The Investor Sentiment - Equity and investments forum for Sri Lankans

Display results as :

Rechercher Advanced Search

Latest topics
» Dividend Announcement
Today at 9:12 pm by nihal123

» Flying is the Safest mode of Transport
Yesterday at 10:57 am by කිත්සිරි ද සිල්වා

» Hello and CSE ?
Sat Mar 17, 2018 9:57 am by serene

» Land of Idiots
Sat Mar 17, 2018 5:46 am by CK

» SPEN.N0000
Fri Mar 16, 2018 8:15 pm by spw19721

» Protectionism not sustainable, Sri Lanka ceramic industry told
Fri Mar 16, 2018 3:13 pm by Backstage

»  5000 Post Milestone - Congratulations
Thu Mar 15, 2018 3:55 pm by slstock

» Credit growth to surge beyond Central Bank’s expectation if agriculture sector picks up
Thu Mar 15, 2018 2:26 pm by Backstage

» Beware the Ides of March !
Thu Mar 15, 2018 2:15 pm by The Alchemist

» ලංකාවේ දුවන්නේ ලොරි බස් – ධම්මික කියයි
Thu Mar 15, 2018 12:57 pm by nihal123

» Happy Birthday
Wed Mar 14, 2018 10:53 pm by nihal123

Wed Mar 14, 2018 9:37 pm by spw19721

» Obituary Notice.
Wed Mar 14, 2018 2:37 pm by sashimaal

Wed Mar 14, 2018 10:23 am by lanka

» “ ඔසු උයන ” at Kahathuduwa, Piliyandala
Tue Mar 13, 2018 6:01 pm by AjithR

» Oil,gold, silver Prices
Tue Mar 13, 2018 2:00 pm by කිත්සිරි ද සිල්වා

» SLT Suspends Free Email Service
Tue Mar 13, 2018 1:14 pm by slstock

» Perpetual Treasuries
Tue Mar 13, 2018 12:49 pm by slstock

» මහනුවර ප්‍රචණ්ඩ ක්‍රියා: සැකකරුවන් අසූඑක් දෙනෙක් අත්අඩංගුවේ
Sun Mar 11, 2018 5:35 pm by Ethical Trader

» ලෝකෙ ඕනෑම තැනකට විදින්න පුළුවන් මිසයිල අපි ලඟ - පූතින්
Thu Mar 08, 2018 8:15 am by soileconomy

Tue Mar 06, 2018 5:27 pm by Ethical Trader

» Micro Finance
Tue Mar 06, 2018 7:20 am by yellow knife

» නිවැරදි බුදු දහම
Tue Mar 06, 2018 5:08 am by Ethical Trader

Mon Mar 05, 2018 7:39 pm by Ethical Trader

» Laughter the Best Medicine
Mon Mar 05, 2018 2:42 pm by pee ratio

» වචන නම් අපේ ඒත් තනුව ?????????
Mon Mar 05, 2018 1:52 pm by Rana

» The largest known Prime Number
Sun Mar 04, 2018 12:14 pm by Ethical Trader

» "My Entrepreneurship Mind and the Leadership Heart” Mr. Dhammika Perera
Fri Mar 02, 2018 9:05 pm by Backstage

» "My Entrepreneurship Mind and the Leadership Heart” Mr. Dhammika Perera
Fri Mar 02, 2018 9:00 pm by Backstage

» Citi rating model tops Sri Lanka as most attractive frontier market
Fri Mar 02, 2018 8:41 pm by Backstage

» JINS.N0000 ( Janashakthi Insurance PLC)
Fri Mar 02, 2018 9:51 am by කිත්සිරි ද සිල්වා

» Aircel, country's last small mobile phone operator, files for bankruptcy (India)
Thu Mar 01, 2018 10:23 am by sashimaal

» Alliance Finance
Tue Feb 27, 2018 5:33 pm by Ethical Trader

Tue Feb 27, 2018 11:13 am by Ethical Trader

Mon Feb 26, 2018 5:08 pm by Ethical Trader

» East West properties
Mon Feb 26, 2018 5:07 pm by Ethical Trader

» Resus Energy වැඩි බලය Trydan Partners යටතට
Fri Feb 23, 2018 6:13 pm by Ethical Trader

