Notable
Credit growth 26-pct over nine months
Credit grows 25-pct over 9 months
Expected to wrap up in early 2026
CB has indicated the current business models of these banks unsustainable
The websites would also have domain names that closely resemble the actual one
The review will investigate the fraudulent transactions and “lapses in controls, oversight and governance.”
The debentures were issued at 100 rupees each to raise 5 billion, with an option to issue a further tranches
Fitch Ratings has assigned MCB Bank Limited - Sri Lanka Branch (MCBSL) a first-time National Long-Term Rating of 'AA-(lk
Six local banks already approved, seven others have applied
The revision in UBF 's Outlook stems from similar action on its parent, Union Bank of Colombo PLC
The green bond issuance, a first, will benefit the solar sector in the country, the bank said.
Government credit also positive
all procedures related to the liquidation of its subsidiary Commex Sri Lanka S R L in Italy have been completed
Commercial Bank will issue 50 million redeemable green bonds at 100 rupees each for a tenure of five years.
Debentures with a non-viability conversion will be offered at 100 rupees each.
We believe the acquisition, if it proceeds, would have only a modest impact on HNB’s capital
| 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 | - | - |
Bank Alfalah has a presence in UAE, Bahrain, Pakistan, Afghanistan and Bangladesh
The outlook for the fourth quarter was also positive
The banks will provide services to offshore customers and serve business within the Port City
Received applications for over LKR 12,000,000,000
He replaces Indrajit Asela Wickramasinghe
The funds are to be used to finance expansion
The bank reported earnings of 5.92 rupees per share for June quarter
Profits helped by lower provisions even as net interest income falls
The head office's credit profile remains constrained by the sovereign rating due to its high interconnectedness with the
The notes, which would be the first listed green bond issuance in Sri Lanka, will mature in three years with fixed coupo
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