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FACTBOX-Sri Lanka agrees on econ reforms for IMF loan
26 Jul 2009 22:39:11 PST
COLOMBO, July 27 - International Monetary Fund (IMF) approved last week a $2.6 billion loan for Sri Lanka to help the country through the global financial crisis and rebuild following a 25-year civil war. Sri...
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UPDATE 1-Sri Lanka expects IMF board OK for $2.5 bln loan
26 Jul 2009 16:39:16 PST
WASHINGTON, July 24 - A top Sri Lankan official said he expected the International Monetary Fund board to give final approval later on Friday to a $2.5 billion loan deal to help the country cope...
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INTERVIEW-Sri Lanka to decide on bond or loan in a month
22 Jul 2009 16:50:23 PST
COLOMBO, July 22 - Sri Lanka will decide either on a sovereign bond or a syndicated loan to fund post-war reconstruction in mid August after a series of global investor road shows, the central bank...
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S.Lanka bourse hits 1-yr high after IMF loan accord
21 Jul 2009 20:18:24 PST
COLOMBO, July 22 - Sri Lanka's share market <.CSE> rose to its highest in more than a year on Wednesday, after the island reached a $2.5 billion loan deal with the IMF, Reuters data showed....
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UPDATE 2-IMF, Sri Lanka reach $2.5 billion loan accord
20 Jul 2009 11:44:45 PST
* IMF reaches $2.5 billion loan accord with Sri Lanka * IMF program will help raise aid for post-war rebuilding * IMF board expected to approve loan on July 24 (Recasts with agreement, details and...
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UPDATE 1-S.Lanka says accepts IMF loan in LOI-minister
19 Jul 2009 22:50:41 PST
COLOMBO, July 20 - Sri Lanka has sent a letter of intent to the International Monetary Fund (IMF) to accept a $1.9 billion loan, officials said on Monday, helping ease a period of market uncertainty...
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Sri Lanka says accepts IMF loan in LOI-minister
19 Jul 2009 20:57:27 PST
COLOMBO, July 20 - Sri Lanka has sent a letter of intent to the International Monetary Fund to accept a $1.9 billion loan, Deputy Finance Minister Ranjith Siyambalapitiya said on Monday. When asked to confirm...
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S.Korea banks loan delinquencies drop to 6-mth low
19 Jul 2009 17:12:01 PST
SEOUL, July 20 - The loan delinquency ratio of South Korean banks slid to a six-month low in June, with improvement in company cash flows and after banks wrote off and sold a chunk of...
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UPDATE 2-S.Africa's MTN seeks $3.5 bln loan for Bharti-bankers
19 Jul 2009 16:57:02 PST
* Loan necessary step to fulfil the transaction * Shareholder vote may be the biggest hurdle for the deal * Firms may extent exclusive talks LONDON/JOHANNESBURG, July 17 - South Africa's MTN is in talks...
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Chinese banks' NPL ratio falls as loans surge
17 Jul 2009 01:38:54 PST
BEIJING, July 17 - The non-performing loan (NPL) ratio of Chinese banks fell to 1.77 percent at the end of June from 2.04 percent at the end of March, the China Banking Regulatory Commission said...
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