Notable
Prime lending rates back to pre-rate cut levels
Imposed on LOLC Finance, Fintrex Finance, Rank Entertainment (Casino Marina), PABC, Bullion Exchange, NDB, Mobitel
In 2025 the rupee has depreciated amid current account surpluses and deficits
.
Commercial Bank among the first banks to partner with Port City Colombo to open a branch
NDB reported Rs.13.2bln misappropriation from its own account early in April
.
The risk of failure stemming from capital deficiencies has declined significantly
Loans to state enterprises expanded marginally
Bank operating environment improving
While credit to customers increased, investments in debt securities were down from a year ago
Sri Lanka banking sector faced a crisis after 2022 sovereign debt default
Total investments had grown at double the pace of credit at 22.6 percent
Law on parate execution or deciding on auctioning collateral of defaulted loans by banks has been suspended till Dec 15
Central bank credit to government fell 9.2 billion to 1,745 billion rupees
He most recently served as Director and Country Business Head of Citibank
| 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 |
| 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 |
| 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 |
| 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 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Although the net percentage balance increased, it remained in the negative territory
Involvement in this syndicated loan aligns with Sampath's strategic objectives to enhance investment portfolio
Construction investment credit is usually one of the big beneficiaries when central banks print money
NPLs in foreign banks and domestic systemically important banks falling
At least half the directors shall be non-executive
"A key outcome aimed for through the MoU is to enable greater access for financing for Sri Lanka’s private sector
Kapila Prasanna Ariyaratne was previously at Seylan Bank
Central Bank contracted 51 billion rupees
Functioning of Banks on 23rd September 2024
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