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Lanka Orix Leasing Company (LOLC) yesterday exhibited its new logo and its new concept as a total financial solutions provider. Non banking financial products on offer comprise debt factoring.. (more…)
The International Finance Corporation (IFC) has joined hands with six Sri Lankan private banks to educate SME owners on getting…
#bank#international#small business
Market Performance and Supply Number of Players There are currently four companies engaged in factoring in Sri Lanka. LOFAC, which…
#bank#exporters#leasing
The newly established SME Bank, the nation's enterprise Bank for small-and medium-scale entrepreneurs, has expanded... (more…)
#bank#banks#interest rate
A special scheme to assist small- and medium-scale entrepreneurs (SMEs) to explore the possibility of exporting and promoting their non-traditional…
#economy#exporters#exports
Capital Reach Holdings, the firm that took over Vanik Inc.'s leasing and factoring business, is scouting for (more…)
#leasing#management#working capital
The International Trade Centre (ITC), has introduced FiT, a business advisory service, to serve as a catalyst for small- and…
#conference#exporters#International Trade
Seylan Bank has reduced its lending rates ranging from 0.5% to 1% per annum with effect from 1 November. The…
In recent months, Lanka Orix Factors have experienced a slight shift in their client base as they take on more…
#BCR Publishing
Lanka Orix Factors have this month been able to offer their clients the facility to view their sales ledgers on…
Country Volume (in US$) Percentage of Total Export Factoring Volume Canada 599,324 24.24 Poland 426,312 17.24 USA 345,688 13.98 UK 262,742 10.63 Germany 183,275 7.41 France 139,284 5.63 Netherland 126,076 5.10 South Africa 98,310 3.98 Australia 97,452 3.94 Chile 76,694 3.10 Japan 58,800 2.38 Italy 31,485 1.27 Belgium 25,919 1.05 Austria 938 0.04 Total 2,472,299 100
#poland
There has been a sharp increase in the money market rates in Sri Lanka during the last month and a…