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Friday November 13th, 2026
Banking

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

Sri Lanka tightens bank dividends, profit repatriation to preserve capital

Banks were also asked not to buy back shares, to use "extreme due diligence and prudence" in capex

May 8, 2022 1 min read
Sri Lanka’s DFCC Bank to list Rs2bn green bond issue

The green bond issuance, a first, will benefit the solar sector in the country, the bank said.

Sri Lanka private credit expands in July, SOE down

Government credit also positive

Sri Lanka's ETI affiliate says no approval for investor yet

Sri Lanka's Swarnamahal Financial Services Ltd, an affiliate of ETI which is under central bank administration said a pr...

February 21, 2018 1 min read

Sri Lanka’s Commercial Bank gets Myanmar microfinance licence

ECONOMYNEXT - CBC Myanmar Microfinance Co., Ltd., a fully owned subsidiary of Sri Lanka’s Commercial Bank, has go...

February 19, 2018 1 min read

Sri Lanka's The Finance Losses up 24-pct, balance sheet gap Rs16bn

Losses at Sri Lanka's troubled The Finance Company expanded 24 percent to 598.2 million rupees in the December 2017 quar...

February 17, 2018 4 min read

Sri Lanka's Sampath Bank net up 52-pct in Dec

Profits at Sri Lanka's Sampath Bank rose 52 percent to 3.89 billion rupees helped by a 23 percent growth in net interest...

February 16, 2018 1 min read

Sri Lanka's Sampath to accept Alipay payments

Sri Lanka's Sampath Bank said it had started to accept payments of Alipay, a payment platform set up by China's Alibaba ...

February 14, 2018 2 min read

Sri Lanka's Central Finance net up in Dec quarter, says past profits overstated

Profits at Sri Lanka's Central Finance Plc, a non-bank lender grew 18.9 percent to 1.4 billion rupees in the December 20...

February 12, 2018 2 min read

Sri Lankan banks overshoot SME lending targets

ECONOMYNEXT – Sri Lankan banks have overshot lending targets under an Asian Development Bank (ADB) small business...

February 9, 2018 3 min read

Sri Lanka's NDB Bank net up 64-pct in Dec 2017

Profits at Sri Lanka's NDB Bank group December 2017 quarter profits rose 64 percent to 1.19 billion rupees, as net inter...

February 2, 2018 2 min read

FMO sells stake in Sri Lanka's LOLC micro lender

ECONOMYNEXT - Sri Lanka's LOLC Finance PLC (LOFC), acquired 100 percent in micro lender LOLC Micro Credit for 12.3 billi...

February 1, 2018 1 min read

IMF, activist, ask for action after Sri Lanka placed on money laundering scrutiny

The International Monetary Fund and a governance activist has urged action after Sri Lanka was placed under scrutiny for...

January 28, 2018 4 min read
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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
Source: Central Bank/Indicative
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
Source: Central Bank/Indicative
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
Source: CSE
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
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

NDB Investment Bank in deals worth Rs55bn in Sri Lanka, Maldives, Bangladesh

Sri Lanka's NDB Investment Bank said it sold debt, equity and takeover deals in advised take-overs worth 55 billion rupe...

January 26, 2018 2 min read

Sri Lanka excessive beer tax policy benefited bondscam group: Minister

An excessive tax hike on beer imposed by Sri Lanka's ex-finance minister had benefited a company connected to a business...

January 19, 2018 2 min read

Sri Lanka Sampath Bank's Basel III debentures rated 'A(lka)(EXP)'

ECONOMYNEXT - Fitch Ratings has assigned Sampath Bank's proposed Basel III compliant subordinated debentures an expected...

January 12, 2018 3 min read

Sri Lanka and IFC in bid to boost financial inclusion

Washington based International Finance Corporation and Sri Lanka's central bank has teamed up to develop a strategy to b...

January 10, 2018 1 min read

Sri Lankan banks to issue more debentures in 2018: Fitch

ECONOMYNEXT – Sri Lankan banks are likely to significantly increase issuance of Basel III-compliant debentures in...

January 8, 2018 3 min read

Sri Lankan bank net interest margins seen stabilising

ECONOMYNEXT – Sri Lanka’s listed banks are expected to have a steady phase of growth during the 2018-20 pe...

January 5, 2018 1 min read

Sri Lanka's central bank mulls rules for cloud computing, fintech

ECONOMYNEXT - Sri Lanka's central bank plans to introduce guidelines for the financial sector covering emerging technolo...

January 4, 2018 1 min read

End of the road looms for Sri Lanka's small finance companies

Sri Lanka's small finance companies which have failed to boost minimum capital this year may be ordered to stop raising ...

January 3, 2018 3 min read

SrI Lanka's ETI Finance given liquidity support; cash injection expected: CB

Sri Lanka's ETI Finance and Swarnamahal Financial Serviced has run into liquidity crisis requiring regulatory interventi...

January 2, 2018 2 min read

Sri Lanka's ETI Finance, Swarnamahal under central bank management

ECONOMYNEXT - Sri Lanka's central bank said it will appoint new management to manage ETI Finance Ltd and Swarnamahal Fin...

January 2, 2018 1 min read