Siyapatha Finance Rs. 3 b debenture issue oversubscribed
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Source: ft.lk
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Siyapatha Finance PLC debenture issue oversubscribed
Siyapatha Finance PLC, a subsidiary of Sampath Bank PLC and a prominent leader in Sri Lanka's non-banking financial sector, announces the resounding success of its recent debenture issuance, which received an overwhelming response from investors, meeting and surpassing all expectations. The highl
Source: lankabusinessonline.com
Janashakthi Insurance buys 25% of First Capital Holdings from parent for Rs. 3.75 b
Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..
Source: ft.lk
USAID urges financial institutions to bridge the funding gap in Northern Kenya
Public, private, and development sector actors gathered in Nairobi for the Northern Kenya Impact Investment Conference where financiers and investors pledged their support for impact investments aimed at contributing to sustainable development of the region. The conference, hosted by USAID Kuza and partners, themed “Why Northern Kenya, Why Now?” discussed the status, and opportunities and addressed…
Source: hapakenya.com
Andre Monteil, Clico Investment Bank ex-CEO ordered to repay bank $78m plus interest
Andre Monteil, Clico Investment Bank ex-CEO ordered to repay bank $78m plus interest Former CIB chairman Andre Monteil. FORMER Clico Investment Bank (CIB) chairman Andre Monteil, his company Stone Street Capital (SSC), and the bank’s former CEO Richard Trotman have been ordered to repay a whopping $78 million, plus almost $20 million in interest, to the bank. In a recent decision, Justice Avason Quinlan-Williams also gave CIB permission to trace assets owned by the two men and SSC from a $78 million loan agreement back in 2007. The CIB – which is currently in compulsory liquidation and th...
Source: newsday.co.tt