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

» MARKET CRASH - GUARANTEED
by Maharaja Yesterday at 10:41 pm

» HVA might give dividend
by anjelo Yesterday at 1:35 pm

» SRI LANKA'S ECONOMY
by samaritan Yesterday at 1:14 pm

» ONE TIME WORLD BEST STOCK MARKET -WHAT HAPPENED?
by dsam Mon Jun 18, 2018 2:21 pm

» PREDICT And WIN..........
by Eugine Fernando Mon Jun 18, 2018 2:12 pm

» TOUGH TIMES AHEAD........!!!!!!!!
by cruiserdude Mon Jun 18, 2018 10:47 am

» TECHNICAL ANALYSIS REPORT FOR JUNE
by glad Sat Jun 16, 2018 10:34 am

» Market up soon...
by ruwan326 Fri Jun 15, 2018 6:06 am

» Chicken imports to be banned
by TuTanKaman Thu Jun 14, 2018 7:48 am

» VLL - Vidullanka PLC Private Placement
by The Hunter Wed Jun 13, 2018 9:20 pm

» CALF doubled price genuine?
by ruwan326 Wed Jun 13, 2018 10:47 am

» LLUB - foreign exit
by ruwan326 Wed Jun 13, 2018 10:42 am

» Howmuch will the dollar be in one week
by anges Tue Jun 12, 2018 7:21 pm

» FUTURE GEMS.....
by lishanthan Mon Jun 11, 2018 8:30 pm

» GARMENT INDUSTRY to enjoy double digit growth in the following year
by reyaz Mon Jun 11, 2018 1:59 pm

» Sira price to increase
by reyaz Mon Jun 11, 2018 1:33 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Banking sector financial soundness indicators stable: IMF

Banking sector financial soundness indicators stable: IMF

Go down  Message [Page 1 of 1]

DS Wijesinghe


Manager - Equity Analytics
Manager - Equity Analytics
Daily FT, 17th August 2017. The International Monetary Fund (IMF) has declared that the banking sector’s financial soundness has remained stable as a whole, with the capital adequacy ratio (CAR) above 14%, far exceeding the minimum requirement, and the NPL ratio declining.

Nonetheless, the IMF said CAR has been declining as rapid credit growth increases risk-weighted assets.

To strengthen the financial sector, the IMF said Sri Lanka has implemented several policy measures or they are under consideration.

The Basel III Minimum Capital Requirement has been implemented on a staggered basis since July 2017. All licensed commercial and specialised banks will have to maintain the minimum capital ratios and buffers starting July 2017 (the requirement ratio will gradually increase to reach the international standard by January 2019).

Efforts are being made to resolve distressed non-bank financial companies following IMF technical assistance in March. The World Bank is leading a program to modernise financial market infrastructure, upgrade legal and regulatory framework and strengthen the institutional capacity of financial regulators. The ongoing IMF Technical Assistance on Anti-Money Laundering/Combating Financing of Terrorism (AML/CFT) is also supporting the strengthening of the financial sector.

Teller

avatar
Moderator
How ever next 2-4 years will be heavily pressurizing years for bank,finance and insurance companies

Back to top  Message [Page 1 of 1]

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