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Friday November 13th, 2026
Banking

Sri Lanka DFCC gets US$150mn from US development lender

One of the biggest issues faced by women entrepreneurs is limited access to finance, the US embassy said.

November 13, 2021 1 min read

Sri Lanka HNB to lead syndicated loan for LNG combined cycle plan

First stage to be operational by 2023

November 9, 2021 1 min read

Sarvodaya sees Sri Lanka’s economic progress via 'horizontal sharing' model

Sarvodaya pioneered what we call a horizontal sharing of savings based lending - Ariyaratne

November 8, 2021 5 min read

Sri Lanka finance companies, bank fined by anti-money laundering office

Administrative Penalties by the Financial Intelligence Unit for the September quarter

November 5, 2021 4 min read
Fitch upgrades Sri Lanka's Habib Bank to 'AA-(lka)'; Outlook stable

The head office's credit profile remains constrained by the sovereign rating due to its high interconnectedness with the

Sri Lanka's DFCC Bank planned green bond given expected rating of A- (lka)

The notes, which would be the first listed green bond issuance in Sri Lanka, will mature in three years with fixed coupo

Ironwood Investment raises stake in Sri Lanka Abans Finance

ECONOMYNEXT – Ironwood Investment Holdings (Pvt) Ltd, a Colombo-based private investment company, has raised its ...

May 12, 2017 1 min read

Sri Lanka’s Sanasa Bank to set up dedicated SME centres, branches

ECONOMYNEXT – Sri Lanka’s Sanasa Development Bank (SDB) plans to set up dedicated centres and branches to ...

May 8, 2017 2 min read

Sri Lanka's Sampath Bank March net up 29-pct

Profits at Sri Lanka's Sampath Bank Plc, rose 29 percent to 2.38 billion rupees in the March 2017 quarter from a year ea...

May 8, 2017 1 min read

Sri Lanka's DFCC bank net up 43-pct in March

Profits at Sri Lanka's DFCC group rose 42 percent to 1.36 billion rupees in the March 2017 quarter from a year earlier, ...

May 4, 2017 1 min read

Sri Lanka's NDB net up 35-pct lower loan loss provisions

Profits at Sri Lanka's National Development Bank group grew 35 percent to 547 million rupees in the March 2017 quarter f...

May 4, 2017 1 min read

Sri Lanka finance company margins seen dipping

ECONOMYNEXT – Profit margins of Sri Lankan finance companies are likely to dip with rising interest rates and res...

April 3, 2017 2 min read

Sri Lankan banks urged to look at wider customer base

ECONOMYNEXT – Sri Lankan banks should look beyond their immediate customer base at the wider, emerging digital tr...

March 30, 2017 2 min read

Sri Lanka banks, tech firms urged to co-operate to push e-commerce

ECONOMYNEXT – Sri Lankan banks need to co-operate among themselves and with technology companies to encourage gre...

March 27, 2017 1 min read

Sri Lanka state credit surge to new high in January 2017, private down

Sri Lanka's credit to government from the banking system surged to 141 billion rupees, in what could be an all-time high...

March 27, 2017 2 min read

Sri Lanka banks may get bad loans in 2017: S&P

Bad loans at Sri Lankan banks may climb this year after two years of strong loan growth, as capital buffers are also get...

March 24, 2017 3 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 plans local payment card, mobile switch for e-wallets

Sri Lanka is setting up the infrastructure for a domestic payment card and a switch to transfer cash between mobile wall...

March 22, 2017 1 min read

Sri Lanka's NDB ends S&P ratings

Standard and Poor's said it was confirming the 'B' long-term rating of Sri Lanka's National Development Bank and withdra...

March 21, 2017 2 min read

Sri Lanka’s LOLC buys control of Cambodian microfinance firm

ECONOMYNEXT - Sri Lanka’s LOLC Group has acquired control of Cambodia’s Prasac Microfinance Institution Lt...

March 17, 2017 1 min read

Sri Lanka's HNB expects to grow loans 17-pct in 2017

Sri Lanka's Hatton National Bank, the country's second-largest private lender, expects to grow loans 17 percent in 2017 ...

March 14, 2017 2 min read

Sri Lanka's Sampath Bank eyes more offshore lending

ECONOMYNEXT - Sri Lanka's Sampath Bank is planning to do more offshore lending given the limited size of the domestic ma...

March 7, 2017 1 min read

Sri Lanka's Sampath Bank flags competition from telcos

ECONOMYNEXT - Sri Lanka's Sampath Bank Plc has drawn attention to the threat banking faces from competition from mobile ...

March 3, 2017 1 min read

Sri Lanka starts sustainable finance drive backed by the IFC

Sri Lanka can be a regional leader in sustainable finance given the commitment shown by the country towards environmenta...

February 28, 2017 2 min read

Sri Lanka’s DFCC Bank December net up 74-pct

ECONOMYNEXT – Sri Lanka’s DFCC Bank said December 2016 quarter group net profit rose 74 percent to Rs759 m...

February 23, 2017 2 min read

Sri Lanka's Commercial Bank net up 25-pct in Dec quarter

Profits at Sri Lanka's Commercial Bank of Ceylon rose 25 percent from a year earlier to Rs4.3 billion in the December 20...

February 23, 2017 1 min read

Sri Lanka’s NDB December profit down on higher impairment charges, taxes

ECONOMYNEXT – Sri Lanka’s National Development Bank (NDB) said December 2016 quarter group net profit fell...

February 22, 2017 3 min read