Sri Lanka banking outlook
Sri Lanka’s NBFIs safe from risks after proposed gov’t debt restructuring plan
Sri Lanka’s NBFIs safe from risks after proposed gov’t debt restructuring plan
The plan does not directly impact the government debt holdings that NBFIs have stocked up on.
Sri Lanka’s large banks’ outlook worsens amidst new COVID surge
The new COVID surge that began in April may hinder GDP recovery.
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1. UOB to take legal action against Yang Kee Logistics’ ex-CEO 2. OCBC to finance $10.9b of investments to UK growth sectors 3. Singapore’s financial sector turns to contract hiring for cost control 4. India’s credit card spend slumps 9% MoM to 7-month low 5. ANZ moves up incoming CEO Nuno Matos’ start date to May 12Resource Center
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