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Friday December 9th, 2022
Banking

Sri Lanka private credit negative, govt credit up in Oct

Private credit contracted 224.4 billion rupees in the five months to October

December 5, 2022 2 min read

Sri Lanka banks may need more regulatory, accounting forbearance: Coomaraswamy

They have given some already

December 1, 2022 3 min read

Sri Lanka banks asked not to compete for deposits: CB Governor

We have made a request for banks not to compete for deposits

November 30, 2022 3 min read

Kevin Green to head HSBC wholesale banking in Sri Lanka, Maldives

To support firms expanding internationally

November 30, 2022 1 min read

Sri Lanka to give cut-price loans to small and micro firms hit by crisis

For firms in agriculture, exports and and tourism

October 31, 2022 1 min read

Sri Lanka banks to be re-capitalized based diagnostic study: Deputy Governor

And based on the final outcome capitalization will also take place

October 7, 2022 2 min read
1

Sri Lanka plans deposit interest caps, more price controls: President

Limits will be imposed on deposit rates to reduce interest rates

October 6, 2022 2 min read
3

Sri Lanka private credit contracts in August, SOE credit down

CB credit slows

October 3, 2022 2 min read

Sri Lanka's SDB to focus on export oriented and value creating businesses

Bank marks 25 years in business

September 9, 2022 2 min read

Sri Lanka to sell down 20-pct state banks shares to workers, depositors

All banks in Sri Lanka have faced capital depletion amid bad loans and rate rises

August 30, 2022 1 min read

Sri Lanka clears offshore banks at Colombo Port City: Commission

New account created in all banks to help invest in Colombo Port City

August 5, 2022 1 min read

Sri Lanka private credit negative in June 2022, Rs189bn printed

Dollar denominated credit repaid by state and private borrowers

August 1, 2022 1 min read

Sri Lanka's NDB downgraded to 'A(lka)' amid soft-peg collapse

Has government securities

July 29, 2022 6 min read

Sri Lanka banks cut foreign borrowings, see more deposit dollarization

Under monetary instability it is not just ISBs that went up but also bank dollar borrowings

July 24, 2022 4 min read
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Latest Last
US Dollar 371.7757 371.7599
UK Pound 442.7119 438.8584
Euro 387.1945 385.3880
Aus Dollar 253.0234 251.0798
Yen 2.6686 2.6603
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.4818 4.4863
Korea Won 0.2748 0.2747
Oman Rial 944.1068 944.1068
Saudi Riyal 96.7270 96.7115
UAE Dirham 98.9627 98.9627
Source: Central Bank/Indicative
pts %
S&P SL20 2,464.20 -3.19%
CSE All Share 8,087.04 -2.47%
Turnover Rs million 1,626,658,918 1,576,314,848
Source: CSE
Latest Last
3-m bill 31.03 31.03
6-m bill 29.57 29.60
12-m bill 28.41 28.41
5-yr bond 27.49 27.57
8-yr bond 27.44 27.23
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka private credit tumbles in May, state credit also falls

Govt credit also moderates amid credit line

July 3, 2022 3 min read

Sri Lanka's Bank of Ceylon downgraded to RD

We believe the foreign-currency funding and liquidity profile is highly stretched

June 27, 2022 8 min read
1

HSBC Group MD visits Sri Lanka to offer support

Rosha had met with key clients of the bank and discussed their challenges

June 19, 2022 1 min read

Sri Lanka's People's Bank clarifies NPA treatment

Non performing loans go through a recovery process

June 1, 2022 2 min read

Sri Lanka's People's Bank profits Rs7.4bn in March quarter

Times are extraordinary with the macro stresses clearly unprecedented

May 30, 2022 2 min read

Sri Lanka relaxes bank capital rules to cushion bond losses as rates spike

Banks face mark-to-market losses as well as bad loans from soft-peg crisis

May 24, 2022 2 min read

Sri Lanka bank credit jump Rs1.2trn in March in soft-peg collapse

Stability of foreign exchange rates was in their eyes a mischief, not a blessing

May 16, 2022 4 min read

Sri Lanka's Commercial Bank profits up 73-pct in March 2022 quarter

Net other operating income was loss of 12.2 billion rupees, loan loss provisions were down

May 16, 2022 2 min read

Sri Lanka central bank advances more dollars to banks

Total advanced to banks through swaps have risen to US$351mn

May 9, 2022 2 min read

Sri Lanka seeks forex liquidity support for state banks from AIIB

Minister Ali Sabry discussed the need for FOREX liquidity support for the state banks of Sri Lanka

May 9, 2022 1 min read
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