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Sri Lanka’s Commercial Credit obtains Rs1bn loan to boost capital

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ECONOMYNEXT – Sri Lanka’s Commercial Credit and Finance said it had obtained a loan of 1 billion rupees to strengthen its capital base and meet regulatory requirements. “The purpose of this facility is to strengthen the Company’s Tier II capital base and ensure adherence to…

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Earlier coverage

Reports on the same subject from the months before this story.

  1. Lanka Business Online · Fitch Rates Merchant Bank of Sri Lanka’s Proposed Subordinated Debt ‘BBB+(EXP)(lka)’
  2. Daily FT · Vehicle, gold loans swell to a quarter of bank, finance company credit: CBSL

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