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Erste Group wird Primary Dealer der Europäischen Union
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First Capital records Rs 2 09 bn highest PAT
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L-R: Nishan Fernando - Chairman, First Capital Holdings, Dilshan Wirasekara - Director/Chief Executive Officer, First Capital Holdings
First Capital Holdings PLC recorded a
Consolidated Profit after Tax of LKR 2.09Bn for the financial year 2020/21. The
results show a significant growth compared to Consolidated Profit after Tax of LKR
1.07Bn recorded in the previous year. The
Total Comprehensive Income recorded for year 2020/21 is LKR 2.01Bn compared to LKR 1.04Bn reported in the
previous year. Meanwhile, the Company’s financial position remains strong with
total assets of LKR 36.7Bn and Equity in excess of LKR 4.8Bn. First Capital is
a member of the Janashakthi Group.
Met dank overgenomen van Europese Commissie (EC), gepubliceerd op dinsdag 1 juni 2021.
What is a funding plan?
The
funding plan is one of the elements of the Commission s diversified funding strategy, which will enable the Commission to raise funding for NextGenerationEU under the best possible conditions in the necessary volumes.
The funding plan announces the volumes of borrowing to be undertaken, which must remain within the boundaries set by the annual borrowing decision. The purpose of the funding plan is to ensure that the necessary funds are available to cover the relevant payment needs when required.
Key elements of the funding plan are communicated to market participants in order to offer the needed predictability. In particular, the Commission will publish on a regular basis:
Met dank overgenomen van Europese Commissie (EC), gepubliceerd op dinsdag 1 juni 2021.
Following the approval of the Own Resources Decision by all EU Member States, the Commission can now start raising resources to finance Europe s recovery through NextGenerationEU. To that end, the European Commission has today announced its estimates to issue around €80 billion of long-term bonds in 2021, to be topped up by tens of billions of short-term EU-Bills to cover the remaining financing requirements. The exact amount of both EU-Bonds and EU-Bills will depend on the precise funding needs, and the Commission will revise today s assessment in the autumn. In this way, the Commission will be able to fund, over the second half of the year, all planned grants and loans to Member States under the Recovery and Resilience Facility, as well as cover the needs of the EU policies that receive NextGenerationEU funding.
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