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Friday November 13th, 2026
Banking

Sri Lanka top banks has high exposure to sovereign debt, past haircuts have averaged 37-pct: Fitch

"The exposure of Fitch-rated banks to the sovereign was 39-pct of assets and 471 percent of equity as at end-2020"

July 2, 2021 2 min read

Sri Lanka private credit grows in May, state credit picks up

Private credit grows by over Rs55bn in April and May

June 28, 2021 1 min read

Sri Lanka banks that borrow to buy sovereign bonds face increased risk: Fitch

Refinancing risks are elevated

June 23, 2021 4 min read

Sri Lanka banks to provide essential services during Covid-19 lockdown: Central Bank

Publish notices informing the general public how essential banking services can be obtained

June 8, 2021 2 min read
Sri Lanka female owned businesses face US$17bn financing gap: ADB country chief

A process called WE-Fi Code to collect data and develop policies to help women's access to finance

IMF says suspension of Sri Lanka parate execution should be ended ASAP

Bad loans spiked after a currency crises, triggering auctioning of collateral

Bangladesh says has identified 20 foreign suspects in cyber theft

DHAKA, April 18 (Reuters) - Bangladeshi investigators have identified 20 foreigners - 12 Philippine nationals and eight ...

April 19, 2016 2 min read

Bangladesh team in Sri Lanka to probe central bank heist

ECONOMYNEXT - A team from Bangladesh has come to Sri to gather information on 20 million dollars of stolen money transfe...

April 13, 2016 1 min read

Sri Lanka bank borrowings dominated by CB credit in January

ECONOMYNEXT - Sri Lanka's state borrowings from the central bank rose to a record 106.6 billion rupees in January 2016, ...

April 6, 2016 2 min read

Sri Lanka's Sampath Bank expects to top 20-pct loan growth in 2016

ECONOMYNEXT - Sri Lanka's Sampath Bank Plc expects to top 20 percent loan growth with debt sales and foreign loans suppl...

April 4, 2016 3 min read

Sri Lanka finance companies at risk from soaring micro-credt: Fitch

ECONOMYNEXT - Sri Lanka's non-bank lenders or finance companies are at risk from micro-finance which has soared from 4 p...

April 1, 2016 2 min read

Sri Lankan in Bangladesh cyber heist says she was set up by friend

(Reuters) - When Hagoda Gamage Shalika Perera, a small Sri Lankan businesswoman, got a deposit of $20 million in her acc...

Shihar Aneez
April 1, 2016 5 min read

ADB pioneers auctions of SME re-finance funds with Sri Lanka

ECONOMYNEXT - The Asian Development Bank is staring its first auction of a 12.5 million dollar tranche of re-finance fun...

March 28, 2016 2 min read

Sri Lanka retailer expand solar powered outlets with IFC finance

ECONOMYNEXT - Sri Lanka's Richard Pieris Distributors will get 15 million US dollars to expand its retail chain, with so...

March 22, 2016 2 min read

Sri Lanka Cargills Bank losses widen, adds branches

ECONOMYNEXT – Sri Lanka’s Cargills Bank group made a loss of 78 million rupees in the December 2015 quarte...

March 14, 2016 2 min read

Sri Lanka to tighten oversight on small-lenders but not eliminate them: CB Governor

ECONOMYNEXT - Sri Lanka is looking to tighten oversight and governance of small lenders and not eliminate them through c...

March 14, 2016 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 banker stops billion dollar bank heist

(Reuters) - A spelling mistake in an online bank transfer instruction helped prevent a nearly $1 billion heist last mont...

March 13, 2016 5 min read

Malware suspected in Bangladesh bank heist -officials

DHAKA, March 11 (Reuters) - Investigators suspect unknown hackers installed malware in the Bangladesh central bank's com...

March 12, 2016 4 min read

Sri Lanka's Hatton National Bank expects 15-pct credit growth in 2016

ECONOMYNEXT - Sri Lanka's Hatton National Bank is expecting to grow its loan book 15 percent in 2016, driven by small an...

March 3, 2016 2 min read

Fitch downgrades Sri Lanka banks, non-bank lender

ECONOMYNEXT - Sri Lanka state-run Bank of Ceylon, National Savings Bank has been downgraded to 'B+' from 'BB-' following...

March 2, 2016 6 min read

Sri Lanka’s NTB December net up 21-pct, bond losses curb annual profit

ECONOMYNEXT – Sri Lanka’s Nations Trust Bank said December 2015 quarter net profit rose 21 percent to 675 ...

February 29, 2016 2 min read

Sri Lanka's Seylan Bank December net 23-pct

ECONOMYNEXT - Profits at Sri Lanka's Seylan Bank rose 23 percent in the December 2015 quarter form a year earlier, helpe...

February 29, 2016 1 min read

Sri Lanka awaiting Paypal's response to start inward remittances: CB Governor

ECONOMYNEXT - Sri Lanka is awaiting Paypal's response after exempting the payment system from the country's exchange con...

February 26, 2016 2 min read

Sri Lanka's Union Bank December net Rs78mn, cuts bad loans

ECONOMYNEXT - Sri Lanka's Union Bank of Colombo said it made net profits of 78 million rupees in the December 2015 quart...

February 25, 2016 2 min read

Sri Lanka's Commercial Bank profits flat in Dec

ECONOMYNEXT - Profits at Sri Lanka's Commercial Bank of Ceylon was flat at 3.4 billion rupees in the December 2015 quart...

February 25, 2016 1 min read

Colombo financial centre in Sri Lanka to be governed by British law: Finance Minister

ECONOMYNEXT - A planned 'Colombo International Financial Centre' will be governed by British law and Sri Lanka's exchang...

February 25, 2016 2 min read