Notable
SMIB was established under Act No. 13 of 1975 and commenced operations in January 1979.
This brings about 200,000 retail customer accounts under NTB
The websites would also have domain names that closely resemble the actual one
The review will investigate the fraudulent transactions and “lapses in controls, oversight and governance.”
Follows ongoing investigation into a fraud where 74 billion rupees was transferred overseas across 10,151 transactions
Potential downside risks to economic conditions may weigh on PB's business generation and earnings, similar to peers.
"But now, I think we are very open to seeing some projects"
The appointments are effective from September 16.
redit to government Rs188.7bn up to July compared to Rs901bn private credit
Samurdhi bill strengthens financial accountability within community-based banks and banking socities
Bad loans expected to fall
Profits helped by strong net interest income growth
Last year's provisions were high due to ISBs
Loans and advances grow 21-pct
Taxes were in excess of 8.4 billion rupees in the quarter
Net fee and commission income edged up 1 percent to 2,049 billion rupees
| Latest | Last | |
|---|---|---|
| US Dollar | 332.3603 | 330.8514 |
| UK Pound | 440.9424 | 438.3450 |
| Euro | 368.4879 | 371.0168 |
| Yen | 2.0805 | 2.0916 |
| Aus Dollar | 227.4342 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5474 | 3.4202 |
| Korean Won | 0.2492 | 0.2479 |
| Oman Rial | 863.2287 | 859.3320 |
| Saudi Riyal | 88.5586 | 88.0955 |
| UAE Dirham | 90.4874 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,365.57 | +0.26% |
| CSE All Share | 22,157.40 | +0.56% |
| Turnover Rs | 2975.05 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Provision reversals, rupee depreciation helps boost profits
Private credit outpaces private credit by Rs521bn rupees
He replaces W P R P H Fonseka.
The bank's impairment cost is down by 55 percent in the quarter
Central bank rules require holding to be brought down to 15-pct by 2029
Lower provisions net interest income down
A mutual evaluation framework is coming up next year
A 90 percent loan to value for electric vehicles has been removed
Bridjin was founded by Geeth Balasuriya, who counts over 20 years experience in finance
"There are concerns whether there is money laundering."
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