The Cell signed a MOU with LB Finance to develop a model to develop suitable models to forecast the ratio of Non-performing loans to Total loans and advances (NPL2TL) in Banking and Finance Industry on March 24, 2017. This project was done at the Department of Statistics. The Phase one of the project was finished on April 2017 and the MOU for the second phase was signed on May 09, 2017. The objective of this phase was to  presents the models developed with the limitations of the study and recommendations to further improvements. Final report for the second phase was submitted on September 19, 2017.

MOU for the phase three of this project was signed on March 14, 2018 and the project was completed on September 9, 2018. The company was happy about the project and the project is still continuing.  

Consultants:

Dr. C.D. Tilakaratne (Phase I & Phase II)
Mr. A.R.R. Munasinghe (Phase I, Phase II & Phase III)
Dr. G.P. Lakraj (Phase III)

Client:

LB Finance PLC