Arpico Finance records year-on-year growth
Arpico Finance Company PLC, has completed another
successful year recording commendable year- on-year growth. The
customer service aspect also improved by the addition of three new
heritage delivery channels to the existing network.
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Orient Wealth launches innovative investment schemes
Orient Wealth Limited launched new products and
services under the license from Securities and Exchange Commission
of Sri Lanka. The company will offer innovative investment schemes
to small and large scale investors through three open ended funds.
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Fitch rates debenture issue of Seylan Bank
Fitch Ratings Lanka has assigned Seylan Bank
PLC's proposed issue of subordinated debt of up to Rs. 2 billion a ‘BBB+(lka)’
National Long-Term Rating. The proposed issue is rated one notch
below Seylan's National Long-Term rating (‘A-(lka)'/Stable) to
reflect higher expected losses compared,
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