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Friday November 13th, 2026
Banking

Sri Lanka’s Seylan Bank profits up 70 percent in June

Net interest and fee income up

August 12, 2021 1 min read

DFCC Bank Sri Lanka net down 19 percent in June quarter

Bank makes makes provisions to cover uncertainties

August 12, 2021 2 min read

Sri Lanka private borrowings surge to Rs83bn in June, CB credit Rs124bn

Sri Lanka private credit in the first six months of the year was 414 billion rupees

August 9, 2021 2 min read

NDB Bank Sri Lanka net up 55-pct in June 2021 quarter

Gains in both fee and net interest income

July 29, 2021 2 min read
Sri Lanka engaging with local banks on sovereign bonds restructure

About 15 percent of the sovereign bonds outstanding are held with private local banks

Sri Lanka implements Banking (Amendment) Act No. 24 of 2024

Amendments formulated considering developments incur rent regulatory framework, economic and market developments

Sri Lanka's Seylan Bank June net flat

Profits at Sri Lanka's Seylan Bank group barely grew 1.04 percent to Rs1,062 million in the June 2016, from a year earli...

August 1, 2016 1 min read

Commercial Credit joins LankaPay common ATM network

ECONOMYNEXT - Commercial Credit & Finance PLC recently joined the LankaPay Common ATM Network linking over 95% of automa...

July 26, 2016 1 min read

Sri Lanka'S NDB aborts move to scrap independent chairman

Sri Lanka's NDB Bank Plc has rolled back an attempt to scrap its mandatory requirement for an independent non-executive ...

July 25, 2016 2 min read

Sri Lanka govt to lend Rs1bn to private plantations for mandated wage hike

The Sri Lankan government is to lend up to a Rs1 billion to private regional plantations companies through two state ban...

July 22, 2016 2 min read

IFC to guarantee export credit by Sri Lanka's Sampath Bank

Washington-based International Finance Corporation will provide full and partial export credit risk guarantees for custo...

July 21, 2016 1 min read

Sri Lanka's bank credit slows in April

Sri Lanka's bank credit private business fell to 27.4 million rupees in April 2016 from 87.8 million rupees, the lowest ...

July 18, 2016 1 min read

Commercial Bank introduces Sri Lankan remittance card

ECONOMYNEXT - Sri Lanka’s Commercial Bank said it had introduced a remittance card licensed by Visa Inc. enabling...

June 27, 2016 1 min read

Sri Lanka plans to fix finance companies; IMF to help

ECONOMYNEXT - Sri Lanka wants to set up a special purpose vehicle to fix troubled finance companies, with IMF standing b...

June 24, 2016 2 min read

ADB support for Sri Lanka small business venture capital fund

ECONOMYNEXT – The Asian Development Bank (ADB) is to help Sri Lanka set up a venture capital fund for small and m...

June 9, 2016 2 min read

Sri Lanka Central Bank spent Rs133mn under former governor on travel

ECONOMYNEXT – Sri Lanka’s Central Bank said the cost of overseas travel and related work by present govern...

June 6, 2016 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

NY Fed first rejected cyber-heist transfers, then moved $81 million

DHAKA/NEW YORK (Reuters) - Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $...

June 5, 2016 5 min read

Sri Lanka's People's Leasing to enter Bangladesh

ECONOMYNEXT - People's Leasing and Finance Plc, Sri Lanka's largest non-bank lender, is entering Bangladesh, with domest...

May 31, 2016 1 min read

Bangladesh panel finds possible insider role in c.bank cyber theft

DHAKA, May 30 (Reuters) - Officials of Bangladesh Bank may have been involved in a brazen theft of $81 million from its ...

May 30, 2016 2 min read

DFCC Bank joins Sri Lanka's common ATM network

ECONOMYNEXT - DFCC Bank said it had joined LankaPay, Sri Lanka's common automated teller machine network allowing custom...

May 26, 2016 1 min read

Sri Lanka forum on IFC, Canada finance for clean energy

ECONOMYNEXT - Opportunities for financing clean energy projects from the International Finance Corporation and Canada wi...

May 25, 2016 1 min read

FinanceAsia names Commercial Bank ‘Best Bank’ in Sri Lanka

ECONOMYNEXT - FinanceAsia magazine has declared Commercial Bank of Ceylon as the ‘Best Bank’ in Sri Lanka i...

May 23, 2016 1 min read

Sri Lanka bank credit fueled by printed money in February

ECONOMYNEXT - Sri Lanka's banking system disbursed Rs105 billion of credit to the state and private business, including ...

May 23, 2016 2 min read

HSBC says to close 24 retail banking branches in India

MUMBAI, May 19 (Reuters) - HSBC Holdings Plc said it plans to close 24 branches in India after a strategic review of its...

May 20, 2016 1 min read

Sri Lanka Com Bank says warded off hacker attack

ECONOMYNEXT – Sri Lanka’s Commercial Bank said it had been subject to a hacking attack against which it de...

May 16, 2016 2 min read

Sri Lanka's Bank of Ceylon profits double, bonds losses not seen

ECONOMYNEXT - Profits at Sri Lanka's state-run Bank of Ceylon rose 101.6 percent to 4.43 billion rupees in the March 201...

May 13, 2016 2 min read