel industry’
Today retailers are demanding exceptional value
in the global apparel market and industry need to hunt for more
innovative products for survival, said Brandix Lanka Ltd Chief
Executive Officer, Assroff Omar.
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Janashakthi shares trade today
Ordinary shares of Janashakthi Insurance Co Ltd
(JICL) valued at Rs. 363 million will commence trading on the
Colombo Stock Exchange today, (Monday 21).
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