Sri Lanka’s Finance Companies on the rocks - Vigasapuwath 24x7

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Wednesday, October 21, 2020

Sri Lanka’s Finance Companies on the rocks

Colombo (News 1st);  The risk of a second COVID-19 wave, together with weak borrower sentiment in an already fragile operating environment, would put further stress on Sri Lankan finance and leasing companies’ credit profiles, adding to existing pressures on asset quality and profitability, Fitch, in a special report said on Oct 21. Fitch expects Sri Lanka’s […]

Sri Lanka’s Finance Companies on the rocks

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