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SRI LANKA'S FOREIGN COMMERCIAL DEBT DOWN: CENTRAL BANK.
COLOMBO, Jan 1 Asia Pulse - Sri Lanka's central bank has said the government's external commercial net debt liabilities stock has declined by about US$255 million during the year 2008 substantially reducing its exposure to foreign exchange risk.
It said in a statement that during the year, the government settled several external foreign currency commercial loan obligations amounting to 175 million dollars.
These payments included the settlement of a 100 million dollar syndicated loan which was arranged by the Citicorp Investment Bank (Singapore) Limited in December 2005.
Also settled was the balance of 25 million dollars from a loan through Citibank in September 2003 with the assistance of Japan's NEXI and repayment of a 50 million dollar loan from India's ICICI Bank in October 2007 through the state-run National Savings Bank.
"Since the new external foreign currency commercial borrowings during 2008 were limited to only 150 million dollars, the total external foreign currency commercial debt stock declined ...
- [0] WORLD BANK PROCUREMENT - SRI LANKA, CENTRAL BANK PROJECT.
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...SRI LANKA - CENTRAL BANK STRENGTHENING PROJECT SUPPLY...SETTLEMENT SYSTEM FOR THE CENTRAL BANK OF SRI LANKA Sector: Finance Development...for bids is issued. The Central Bank of Sri Lanka on behalf of the Cabinet...
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- News wire article from: AsiaPulse News February 25, 2002 700+ words
...SRI LANKA - CENTRAL BANK STRENGTHENING PROJECT SUPPLY...Association (IDA) toward the Sri Lanka Central Bank Strengthening Project...for bids is issued. The Central Bank of Sri Lanka on behalf of the Cabinet...
- SRI LANKA'S INFLATION MAY FALL AFTER AUGUST: CENTRAL BANK.
- News wire article from: AsiaPulse News July 2, 2008 700+ words
...COLOMBO, July 2 Asia Pulse - Sri Lanka's central bank said inflation which hit...inflationary pressures," the Central Bank said. Sri Lanka budget deficit and financing of cash shortfalls with central bank credit has been blamed for...
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- News wire article from: AsiaPulse News October 2, 2008 700+ words
...Oct 2 Asia Pulse - Sri Lanka's central bank said it had achieved...inflation. Meanwhile under Sri Lanka's monetary law the central bank could also effectively...central bank said. "The Central Bank of Sri Lanka has been closely ...
- Sri Lanka modernizes Central Bank with support from The World Bank.
- Press release article from: M2 Presswire June 20, 2001 700+ words
...June 2001-WORLD BANK: Sri Lanka modernizes Central Bank with support from The...effectiveness of the Central Bank of Sri Lanka (CBSL) with support...2000, the staff of the Central Bank of Sri Lanka has been immersed in...
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- News wire article from: AsiaPulse News June 21, 2001 700+ words
...COLOMBO, June 21 Asia Pulse - Sri Lanka will boost the effectiveness of the Central Bank of Sri Lanka (CBSL) with support from...2000, the staff of the Central Bank of Sri Lanka has been immersed in an exercise...
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- News wire article from: AsiaPulse News July 15, 2009 700+ words
...July 15 Asia Pulse - Sri Lanka's Central Bank said it has opened an account...4237 maintained at the Central Bank of Sri Lanka through SWIFT, telegraphic...the Chief Accountant, Central Bank of Sri Lanka on A/C of IDP Relief...
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- News wire article from: AsiaPulse News June 24, 2002 700+ words
...SRI LANKA - CENTRAL BANK STRENGTHENING PROJECT GENERAL...toward the cost of the Sri Lanka Central Bank Strengthening Project...Modernization Steering Committee Central Bank of Sri Lanka Attn: Mr. W. A.Wijewardane...