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Banks may face higher credit cost under IFRS-9 - Business - Vimarsana News

Banks may face higher credit cost under IFRS-9 - Business

"Several factors have hurt cash flows of businesses, which are finding their debt-paying capacity impaired," says JS Global Capital Ltd official.

Source: dawn.com
Investegate |Arbuthnot Banking Announcements | Arbuthnot Banking: Audited Final Results for the year to 31 Dec 2022 - Vimarsana News

Investegate |Arbuthnot Banking Announcements | Arbuthnot Banking: Audited Final Results for the year to 31 Dec 2022

Investegate announcements from Arbuthnot Banking, Audited Final Results for the year to 31 Dec 2022

New bad loan provision rules are good for banks - Vimarsana News

New bad loan provision rules are good for banks

The ‘expected credit loss’ method would go by internal anticipation of asset quality and allow accuracy in making provisions

Sampath Bank reaffirms its strength in the midst of challenging economic conditions - Adaderana Biz English - Vimarsana News

Sampath Bank reaffirms its strength in the midst of challenging economic conditions - Adaderana Biz English

Backed by its solid capital base and prudent risk fundamentals, Sampath Bank continued to prove its ability to navigate itself prudently during this unprecedented economic crisis. The combined impact of the recurring foreign exchange shortages coupled with the steep LKR depreciation resulted in a shortage of essential food, medication, fuel and gas. This, together with...

Investegate |Standard Chrtrd PLC Announcements | Standard Chrtrd PLC: Additional Financial Information - Vimarsana News

Investegate |Standard Chrtrd PLC Announcements | Standard Chrtrd PLC: Additional Financial Information

Investegate announcements from Standard Chrtrd PLC, Additional Financial Information - Part 2