The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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

2 posters

    Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka

    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka Empty Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka

    Post by First Guy Mon Apr 07, 2014 7:23 am

    The Government of Sri Lanka has appointed DFCC Bank to administer the new credit line of EUR 90 million extended to Sri Lanka by the European Investment Bank. The management mandate agreement and the on-lending agreement were exchanged between DFCC Bank and the Ministry of Finance and Planning on 4 April.
    The European Investment Bank (EIB) is owned by the member states of the European Union. DFCC Bank, the country’s pioneer development bank with a 60-year track record, has had a long standing relationship with EIB, and in the past had dedicated two credit lines exclusive to DFCC amounting to EUR 40 million followed by EUR 50 million.  DFCC also managed the multi bank EUR 60 million EIB Post Tsunami credit line.

    Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka Outside-lead-1-The-agreement-being-exchanged-between-Dr.-P.B.-Jayasundera-Secretary-to-the-Ministry-of-Finance-and-Planning-and-Mr

    “While the credit line will give an impetus to the long-term funding base of the country, Banks are encouraged to pursue other avenues of raising funds overseas on their own accord to meet their funding requirements,” Secretary to the Ministry of Finance and Planning Dr. P.B. Jayasundera said.

    Funds from the credit line will be utilised to develop the Small & Medium Enterprise (SME) sector and to encourage renewable energy based power generation schemes and energy efficiency measures.  Beneficiaries can obtain long term loans at very attractive interest rates. The minimum eligible project cost has to be the equivalent of EUR 100,000 for an SME and EUR 500,000 for a renewable energy or energy efficiency project.

    “We are privileged to be mandated as the Administrative Unit and I believe DFCC Bank’s excellent track record of managing credit lines in the past made us the natural choice for administering the new EIB  SME/Green Energy credit line,” DFCC Bank CEO Arjun Fernando said.

    DFCC Bank has been in the forefront of financing renewable energy schemes in the country.  In the recent past, DFCC has administered the EIB Post Tsunami Credit line, the KfW Credit line for SME Development in the North and East and the World Bank and the Global Environment Facility assisted Energy Services Delivery (ESD) Project and Renewable Energy for Rural Economic Development (RERED) Project. The ESD project was rated as ‘Highly Satisfactory’ – a rating given for exceptional performance by the World Bank. The performance of the RERED Administrative Unit was also rated as Highly Satisfactory.

    The ESD and RERED Project are considered as ground breaking renewable energy projects and the successful model has been replicated in many other World Bank projects throughout the world. The projects were highlighted in case studies by the Lee Kwan Yew School of Public Policy of the National University of Singapore (2011) and the United Nations Development Program (2012). In 2012, the bank was invited to participate in a South-South Knowledge Exchange Conference in Bali, Indonesia.  The bank has also hosted study teams from various countries including India, Nepal, Philippines, Cambodia, Mozambique, Ghana and Uganda.

    http://www.ft.lk/2014/04/07/govt-appoints-dfcc-bank-as-administrator-of-european-investment-banks-eur-90-m-to-sri-lanka/
    Lux2014
    Lux2014


    Posts : 172
    Join date : 2014-03-29
    Location : Colombo

    Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka Empty Re: Govt. appoints DFCC Bank as Administrator of European Investment Bank’s EUR 90 m to Sri Lanka

    Post by Lux2014 Mon Apr 07, 2014 8:19 am

    Hope we will be able to see more "Green" projects now.

      Current date/time is Tue Oct 08, 2024 5:51 pm