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Friday November 13th, 2026
Banking

Sri Lanka central bank looking at third wave credit relief: Deputy Governor

Discussion are progressing with lenders

May 21, 2021 3 min read

Sri Lanka all-in-one Transit Card on track: LankaClear

The card could be used at ATMs, POS machines bus and rail

April 27, 2021 2 min read

Sri Lanka residents who earn abroad allowed to maintain foreign bank accounts

Sri Lanka residents who have worked abroad, and individuals or firms providing services to foreigners can now open accou...

April 25, 2021 4 min read

Sri Lanka to set up state-run Youth Start up fund, loan guarantee fund: Namal

Sri Lanka will set up a state-run Youth Startup Fund and a Guarantee Fund to help young entrepreneurs get capital, Minis...

April 21, 2021 1 min read
Sri Lanka's Combank stock slides after capital call

The bank made a capital call from shareholders of 22 billion rupees

Sri Lanka tightens governance of state banks, limits lending to SOEs

Special unit to be set up at the Finance Ministry to monitor state banks

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
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 secures support for Swiss bank account probe

ECONOMYNEXT – Switzerland has agreed to support Sri Lanka’s probe into alleged Swiss bank accounts maintai...

December 29, 2015 1 min read

Sri Lanka to revisit budget moves that harm banks amid strike threat

ECONOMYNEXT - Sri Lanka's Prime Minister Ranil Wickramasinghe said the administration is willing to consider alternative...

December 14, 2015 2 min read

Sri Lanka bank credit soars to new historic high amid heavy money printing

ECONOMYNEXT - Sri Lanka's bank credit to private sector, state enterprises and central government had soared to a new hi...

December 9, 2015 2 min read

Sri Lanka's People's Insurance Plc in Rs750mn IPO

ECONOMYNEXT - Sri Lanka's People's Insurance Plc, a unit of listed People's Leasing is selling 50 million shares at 15 r...

December 3, 2015 1 min read

Sri Lanka LB Finance gets 'A-(lka)' Fitch rating

ECONOMYNEXT - Fitch Ratings said it has assigned LB Finance PLC a National Long-Term Rating at 'A-(lka)' with a Stable O...

December 2, 2015 3 min read

Sri Lanka banks hit by tax hikes, leasing ban, possible deposit drain

ECONOMYNEXT - Sri Lanka's commercial banks could be hit by a triple whammy of higher corporate and deemed value added ta...

November 30, 2015 3 min read

Sri Lanka banks to benefit from curbs on pawning and consumer finance: Moody's

ECONOMYNEXT - Sri Lanka's budget proposal to limit gold-backed credit (pawning) to five percent of will reduce the risk ...

November 30, 2015 2 min read

Concerns rise over Sri Lanka's risky interventionist moves to coerce banks

ECONOMYNEXT - Concerns are rising that Sri Lanka's interventionist proposal to ban leasing from banks, made without evid...

November 28, 2015 5 min read

Sri Lanka to expropriate money in dormant bank accounts

ECONOMYNEXT - Sri Lanka's budget for 2016 had proposed the expropriation of money lying in dormant bank accounts from Ja...

November 25, 2015 1 min read

Fitch confirms Standard Chartered Sri Lanka Branch at 'AAA(lka)'

ECONOMYNEXT - Fitch Ratings Lanka has confirmed Standard Chartered Bank, Sri Lanka Branch's (SCBSL) National Long-Term R...

November 13, 2015 2 min read
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