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Friday November 13th, 2026
Banking

Sri Lanka's Bank of Ceylon 'CCC' rating place on watch for possible downgrade

Constrained access to foreign currency funding and indications of stress experienced by banks in the system as result

April 13, 2022 8 min read

Sri Lanka state private banks on watch for downgrade: Fitch

On heightened forex risks

April 13, 2022 4 min read

Sri Lanka CEB struggles to pay for coal, salaries amid tariff hike delay: report

State banks heavily exposed to energy utilities

March 29, 2022 2 min read

Sri Lanka opposition questions whether state bank delayed payment

Please look into this immediately

March 24, 2022 1 min read
Sri Lanka's Commercial Bank liquidates money transfer unit in Italy

all procedures related to the liquidation of its subsidiary Commex Sri Lanka S R L in Italy have been completed

Sri Lanka's Commercial Bank plans green bond issue to raise Rs5bn

Commercial Bank will issue 50 million redeemable green bonds at 100 rupees each for a tenure of five years.

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
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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

Sri Lanka troubled ETI may be overseen by state bank: report

State-run Bank of Ceylon, may be appointed managing agent of two troubled finance companies of Sri Lanka's EAP group of ...

December 31, 2017 1 min read

Sri Lanka renews invitation for Paypal to start inward remittance

Sri Lanka's central bank has invited Paypal to start inward remittances to the island officials said, amid a clamour for...

December 28, 2017 2 min read

Nathan Sivagananathan on Sri Lanka’s Dunamis Capital Board

ECONOMYNEXT – Sri Lanka’s Dunamis Capital, which has interests in financial services and real estate, has ...

December 20, 2017 1 min read

Sri Lanka doubles insurance payout for CIFL depositors

ECONOMYNEXT – Sri Lanka’s central bank has doubled the compensation payable to depositors of Central Inves...

December 5, 2017 2 min read

Sri Lankans allowed to invest US$200,000 outside country

Sri Lanka's new forex law has allowed an individual to invest 200,000 dollars outside the country, in their lifetime, a ...

November 29, 2017 1 min read

ADB, Deutsche Bank supply chain finance for Sri Lankan SMEs

ECONOMYNEXT – Sri Lankan small and medium-sized enterprises (SMEs) are among those in developing Asia who will ge...

November 24, 2017 2 min read

Sri Lanka's central bank cancels CIFL licence

ECONOMYNEXT – Sri Lanka’s central bank said it has decided to cancel the licence of Central Investment and...

November 23, 2017 1 min read

Google and Facebook would have failed in Sri Lanka: FM

ECONOMYNEXT - Finance Minister Mangala Samaraweera has severely criticised Sri Lanka's lending institutions saying that ...

November 17, 2017 2 min read

Sri Lanka’s First Capital Sept quarter net profit up 18.6-pct

ECONOMYNEXT – Sri Lanka’s First Capital Holdings PLC said group net profit rose 18.6% to Rs340 million in ...

November 16, 2017 2 min read

Sri Lanka’s HNB Sept net profit flat at Rs4bn

ECONOMYNEXT – Sri Lanka's Hatton National Bank (HNB) group reported net profit remained flat at Rs4 billion for t...

November 15, 2017 3 min read