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Mar 21, Colombo: Sri Lankan banks have been able to manage the capital impact of first-time adoption of SLFRS 9 accounting standards, in line with Fitch Ratings' expectations, due to capital infusions ahead of full implementation of Basel III, satisfactory prSri Lankan banks manage capital impact of SLFRS 9
Mar 21, Colombo: Sri Lankan banks have been able to manage the capital impact of first-time adoption of SLFRS 9 accounting standards, in line with Fitch Ratings' expectations, due to capital infusions ahead of full implementation of Basel III, satisfactory profitability buffers and the four-year phasing-in period, Fitch Ratings says. Read more