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BRIEF-Moody's says Sri Lankan banking system outlook negative
August 31, 2017 / 4:02 AM / 22 days ago

BRIEF-Moody's says Sri Lankan banking system outlook negative

Aug 30 (Reuters) -

* Moody’s says Sri Lankan banking system outlook negative; macroeconomic risks and worsening asset quality evident

* Moody’s on Sri Lankan banking system - economy will see modest growth rebound as government’s fiscal constraints continue to limit public investment, private spending

* Moody’s on Sri Lankan banking system: funding profiles of banks are set to improve after weakening in recent quarters, as loan growth slows down

* Moody‘s- in addition, profits for Sri Lankan banks to come under pressure as higher funding costs offset benefits from higher loan rates

* Moody’s on Sri Lankan banking system - capital will remain stable as banks are raising capital, reducing dividends to comply with Basel III requirements

* Moody's - funding profiles of Sri Lankan banks are set to improve after weakening in recent quarters, as loan growth slows down Source text: bit.ly/2wL1Xsq

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