Costly Interest

lankabusinessonline.com     May 16, 2008            

May 16, 2008 (LBO) – The Merchant Bank of Sri Lanka (MBSL) group net profit for the March quarter fell by almost half owing to higher interest costs and more provisioning for bad loans, according to interim results filed with the stock exchange. The group's after tax profit fell 49 percent to... [read full story]                

Full Coverage

Merchant Rating

lankabusinessonline.com     May 15, 2008          

May 15, 2008 (LBO) – RAM Ratings has confirmed Merchant Bank of Sri Lanka's (MBSL) long-term local rating of AA- with a stable outlook, saying the rating is supported by state-run Bank of Ceylon, its parent. RAM also confirmed MBSL's short term rating of P1 and the AA – rating assigned to...                

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