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Friday November 13th, 2026
Banking

Fitch downgrades Sri Lanka's NDB rating to 'A-(lka)'; Outlook Negative

Also downgraded rating assigned to NDB's Basel III-compliant subordinated debentures to 'BBB(lka)' from 'BBB+(lka)'

April 10, 2026 4 min read

IMF watching NDB fraud situation carefully, Mission Chief says

"We are watching the situation carefully, and we are talking to the central bank"

April 9, 2026 2 min read

Sri Lanka legislator questions central bank supervision over NDB fraud

Says in NDB fraud billions had gone out of the country; the same central bank that handles the EPF is investing in NDB

April 8, 2026 5 min read

EXPLAINER – Sri Lanka NDB’s Rs.13.2 billion internal fraud

The amount of loss through the fraud increased to Rs.13.2bn from Rs.390 within four days

April 6, 2026 4 min read
Sri Lanka's Sampath Bank offers Google Pay for visa and mastercard holders

Googly Pay is now available on Android devices for Sampath Mastercard and Visa Credit and Debit Cardholders.

Sri Lanka regulator cancels Nation Lanka Finance license, winding up begins

Follows extensive, unsuccessful resolution efforts initiated last July

Sri Lanka private credit surges Rs133bn in May 2025

Credit to government from banks fell 53 billion rupees in May

July 5, 2025 2 min read

Sri Lanka's troubled Nation Lanka Finance placed under administration

The Administrator will assume full control over all the assets, rights, business and affairs

July 4, 2025 4 min read

Sri Lanka banks say parate action only on 1-pct of NPLs, not a first resort

Parate laws to protect deposits banks say

July 2, 2025 2 min read

MTI Consulting to develop strategic plan for Bank of Bhutan

To develop a 5-year corporate plan for the Bank of Bhutan

June 25, 2025 1 min read

Sri Lanka tax payers take over Rs788bn in CPC state bank dollar loans

State banks converted to forex term loans and rupee treasury bonds

June 25, 2025 3 min read

Sri Lanka hunts independent directors for state banks

Head hunting firm to find independent directors for state-owned banks

June 20, 2025 1 min read

Sri Lanka's Bank of Ceylon increases paid-up capital by Rs730mn

Increased from Rs. 25,000 million to Rs. 25,730 million through extraordinary gazette

June 18, 2025 1 min read

Sri Lanka private credit expands Rs1.1trn in year to April 2025

Private credit rise by Rs1,124bn in the year to April 2025

June 15, 2025 3 min read

Sri Lanka defaulted SMEs given more relief, collateral sale option

Following discussions with the government a new circular had been issued by the central bank

June 12, 2025 2 min read

Sri Lanka banks financing Indian firms with excess dollar balances

And in the last three months or six months, we have done a substantial number of transactions in India

June 8, 2025 2 min read
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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
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Source: Central Bank/Indicative
pts %
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Turnover Rs 2975.05 million 1193.67 million
Source: CSE
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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
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I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka NCGIL issues credit guarantees to cover Rs600mn loans to SMEs

NGCIL guarantees can be used to give loans without collateral

June 4, 2025 2 min read

Sri Lanka banks can provide cashflow based lending with credit guarantee institution: Minister

There are more than one avenue and this is one of them to access to credit without collateral

June 3, 2025 3 min read

Sri Lanka state banks BoC, NSB record large profits: PMD

Chairmen of the two state banks presented their annual reports to President Anura Disanayake

May 22, 2025 1 min read

Sri Lanka bank cyberattack, internet scam regulatory reporting updated

Incidents have to be reported under three categories

May 21, 2025 1 min read

Sri Lanka loan demand to grow faster in 2025 2Q: CB Survey

SME loan demand rose in the 4Q 2025 and corporate loan demand is expected to rise further in 2025 2Q

May 21, 2025 2 min read

Sri Lanka financial VAT surges as taxes overshadow retained profits in banks

Some bank paid more taxes than the residual left for shareholders and for capital

May 17, 2025 2 min read

Sri Lanka Supreme Court accepts online payments through GovPay

Enhances ease of access to the judicial system - Chief Justice

May 16, 2025 2 min read

Sri Lanka’s NTB profits up 8-pct in March quarter

NTB group reported earnings of 12.35 rupees per share for the quarter.

May 15, 2025 1 min read

Sri Lanka NDB Bank net up 144-pct on lower bad loans

The Bank sees renewed credit growth this year

May 15, 2025 2 min read

Sri Lanka Commercial Bank net up 38-pct in March quarter

Loans and advances grew 7.7 percent to 1,530 billion rupees

May 14, 2025 1 min read
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