Notable
Sarvodaya Development Finance hosts the event in Sri Lanka
Expects to strengthen cross boarder links
Domestic banks still had US$2.9bn in dollar balances with foreign banks
Credit to government falls
Karunanayake charged that CBSL and relevant authorities engaged in a “serious and continuing obstruction” to his dut...
Higher energy prices, supply-chain disruption, weaker remittance flows would weigh on emerging-market banking systems
120 million debentures at 100 rupees each to raise Rs12 billion
Provision reversals exceeds losses
Credit to state enterprises declined by 60 billion rupees in first six months
Fitch affirmed NDB's rupee denominated proposed and outstanding subordinated debt at 'BBB(EXP)(lka)' and 'BBB(lka)'
Fitch has also affirmed DFCC's senior and subordinated debt ratings of 'A-(lka)' and 'BBB(lka)', respectively.
The Outlook is Stable. Fitch also affirmed Seylan's Sri Lankan rupee-denominated outstanding subordinated debt at 'BBB
The Outlook is Stable. Fitch also affirmed Sampath's outstanding Sri Lankan rupee-denominated subordinated debt at 'BBB+
Fitch has also affirmed NTB's Sri Lankan rupee-denominated outstanding subordinated debt at 'BBB(lka)'.
Relief to those who pawned gold jewellery in banks.
"Our Second-Party Opinion is that the alignment is ‘Good’."
| 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 | - | - |
Issuance of a Sustainable Bond will mark the next milestone in the Bank’s journey
“…They are to utilize this land as collateral not just for housing but for their children’s education
Four banks and Thomas Cook given 3 year contract
Unique identification numbers for depositors of licensed banks and licensed finance companies
About 15 percent of the sovereign bonds outstanding are held with private local banks
Amendments formulated considering developments incur rent regulatory framework, economic and market developments
Deposits are safe banks say
Penalties imposed for not revealing information about customer, not doing due diligence
The Bank will initially issue 100 million debentures at 100 rupees each, to raise 10 billion.
"This new bank aims to maintain low interest rates."
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