CMA signs MOU with Central Finance Company PLC as an Accredited Practical Training Partner


CMA was incorporated by Act of Parliament No. 23 of 2009, and signed a MOU with Central Finance Company PLC

CMA was set up in 2000, with the technical assistance of CMA - Canada and was based on the guidelines of the international accounting bodies the Institute of Management Accountants of USA, the International Federation of Accountants (IFAC), which is the world body for Accountants and the Management Accountants of the South Asian Federation of Accountants (SAFA).

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Fitch Affirms Sri Lanka's Central Finance at 'A+(lka)'

fitch rating

Fitch Ratings-Colombo-14 November 2013: Fitch Ratings Lanka has affirmed Central Finance Company Plc's (CF) National Long-Term Rating at 'A+(lka)' and assigned its proposed listed senior secured debenture of up to LKR2bn an expected National Long-term Rating of 'A+(lka)(EXP)'. The Outlook is Stable. Fitch has also affirmed CF's senior unsecured debt at 'A+(lka)' and subordinated debt at 'A(lka)'.

The proposed issuance is expected to have a tenor of between three and five years, with a fixed-rate coupon. CF expects to use the proceeds to fund lending growth. The final rating on the debenture is subject to the receipt of final documentation conforming to information already received.

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