» බුද්ධ භවනා
Thu Feb 22, 2018 2:35 pm by Ethical Trader

» හවුල් ආණ්ඩුව තවදුරටත් පවතින බව පාර්ලිමේන්තුවට දන්වයි
Wed Feb 21, 2018 5:17 pm by Ethical Trader

» ජීවිතය පටන් ගන්නේ 60න්
Wed Feb 21, 2018 3:14 pm by lanka

» EAP ගනුදෙනුවේ සැඟවුණු ගැනුම්කරු හෙළිවෙයි
Wed Feb 21, 2018 2:39 pm by lanka

» මිලියන 4,000 ක අකිලගේ ටැබ් කොන්ත්‍රාත්තුව අබාන්ස්ට
Tue Feb 20, 2018 7:55 pm by nihal123

» Dhananath Fernando wins $ 10,000 for Sri Lanka in Think Tank Shark Tank in Asia
Mon Feb 19, 2018 11:35 am by Ethical Trader

» උදයංග වීරතුංග රැගෙන ඒමට පොලිස් නිලධාරීහු ඩුබායි වෙත
Mon Feb 19, 2018 8:24 am by soileconomy

» ධම්මික පෙරේරා කෝටි 16 ක කාරයක් ගෙනෙයි
Sat Feb 17, 2018 9:31 pm by soileconomy

» ආර්ථික අර්බුදය ඉක්මවා ගිය දේශපාලන අර්බුදය හමුවේ 'රුපියල'
Fri Feb 16, 2018 7:00 pm by Ethical Trader

Fri Feb 16, 2018 11:12 am by pjrngroup

» විගණකාධිපතිගේ 2016 වාර්තාව මෙන්න
Tue Feb 13, 2018 12:31 pm by Ethical Trader

» Boost for foreign investment in Govt. securities
Thu Feb 08, 2018 12:45 pm by Ethical Trader

» අනිලානා පුද්ගලික නිකුතුවට කොටස්කරුවන්ගේ සහාය පතයි
Thu Feb 08, 2018 9:28 am by The Invisible

March 2018

Calendar Calendar


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

ADB lends US $ 250mn for Sri Lanka’s capital market development

Go down

ADB lends US $ 250mn for Sri Lanka’s capital market development

Post by balapas on Tue Nov 29, 2016 9:38 am

* Loan to be disbursed in two equal tranches
* Finance Ministry is executing agency

CB, IBSL, SEC and SLAASMB are implementing agencies
The Sri Lankan government has entered into a loan agreement with the Asian Development Bank (ADB) to obtain a loan of US $ 250 million from the Ordinary Capital Resources Fund of ADB to implement the Capital Market Development Programme (CMDP) in Sri Lanka.
The main objective of the CMDP is to ensure that the capital market in Sri Lanka is more effective in mobilizing resources for the economy’s financing requirements to better promote growth and development.

Under the CMDP, it is desired to develop an efficient, stable and transparent capital market, which is a highly proficient conduit for resource mobilization with a strong legal and regulatory framework.

Increasing the capacity and size of the capital market through enhanced market facilitation, demand measures and supply measures are also identified as objectives of the CMDP.
The proposed loan of US $ 250 million will be disbursed in two tranches of approximately US $ 125 million each based on the accomplishment of the policy actions relevant for each of the tranches. The Finance Ministry will be the executing agency of the programme, whereas the Central Bank (CB) of Sri Lanka, Securities and Exchange Commission (SEC), Insurance Board of Sri Lanka (IBSL) and Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) will be the implementing agencies.

In this connection, Finance Ministry Secretary Dr. R.H.S. Samarathunga on behalf of the Government of Sri Lanka and ADB Sri Lanka Resident Mission Country Director Sri Widowati on behalf of ADB signed the loan agreement on November 24 at the Finance Ministry.
- See more at:

Top contributor
Top contributor

Posts : 761
Join date : 2014-02-23
Age : 38

Back to top Go down

Back to top

Permissions in this forum:
You cannot reply to topics in this forum