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A Broader Definition Of A ‘Borrower’ In Parate Execution In Sri Lanka. Legal News and Analysis - Sri Lanka - Banking & Finance -
Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..
SriLankan Airlines leased an Airbus A320 aircraft with serial number 4R - ABS to add to its fleet, this week.
Banks exercise their legally-enshrined right to Parate Execution as a last resort, and the overarching objective is the protection of depositors’ funds that have been lent to borrowers, the Sri Lanka Banks Association (SLBA) has said in a statement to the media. Responding to what it termed as lobbying by a group of defaulting borrowers...