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Unsecured loan options may be less risky than other loan types for certain borrowers, but not all. When taking out any long-term debt, making a fully educated decision is crucial to promoting ...
Unsecured debts are sometimes called signature debt or personal loans. [2] These differ from secured debt such as a mortgage , which is backed by a piece of real estate. In the event of the bankruptcy of the borrower, the unsecured creditors have a general claim on the assets of the borrower after the specific pledged assets have been assigned ...
It is one of the leading finance companies in Sri Lanka and it is also ranked within the top five largest licensed financial institutions among the 46 non banking institutions in the country. [2] In September 2019, the company received the Best Social Media Initiative of the Year at the 2019 Asian Banking & Finance Awards which was held at the ...
Airport and Aviation Services (Sri Lanka) Limited; The Associated Newspapers of Ceylon Ltd; B.C.C. Lanka Ltd; B.O.C. Bank; CTB BUS; Lynx BUS; Building Materials Corporation Ltd
The interest rate on an unsecured loan for home improvement could be higher to offset the risk the lender assumes since it’s an unsecured debt product. You’ll need good credit.
It has branches in both urban and rural areas of Sri Lanka. Seylan bank had 170 banking centres [ 2 ] island-wide, 3173 staff members (as at 1st August 2024), an ATM network of 182 units covering crucial locations, 11 branches providing 365-day banking [ 3 ] in 2020.
Deep state whistleblower Edward Snowden may be getting a new lease on life. The famous fugitive, who has been living in Russia since 2013 after leaking classified National Security Agency ...
The Sri Lanka Interbank Payment System (or SLIPS in short) is the largest account-to-account fund transfer network in Sri Lanka. [2] Created by LankaClear, it enables member banks to carry out same-day transfers of up to Rs. 5 million, in a secure paperless process.