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Tuesday September 26th, 2023

Sri Lanka identifies informal money remitters as high-risk under money laundering

Sri Lanka is struggling to raise its tax revenue amid money laundering activities

September 14, 2023 3 min read

Sri Lanka private credit flat in July, govt credit up

Rupee fall changes outstanding debt value

September 4, 2023 1 min read

Sri Lanka to give 12-pct subsidized loans for small millers to buy paddy

The loan will have to be repaid in 180 days.

September 3, 2023 1 min read

Sri Lanka banks covered larger part of SLDB exposure: CB Governor


August 25, 2023 2 min read
Sri Lanka central bank may tighten price controls further if rates don't fall faster

In the first set of controls, ceilings would be imposed on selected credit products

Bangladesh expects Sri Lanka to repay US$200mn swap by September: report

Bangladesh expects the next installment within two weeks, the newspaper said.

Sri Lanka's Commercial Bank profits trimmed by rupee gains in June quarter

Rupee asset values down amid currency gain

August 13, 2023 1 min read

Sri Lanka to plug gaps in anti-money laundering, counter terror financing rules

Sri Lanka to face an evaluation by the Asia Pacific Regional Group on Money Laundering from March 2025

Apsara Rodrigo
August 8, 2023 1 min read

Sri Lanka private credit positive in June, money printed, rupee down

Private credit positive for the first time since May 2023

August 6, 2023 2 min read

Sri Lanka's National Development Bank 'A-(lka)' rating maintained: Fitch

Risks to Sri Lankan banks' operating environment (OE) remains high

July 31, 2023 6 min read

Sri Lanka's Seylan Bank (A-(lka) rating maintained by Fitch


July 30, 2023 6 min read

Sri Lanka DDR plan reduces risks of insurers: Fitch

Insurers are already under rating watch

July 24, 2023 3 min read

Sri Lanka central bank, private credit contracts in May amid currency gain: analysis

Credit contraction partly helped by rupee gain

July 17, 2023 3 min read

Sri Lanka DDR will not trigger loss of depositor confidence: Fitch

Rating watch negative still remains

July 6, 2023 4 min read

Sri Lanka banks not expected to provide for more ISB losses: CB Governor

They had already provided up to 35 percent

June 29, 2023 1 min read

Sri Lanka to have a tax special court: State Minister

Sri Lanka should increase tax files from 300,000 to a million, Minister Siyambalapitiya said.

Nethmi Rajawasam
June 29, 2023 1 min read
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Latest Last
US Dollar 330.2942 315.1016
UK Pound 429.0139 401.1871
Euro 372.1704 343.1959
Aus Dollar 227.2526 211.5951
Yen 2.3820 2.1908
Source: Central Bank/Indicative
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Korea Won 0.2342 0.2292
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pts %
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CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
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3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's CoPF summons CB, banks, EPF over DDR

On Friday 30 we will meet again together to resolve outstanding issues

June 28, 2023 1 min read

Sri Lanka banks to operate normally as DDO goes through parliament: CB Governor

Deposits not harmed

June 26, 2023 1 min read

Sri Lanka banks call for insolvency regime, discussions as bad loans rise

Complacency that capital and liquidity measures currently exceed regulatory minimum criteria is a false comfort

June 19, 2023 5 min read

Sri Lanka chamber outlines alternative financing mechanisms

Sri Lanka Chambers of Commerce has suggested alternative finance options for the island nation

June 19, 2023 8 min read

Sri Lanka CFA awards to highlight resilient portfolios

The event is held in line with its 10th annual CFA Capital Market Awards

June 18, 2023 1 min read

Sri Lanka above 18 voters should open tax files - State Minister

“If citizens at the age of 18 years can vote for the President, choose how a country is led, then they should pay tax....

Neshella Perera
June 17, 2023 2 min read

Sri Lanka's Lankapay and Nepal's Fonpay link up for cross-border payments

Enables mobile QR based payments in Sri Lanka and Nepal

June 16, 2023 1 min read

Sri Lanka's People's bank 'A(lka)' rating confirmed with negative watch: Fitch

Fitch Ratings has maintained the Rating Watch Negative (RWN) on the 'A(lka)' National Long-Term Rating of People's Bank

June 14, 2023 5 min read

Sri Lanka's Hatton National Bank 'A(lka)' rating confirmed with negative watch: Fitch

Fitch has also maintained HNB's senior and subordinated debt ratings of 'A(lka)' and 'BBB+(lka)', respectively, on RWN.

June 14, 2023 6 min read

Sri Lanka's Commercial Bank 'A(lka)' rating confirmed with negative watch

Fitch Maintains Commercial Bank of Ceylon's 'A(lka)' National Rating on Watch Negative

June 14, 2023 5 min read
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