Notable
The higher prices have supported loan recoveries from repossession in the near term but may expose firms to price falls
Finance companys face asset quality risks as bad loans rise
The firm had made provisions and reported lower than industry NPLs
Capital requirements are calculated on ratings
Relief to those who pawned gold jewellery in banks.
"Our Second-Party Opinion is that the alignment is ‘Good’."
ECONOMYNEXT - Fitch Ratings Lanka has downgraded Pan Asia Banking Corporation's (PABC) National Long-Term Rating to 'BBB...
ECONOMYNEXT – The Financial Intelligence Unit (FIU) of Sri Lanka has entered into a Memorandum of Understanding w...
BANGKOK, Oct 3 (Reuters) - Thai motorcycle lessor Group Lease PCL has acquired a 30 percent stake in Sri Lanka's Commerc...
Sri Lanka's commercial banks loaned Rs62.80 billion to private businesses in July 2016, down from Rs75.9 billion a month...
ECONOMYNEXT – Sri Lanka’s Commercial Bank of Ceylon said its Maldivian unit, the Commercial Bank of Maldiv...
ECONOMYNEXT - Commercial Bank of Ceylon said it has launched a new generation of machines that offers several new advanc...
Sri Lanka's Sampath Bank Plc said Nanda Fernando, a 29-year veteran at the bank will be made Managing Director with the ...
Sri Lanka's central bank said an asset management company to take over bad debts and inject capital into troubled financ...
Sri Lanka needs to encourage a shift to digital payments, and reduce cash and cheque transactions without further delay,...
Sri Lanka's bank credit surged to Rs110 billion in June 2016 from Rs44.6 billion a month earlier, including Rs48 billion...
| 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 |
| 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 |
| 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 |
| 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 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Visa, a global payments company, said it had opened an office in Sri Lanka amid the expansion of business in the country...
Sri Lanka's state banks will have to find capital without public help, become more efficient and enhance governance, Dep...
ECONOMYNEXT – The Asian Development Bank (ADB) is to invest $50 million in Sri Lanka’s Hatton National Ban...
ECONOMYNEXT - Sri Lanka's Cargills Bank, part of CT Holdings Group, said it reduced its loss in the June 2016 quarter by...
Sri Lanka's LOLC Group, which has interests in financial services and leisure, said profits rose 26.3 percent from a yea...
Chairman of Sri Lanka's NDB Bank, N G Wickremeratne will retire on August 31 and Chief Executive Rajendra Theagarajah ha...
Profits at state-run Bank of Ceylon, the country's largest lender by assets, grew 35.5 percent from a year earlier to Rs...
Sri Lanka's The Finance Company Ltd, a troubled non-bank lender of the former Ceylinco Group, lost Rs333 million in the ...
ECONOMYNEXT – Sri Lanka’s Commercial Bank said June 2016 quarter net profit rose 23% to Rs3.26 billion fro...
Profits at Sri Lanka's Nations Trust Bank fell 10 percent from a year earlier to Rs685 million in the June 2016 quarter ...
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