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Friday November 13th, 2026
Banking

Sri Lanka's JKH, Central Finance asks for more time to cut NTB stake

Deadline to cut stake to 20-pct Dec 31

January 3, 2022 1 min read

Sri Lanka central bank controls dollar deposit rates amid currency crisis

To be 150bp below 364-day T-bill yield

January 2, 2022 3 min read

Sri Lanka's Alliance Finance gets second tranche of Dutch dollar credit

The funds will be on-lent to micro, small and medium enterprises

December 26, 2021 1 min read

Mark Surgenor heads HSBC Sri Lanka and Maldives

He had joined HSBC in 2009 and has worked in Europe, Latin America and Asia

December 1, 2021 1 min read
Dilshan Rodrigo appointed CEO of Sri Lanka’s Union Bank

He replaces Indrajit Asela Wickramasinghe

Sri Lanka's ComBank raises Rs22.54bn in largest rights issue

The funds are to be used to finance expansion

Sri Lanka's HNB's profits flat in June quarter

Profits at Sri Lanka's Hatton National Bank group, which has an insurance unit edged up 2 percent to 3.4 billion rupees ...

August 14, 2017 1 min read

Sri Lanka's Commercial Bank net up 17-pct in June

Sri Lanka's Commercial Bank of Ceylon said net profits rose 17.8 percent from a year earlier to 3.8 billion rupees in th...

August 14, 2017 2 min read

Flood hit borrowers in Sri Lanka to get 3-month interest waiver

Sri Lanka's flood-hit borrowers can get concessions including interest waivers for three months from lenders, but many w...

August 14, 2017 1 min read

Sri Lanka's Sampath Bank June net up 39-pct

ECONOMYNEXT - Profits at Sri Lanka's Sampath Bank rose 39 percent to almost 3.5 billion rupees in the June 2017 quarter ...

August 4, 2017 2 min read

Sri Lanka's Cargills in deal with Bank of China

ECONOMYNEXT - Sri Lanka's Cargills (Ceylon) PLC said the Cargills group has entered into an agreement with Bank of China...

August 2, 2017 1 min read

Sri Lanka's Seylan Bank group net up 24-pct

Sri Lanka's Seylan Bank Plc group's net profits in the June 2017 quarter rose 24 percent to 1.32 billion rupees from a y...

August 2, 2017 1 min read

Sri Lanka's DFCC Bank group profits up on gains

Sri Lanka's DFCC Bank group said net profits rose 107 percent to 1.54 billion rupees in the June 2017 quarter from a yea...

August 1, 2017 2 min read

Probe finds ‘internal lapses’ in Sri Lanka HNB customer data leak

ECONOMYNEXT – An investigation by Sri Lanka’s central bank into the leak of customer data at Hatton Nation...

July 25, 2017 1 min read

Sri Lanka finance company capitalisation under pressure, ratings affirmed: Fitch

ECONOMYNEXT – Fitch Ratings said it has confirmed the ratings of seven Sri Lankan finance companies, many of whic...

July 24, 2017 12 min read

Sri Lanka fixing gaps in money laundering framework: Fin Min

Sri Lanka is fully committed to eradicating financial crimes, and is in the process of fixing gaps identified in its ant...

July 17, 2017 1 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

Sri Lanka HNB Rights to boost capital, loan growth: Moody’s

ECONOMYNEXT – The 15 billion rupee rights issue by Sri Lanka’s Hatton National Bank (HNB), rated B1 negati...

July 11, 2017 2 min read

Sri Lanka fund managers, lawyers, accountants to report suspicious transactions

ECONOMYNEXT – Fund managers, lawyers, accountants, trustees and casinos are among a host of non-finance businesse...

June 29, 2017 1 min read

Golden cash machine marks ATM's 50th birthday

AFP - The automated teller machine (ATM) marked its 50th anniversary on Tuesday, with a British bank decorating the site...

June 28, 2017 2 min read

Jeddah-based IDB to up stake in Sri Lanka’s Amãna Bank

ECONOMYNEXT – Islamic Development Bank (IDB) group, based in Jeddah, will raise its stake in Sri Lanka’s A...

June 19, 2017 2 min read

Sri Lanka bank asset quality under pressure: Fitch

Bad loans at Sri Lankan banks are picking up in 2017 after two years of strong loan growth, with consumer spending hit b...

June 9, 2017 1 min read

Sri Lanka govt to inject Rs5bn in fresh capital to People’s Bank

ECONOMYNEXT –Sri Lanka’s People’s Bank, the second-largest bank in the island with one-third of loa...

June 7, 2017 2 min read

Basel III raises capital pressure for Sri Lankan banks: Fitch

June 7, 2017 3 min read

Sri Lanka’s People`s Merchant Finance sells property for Rs1bn

ECONOMYNEXT - People`s Merchant Finance (PMF) said it had sold a 108-perch property to its parent firm, Sri Lanka�...

May 24, 2017 1 min read

Islamic Development Bank to buy more stock in Sri Lanka's Amana

Islamic Development Bank will invest more cash in Sri Lanka's Amana Bank Plc through an investment vehicle.

May 21, 2017 1 min read

Sri Lanka's Commercial Bank March net profit up 17-pct

ECONOMYNEXT– Sri Lanka's Commercial Bank said March 2017 quarter group net profit rose 17.1 percent to Rs3.8 bill...

May 15, 2017 2 min read