Fitch Ratings: Pace of Coronavirus-Related Downgrades Easing for APAC Corps
Fitch Ratings has downgraded the ratings of 28 corporates in Asia Pacific (APAC), and made negative revisions to the rating…
CB to increase refinance facility to 150 mn to assist COVID-19 affected SMEs
The cabinet of ministers approved a proposal presented by President Gotabaya Rajapaksa to increase the refinancing facility of the Central…
IFC provides $50 million support to Sri Lanka’s Commercial Bank to boost SMEs
IFC, a member of the World Bank Group, is providing a $50 million loan to Commercial Bank of Ceylon (ComBank),…
Technical Assistance grant of Euro 11 mn from the Government of Germany
An agreement was signed by the Government of Sri Lanka with the Government of Germany today to obtain a technical…
‘HATCHX’ SRI LANKA’S FIRST VIRTUAL FINTECH ACCELERATOR
Despite the volatile condition in the country and the world due to the pandemic, Sri Lanka’s first fintech accelerator program…