An Echelon Media Company
Friday November 13th, 2026
Banking

Sri Lanka's PABC Bank net up 89-pct in Sept 2021

Interest income up

November 2, 2021 2 min read

Sri Lanka's UBC net down 24-pct in Sept 2021

Net interest income fall amid debt moratorium

November 1, 2021 2 min read

Sri Lanka's UBC net down 24-pct in Sept 2021

Profits at Sri Lanka’s Union Bank of Colombo (UBC) group fell 24 percent to 182 million rupees from a year earlier

October 31, 2021 2 min read

Sri Lankas's DFCC profits up three-fold in Sept21 quarter

Net interest income sharply up

October 31, 2021 2 min read
Sri Lanka's HNB to raise upto Rs12bn in debenture issue

120 million debentures at 100 rupees each to raise Rs12 billion

Sri Lanka's DFCC cuts ISB holdings, reverses provisions

Provision reversals exceeds losses

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
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 to raise at least US$450mn from 3-year loan

Sri Lanka will raise at least 450 million dollars from a syndicated loan for which the government has selected 6 banks, ...

February 22, 2017 1 min read

Fitch raises outlook on Sri Lanka's BOC, NSB and People's Leasing

Fitch Ratings had raised the outlook on state-run Bank of Ceylon, National Savings Bank and Peoples Leasing Plc, a unit ...

February 15, 2017 3 min read

Sri Lanka's Multi Finance capitalized by Fairway Holdings

Fairway Holdings (Pvt) Ltd, a property developer will inject 550 million rupees to capitalize Multi Finance Plc, a firm ...

February 9, 2017 1 min read

Central bank to discuss strong credit at Sri Lanka state lenders: Governor

Sri Lanka's central bank will discuss strong credit growth at state banks, which may undermine monetary policy transmis...

February 8, 2017 1 min read

Sri Lanka slides deeper into directed lending, extending Mahinda Rajapaksa legacy

Sri Lanka's economic policy slid deeper into state interventionism and away from the 'social market economy' that was pr...

February 6, 2017 2 min read

Sri Lanka state banks to part finance central expressway

ECONOMYNEXT - Sri Lanka's state-run Bank of Ceylon and National Savings Bank will loan Rs23.2 billion to finance a secti...

February 1, 2017 1 min read

Sri Lanka’s Amãna Bank seeks investment from ICD

ECONOMYNEXT – Sri Lanka’s Amãna Bank said it is in talks with Islamic Corporation for the Development o...

January 30, 2017 1 min read

Sri Lanka bans Swarnamahal Financial Services related party transactions

ECONOMYNEXT – Sri Lanka’s markets regulator has prohibited Swarnamahal Financial Services (SFS) from relat...

January 18, 2017 1 min read

Sri Lanka slams credit squeeze on three wheelers, cars

Sri Lanka has slammed a credit squeeze on three wheelers, which has stepped into a breach left by a low-quality, highly ...

January 18, 2017 2 min read

Sri Lanka to give resident visas for large foreign depositors in banks

Sri Lanka will give a 5-year resident visa for foreign individuals who deposit $300,000 in banks and rights to lease lan...

January 12, 2017 1 min read