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Friday November 13th, 2026
Banking

Sri Lanka's private banks close amid COVID-19 lockdown; online services to continue

Banks have advised consumers to use 24-hour online services for their urgent banking needs

June 7, 2021 1 min read

Kenneth de Zilwa appointed Chairman of Lanka Clear

Central Bank Governor W D Lakshman had appointed de Zilwa for a period of three years

June 3, 2021 1 min read

Sri Lanka money printing, state credit reduces in April

Central bank credit to government fell 21.7 billion rupees in March to 1,070 billion rupees

May 31, 2021 1 min read

Sri Lanka central bank announces credit relief for third Coronavirus wave

Outstanding loans could be extended for T-bill plus 1

May 28, 2021 4 min read
Sri Lanka's Commercial Bank 'A(lka)' rating confirmed: ISB assets 7-pct

The bank's impaired loan ratio broadly remained unchanged in the first quarter of 2024 11.4-pct at end-2023.

Sri Lanka leads region in recruiting more women in banking but barriers remain: IFC

Women comprisie 46 percent of new recruits, according to the IFC study.

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
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 LOLC group borrows US247mn from FMO, ADB led loans

ECONOMYNEXT - Sri Lanka's LOLC group has borrowed 247 million US dollars from three syndicated loans led by the FMO, a D...

February 24, 2016 2 min read

Sri Lanka HNB group December net flat

ECONOMYNEXT - Profits at Sri Lanka's HNB group, which is in commercial banking and insurance edged 2 percent lower to 3....

February 24, 2016 2 min read

Sri Lanka’s Pan Asia Bank December net up 110-pct

ECONOMYNEXT – Sri Lanka’s Pan Asia Bank December 2015 quarter net profit shot up 110 percent to 290 millio...

February 23, 2016 2 min read

Sri Lanka’s Sampath Bank December net profit up 15-pct

ECONOMYNEXT – Sri Lanka’s Sampath Bank said December 2015 quarter net profit rose 15 percent to 1.5 billio...

February 22, 2016 1 min read

Sri Lanka banks raise deposit rates 200bp

ECONOMYNEXT - Sri Lanka's commercial banks have raised deposit rates around 200 basis points over the past six months, a...

February 16, 2016 4 min read

Concerns raised over Sri Lanka foreign depositor scheme

ECONOMYNEXT - Raising concerns over a scheme to draw foreign deposits to Sri Lanka's banking system a civil society acti...

February 15, 2016 6 min read

Sri Lanka's NDB Bank Dec net up 46-pct with strong loan growth

ECONOMYNEXT - Profits at Sri Lanka's NDB Bank rose 46 percent to 1,254 million rupees in the December 2015 quarter from ...

February 15, 2016 2 min read

Sri Lanka bank credit falls in November with sovereign bond

ECONOMYNEXT - Credit from Sri Lanka's banking system to the government fell in November 2016 with the proceeds of an int...

February 1, 2016 2 min read

Sri Lanka drawing up laws for off-shore banking centre with Dubai backing

ECONOMYNEXT - Sri Lanka is drawing up a legal framework to give comfort to users of a planned Colombo International Fina...

January 30, 2016 2 min read

Sri Lanka central bank gets new deputy governor

ECONOMYNEXT - Assistant Governor of Sri Lanka’s central bank S. Lankathilake has been promoted to the post of Dep...

January 27, 2016 1 min read