2 sources
Sri Lanka’s Commercial Credit obtains Rs1bn loan to boost capital
Unsecured subordinated redeemable five (5) year loan facility
By Hiru News English
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Commercial Credit and Finance PLC have obtained approval from the Central Bank of Sri Lanka to include an unsecured subordinated loan of Rs. 1 billion in its Tier II capital. The approval was granted by the Governing Board of the Central Bank's Department of Supervision of Non-Bank Financial Institutions, according to a disclosure to the Colombo Stock Exchange.
What this story is about
People
- Aravinda de Silva
- Raynor Silva
Organisations
- Colombo Stock Exchange2
- of Supervision of Non-Bank Financial Institutions
- Commercial Credit and Finance
- Central Bank of Sri Lanka
- Group Lease Holdings
Places
- Sri Lanka2
- Colombo2
Keywords
- subordinated2
- capital2
- redeemable
- unsecured
- approval
- obtains
- boost
- rs1bn
- gets
- loan
Names and places drawn from every article in this story. The number shows how many of them mentioned it.
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