Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» COLLECT - REEF @ 5 / LOFC @ 3.70 -3.80 /KHL BELOW 8 /GHLL BELOW 8
by kalu351 Today at 7:17 am

» The 300 of hexp as it long term glory
by EPS Today at 7:00 am

» Weekly Stock Market Roundup
by Insights Equity Today at 5:55 am

» We need a complete analysis on mid term direction of the CSE
by Yahapalanaya Today at 5:22 am

» HEXP PRICE
by Yahapalanaya Today at 1:34 am

» START COLLECTION - EFP IS COMING BACK TO THE CSE FOREIGN INVESTORS ARE COMING BACK TOO MAINLY DUE TO USA CRISESS AND IMF backing the country and massive foreign investments are coming back
by kalu351 Yesterday at 10:01 pm

» UBC - MBSL - Much talked deals are coming soon
by kalu351 Yesterday at 9:57 pm

» RIL - DEAL TALKS ARE ON - BUY AND COLLECT AND HOLD
by kalu351 Yesterday at 9:55 pm

» BIL @ 1-80 A GEM - BIL BIL BIL
by kalu351 Yesterday at 9:53 pm

» LOFC LOFC LOFC LOFC NEXT
by kalu351 Yesterday at 9:51 pm

» BE SMART AND TRADE WITH HOLD POWER - LEDV CAN MOVE TO 7
by kalu351 Yesterday at 9:50 pm

» CSE THIS WEEK
by ruwan326 Yesterday at 9:06 pm

» Financial Reports Q-4 2018
by ruwan326 Yesterday at 9:00 pm

» Summary of Key Announcements during the week
by ruwan326 Yesterday at 8:58 pm

» Dealing by directors
by ruwan326 Yesterday at 8:56 pm

» Daily Foreign Transactions
by ruwan326 Yesterday at 8:54 pm

» CSE WEEKLY
by ruwan326 Yesterday at 8:53 pm

» Performance of the Market
by ruwan326 Yesterday at 8:45 pm

» FOREIGN NEWS
by ruwan326 Yesterday at 8:43 pm

» CROSSINGS TODAY
by ruwan326 Yesterday at 8:40 pm

» Daily Stock Market Update
by Insights Equity Yesterday at 5:08 pm

» Plantation sector
by ruwan326 Yesterday at 2:26 pm

» Entering LDEV @ CMP
by ruwan326 Yesterday at 1:37 pm

» EAST Interesting price@14 Price will Up 18-20 Level Easily
by NZ BOY Yesterday at 12:20 pm

» PLAYERS PICK OF THE DAY
by ruwan326 Yesterday at 11:15 am

» Another Finance company into Hotels owned by family members may be at the verge of collapse?
by SelvaKolla Yesterday at 11:00 am

» Sri Lanka Hayleys-Vallibel One Owner Dhammika Perera to venture into Steel Business with London Steel Guru Billionaire Lakshmi Mittal, Steel Entertainment Park to come-up in Sri Lanka like ArcelorMittal Orbit in London
by SelvaKolla Yesterday at 10:50 am

» CTCE CTCE CTCE CTCE
by roshan1039 Yesterday at 10:48 am

» AAIC MUST BE ABOVE Rs.75/=
by Yahapalanaya Yesterday at 9:25 am

» ##FUN TOONS###
by ruwan326 Yesterday at 7:28 am

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk »  GOOD NEWS FOR FINANCE COMPANIES

GOOD NEWS FOR FINANCE COMPANIES

Go down  Message [Page 1 of 1]

1 GOOD NEWS FOR FINANCE COMPANIES on Fri Apr 28, 2017 2:03 pm

ONTHEMONEY


Manager - Equity Analytics
Manager - Equity Analytics
Sri Lanka rules may boost capital, mergers for small NBFIs: Fitch   
The new regulations issued by Sri Lanka’s Central Bank to increase minimum core capital levels for all licensed finance companies could spur small companies to improve their capital buffers and may reignite industry consolidation, says Fitch Ratings.


Fitch believes the new directive is likely to address the need for higher capital buffers for the non­bank financial institutions (NBFI) sector as a whole to ensure financial system stability, given our expectation of a deterioration in asset quality and capitalisation in the sector following aggressive loan book growth in recent years and persistent weak operating conditions. 


The Central Bank of Sri Lanka issued a directive in February 2017 requiring all licensed finance companies to increase their minimum core capital levels to Rs.2.5 billion by end­2020 in stages from the current Rs.400 million, with the first target of Rs.1 billion to be reached by January 1, 2018. . 


2 Re: GOOD NEWS FOR FINANCE COMPANIES on Sat Apr 29, 2017 4:01 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Leading finance companies (few) will comply with the stipulated amount of Rs.2.5b from 400m in next three years. What would be result for companies that do not meet the CB directive for some reasons.
It seems that the new requirement indirectly forces for small financing firms to get merged with others.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum