The Asian Development Bank (ADB) and LOLC Finance have signed an agreement for a loan totaling $69 million to help expand funding support to micro-small- and medium-sized enterprises (MSMEs), which play a key role in the economy. LOLC Finance, will get $69 million, consisting of an A-loan of $30 million with a tenor of 7 years, and a B-loan of $39 million with a tenor of 3 years from commercial banks, with ADB acting as the lender of record.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
6.1 LKR | -1.61% |
|
+8.93% | +32.61% |
1st Jan change | Capi. | |
---|---|---|
+32.61% | 676M | |
-3.67% | 52.21B | |
-4.52% | 30.71B | |
+42.13% | 26.81B | |
+47.78% | 26.17B | |
+36.74% | 20.76B | |
+11.91% | 14.18B | |
+37.26% | 12.67B | |
+24.27% | 8.81B | |
-21.21% | 8.19B |
- Stock Market
- Equities
- LOFC.N0000 Stock
- News LOLC Finance PLC
- Asian Development Bank and LOLC Finance Sign an Agreement for a Loan Totaling $69 Million