- yellow knifeTop contributor
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Join date : 2014-03-27
SINHAPUTHRA FINANCE PLC (SFL.N0000)
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Theoretically the Market should Discipline such companies by sending signals like declining share price . However as stated in Chairman's message in annual report 2020/21 the company is exploring opportunities for potential mergers and acquisitions.
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- yellow knifeTop contributor
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Join date : 2014-03-27
Re: SINHAPUTHRA FINANCE PLC (SFL.N0000)
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- yellow knifeTop contributor
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Join date : 2014-03-27
Re: SINHAPUTHRA FINANCE PLC (SFL.N0000)
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- yellow knifeTop contributor
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Join date : 2014-03-27
Re: SINHAPUTHRA FINANCE PLC (SFL.N0000)
1. Loan portfolio is cash/gold backed which is around 87%
2. Deposit retention ratio is 80%.
Company strongly believe in Financial Sector Consolidation Master Plan of Central Bank that will ensure stability of 43 NBFIs in Sri Lanka.
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