In a sign of confidence that the worst of Sri Lanka s financial crisis is over, its central bank surprised markets by cutting interest rates for the first time in three years on Thursday,. | June 1, 2023
In a sign of confidence that the worst of Sri Lanka's financial crisis is over, its central bank surprised markets by cutting interest rates for the first time in three years on Thursday, signalling a change of course to fuel a rebound in the economy. The South Asian island republic plunged into crisis last year as its foreign exchange reserves ran out, food and energy prices
PBT- 197.5% CAR- 25.44% Gold Loan Growth- 71.63% New branch total 65 Asia Asset Finance PLC, Sri Lanka’s only gold-focused financial solutions provider with a history spanning 52 years, posted an impressive 328.57% growth in Profit After Tax (PAT) Year on Year . Accordingly, the Company recorded a PAT of LKR […]