The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» ප්‍රතිඵලේ මොකක් උනත් ජ්යෝතිෂය සත්‍ය වෙන හැටි දැක්කද?
Sri Lanka bank profitability under pressure: Moody’s EmptyToday at 9:15 am by ruwan326

» Technology~විද්‍යාව ~ Wisdom
Sri Lanka bank profitability under pressure: Moody’s EmptyYesterday at 7:14 am by ruwan326

» ඇයි අප්සට් ද?
Sri Lanka bank profitability under pressure: Moody’s EmptySat Nov 16, 2019 4:57 pm by chutiputha

» ගෝඨාට ඉල්ලන්න බෑලු
Sri Lanka bank profitability under pressure: Moody’s EmptySat Nov 16, 2019 7:18 am by ruwan326

» සෞභාග්‍යතා දර්ශකයේ ඉහළ යාමක්
Sri Lanka bank profitability under pressure: Moody’s EmptyFri Nov 15, 2019 1:54 pm by nihal123

» Puolanka The most pessimistic town
Sri Lanka bank profitability under pressure: Moody’s EmptyFri Nov 15, 2019 1:14 pm by Backstage

» Dividend Announcement
Sri Lanka bank profitability under pressure: Moody’s EmptyThu Nov 14, 2019 10:51 am by nihal123

» SAMP.N0000 (SAMPATH BANK PLC)
Sri Lanka bank profitability under pressure: Moody’s EmptyThu Nov 14, 2019 5:13 am by NIRMALSG

» අනං මනං! #/+?.<>
Sri Lanka bank profitability under pressure: Moody’s EmptyMon Nov 11, 2019 12:38 pm by nihal123

» Thread for News on CSE and SL Economy
Sri Lanka bank profitability under pressure: Moody’s EmptyMon Nov 11, 2019 10:51 am by ruwan326

» ඇඟට නොදැනී ප්‍රතිඋත්තර දෙන හැටි
Sri Lanka bank profitability under pressure: Moody’s EmptySun Nov 10, 2019 7:37 pm by ruwan326

» What's 5G?
Sri Lanka bank profitability under pressure: Moody’s EmptySat Nov 09, 2019 3:14 pm by Afourer

» ACL කේබල්ස් ට රුපියල් මිලියන 789 ක ඒරියල් බන්ඩල් සන්නායක කොන්ත්‍රාත්තුවක්
Sri Lanka bank profitability under pressure: Moody’s EmptySat Nov 09, 2019 7:50 am by කිත්සිරි ද සිල්වා

» ලාෆ් ගෑස් සමාඟමට එරෙහිව විනිමය කොමිසමෙන් නඩු
Sri Lanka bank profitability under pressure: Moody’s EmptySat Nov 09, 2019 3:05 am by Rana

» CFVF - First Capital
Sri Lanka bank profitability under pressure: Moody’s EmptyFri Nov 08, 2019 8:36 pm by hammurabi

» Hayleys MGT
Sri Lanka bank profitability under pressure: Moody’s EmptyWed Nov 06, 2019 10:13 pm by seek

» Thought for the day...
Sri Lanka bank profitability under pressure: Moody’s EmptyWed Nov 06, 2019 10:24 am by ruwan326

» මෑතකාලීන ආර්ථික ප්‍රවණතා: 2019 සුවිශේෂ සිදුවීම් සහ 2020 අපේක්ෂාවන්
Sri Lanka bank profitability under pressure: Moody’s EmptyTue Nov 05, 2019 1:22 pm by nihal123

» DIPD.N0000 (Dipped Products)
Sri Lanka bank profitability under pressure: Moody’s EmptySun Nov 03, 2019 9:13 pm by spw19721

» IMF approves disbursement of USD 164 million for Sri Lanka
Sri Lanka bank profitability under pressure: Moody’s EmptySun Nov 03, 2019 6:50 pm by Backstage

» Recent tax developments on residential condominium properties
Sri Lanka bank profitability under pressure: Moody’s EmptySun Nov 03, 2019 5:56 pm by Backstage

» Local Palm Oil Industry
Sri Lanka bank profitability under pressure: Moody’s EmptySun Nov 03, 2019 4:44 am by serene

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Sri Lanka bank profitability under pressure: Moody’s EmptySat Nov 02, 2019 10:00 pm by hammurabi

» LPL.N0000
Sri Lanka bank profitability under pressure: Moody’s EmptyFri Nov 01, 2019 8:35 pm by Admin

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Sri Lanka bank profitability under pressure: Moody’s EmptySun Oct 27, 2019 9:08 pm by PANTOMATH

» දුක බෙදාගත් හැටි
Sri Lanka bank profitability under pressure: Moody’s EmptySun Oct 27, 2019 6:48 pm by serene

» මේ විදියට තව අවුරුදු 5ක් ගියොත් දකුණු ආසියාවේ දුප්පත්ම රට බවට ශ්‍රී ලංකාව පත්වේවි – මහාචාර්ය එච්.ඩී. කරුණාරත්න
Sri Lanka bank profitability under pressure: Moody’s EmptyFri Oct 25, 2019 9:31 pm by ruwan326

» KFP.N0000(Keels Food Products PLC)
Sri Lanka bank profitability under pressure: Moody’s EmptyFri Oct 25, 2019 8:26 am by yellow knife

» CCS.N0000 ( Ceylon Cold Stores)
Sri Lanka bank profitability under pressure: Moody’s EmptyThu Oct 24, 2019 5:57 pm by dhanurrox

» RENUKA AGRI FOODS PLC ( RAL.N0000 )
Sri Lanka bank profitability under pressure: Moody’s EmptyThu Oct 24, 2019 10:13 am by lanka

» Forex Trading කළොත් නඩු
Sri Lanka bank profitability under pressure: Moody’s EmptyWed Oct 23, 2019 11:09 am by nihal123

» East West properties
Sri Lanka bank profitability under pressure: Moody’s EmptyWed Oct 23, 2019 7:00 am by slstock

» Food and Beverages
Sri Lanka bank profitability under pressure: Moody’s EmptyMon Oct 21, 2019 7:54 am by කිත්සිරි ද සිල්වා

» Devolution of power, civil wars, altruism, nepotism in animal world
Sri Lanka bank profitability under pressure: Moody’s EmptyFri Oct 18, 2019 10:15 pm by Backstage

» RCL - Royal Ceramics
Sri Lanka bank profitability under pressure: Moody’s EmptyMon Oct 14, 2019 12:47 pm by seek

» Performance of the Market-Weekly
Sri Lanka bank profitability under pressure: Moody’s EmptySat Oct 12, 2019 4:29 am by ruwan326

» Confidence to boom after election – CBSL Governor
Sri Lanka bank profitability under pressure: Moody’s EmptyFri Oct 11, 2019 4:09 pm by Backstage

» Sri Lanka among top 20 rising stars of world trade
Sri Lanka bank profitability under pressure: Moody’s EmptyFri Oct 11, 2019 4:08 pm by Backstage

» CLND Not to miss
Sri Lanka bank profitability under pressure: Moody’s EmptyThu Oct 10, 2019 9:24 am by ruwan326

» අපි නොදන්න ගීතයක කතාව
Sri Lanka bank profitability under pressure: Moody’s EmptyFri Oct 04, 2019 11:55 am by nuwanmja

» මූඩීස් ප්‍රකාශය පිළිගන්න බැහැ – මහ බැංකුව කියයි
Sri Lanka bank profitability under pressure: Moody’s EmptyWed Oct 02, 2019 6:46 am by nihal123

» ආර්ථික වර්ධනය 2.7% ට බසී
Sri Lanka bank profitability under pressure: Moody’s EmptyTue Oct 01, 2019 1:29 pm by nihal123

» Ranil agrees to give Sajith candidacy - AdaDetana
Sri Lanka bank profitability under pressure: Moody’s EmptyThu Sep 26, 2019 5:05 pm by mymoney

» Cracks in the Real Estate Sector
Sri Lanka bank profitability under pressure: Moody’s EmptyThu Sep 26, 2019 2:44 pm by chutiputha

» Films - To Watch List
Sri Lanka bank profitability under pressure: Moody’s EmptyFri Sep 20, 2019 8:38 am by Topcat

» ෆිනෑන්ස් බලපත්‍රය අවලංගුයි. අද සිට මුදල් ව්‍යාපාර බැහැ
Sri Lanka bank profitability under pressure: Moody’s EmptyFri Sep 20, 2019 7:53 am by serene

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Sri Lanka bank profitability under pressure: Moody’s EmptyThu Sep 19, 2019 4:33 pm by nuwanmja

» Easter Sunday Attack and Sri Lanka
Sri Lanka bank profitability under pressure: Moody’s EmptyThu Sep 19, 2019 12:49 pm by Ethical Trader

» Trading Journal
Sri Lanka bank profitability under pressure: Moody’s EmptyWed Sep 18, 2019 9:01 am by CK

» කැසිනෝ ව්‍යාපාරික රවී විජේරත්න, අර්බුදයට පත් MTD Walkers මිල දී ගැනීමට සැරසෙයි
Sri Lanka bank profitability under pressure: Moody’s EmptyMon Sep 09, 2019 7:47 pm by nihal123

November 2019
SunMonTueWedThuFriSat
     12
3456789
10111213141516
17181920212223
24252627282930

Calendar Calendar

Disclaimer


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

Sri Lanka bank profitability under pressure: Moody’s

Go down

Sri Lanka bank profitability under pressure: Moody’s Empty Sri Lanka bank profitability under pressure: Moody’s

Post by The Invisible on Sat Aug 31, 2019 8:44 am

ECONOMYNEXT – Sri Lankan banks’ profitability is under pressure with an uptick in bad loans, Moody’s rating agency said in a new report which notes its negative outlook for the banking system is driven by slow economic growth.

“ . . . weakening asset quality is keeping credit costs high, in turn pressuring profitability,” said the report.

Moody’s expects the government’s capacity to support banks will be limited given its large amounts of external debt and contingent liabilities.

Fundamental risks to Sri Lanka’s economy remain significant, given its twin trade and budget deficits and the government’s high reliance on external debt, Moody’s Investors Service said in the new report.

It projects Sri Lanka’s economic growth will slow to 2.6 percent in 2019 from 3.2 percent in 2018 on declining tourist arrivals,

“Asset quality will weaken amid sluggish economic conditions,” Moody’s said.

The slow recovery in the tourism and related sectors after April’s suicide bombings is resulting in subdued economic growth.

“Tourist arrivals declined sharply following the Easter Sunday attacks in Sri Lanka, but have started recovering and should support an improvement in GDP growth in 2020,” said Tengfu Li, a Moody’s analyst.

Political risks could also resurface, with presidential and parliamentary elections scheduled for late 2019 and 2020, the report noted.

Previous bouts of political instability having triggered significant capital outflows and currency depreciation.

“Weak economic growth will in turn result in deteriorating asset quality, also on the back of excessive credit growth in recent years,” said Li.

However, bank loan growth has moderated, which should help keep capitalization stable and also ease funding pressure.
(COLOMBO, 30 August 2019)
The Invisible
The Invisible

Posts : 1237
Join date : 2016-11-28
Age : 40

Back to top Go down

Back to top


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