Notable
The firm had made provisions and reported lower than industry NPLs
3 min read
Capital requirements are calculated on ratings
3 min read
Chocolates, spaghetti, apple juice, wine, oats, soya milk, dairy goods, lipsticks, carpets, coats anoraks
3 min read
Capital and interest to be rolled over T-Bill + 1
3 min read
Banks with the approval of the Board of Directors were asked to set guidelines for loan impairment.
The controls had been in place from April 2020 and had had driven liquidity injections and reserve losses
Credit line from United States International Development Finance Corporation
1 min read
By July window borrowings were also up
3 min read
Limits on dollar borrowings
2 min read
Expects bad loans to rise to 10.5 percent by year end
3 min read
"The exposure of Fitch-rated banks to the sovereign was 39-pct of assets and 471 percent of equity as at end-2020"
2 min read
Private credit grows by over Rs55bn in April and May
1 min read
Refinancing risks are elevated
4 min read
Publish notices informing the general public how essential banking services can be obtained
2 min read
Banks have advised consumers to use 24-hour online services for their urgent banking needs
1 min read
Central Bank Governor W D Lakshman had appointed de Zilwa for a period of three years
1 min read
| Latest | Last | |
|---|---|---|
| US Dollar | 200.0930 | 201.2500 |
| UK Pound | 274.9278 | 275.3503 |
| Euro | 231.9678 | 233.5204 |
| Aus Dollar | 148.4390 | 149.2873 |
| Yen | 1.7539 | 1.7676 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 2.6665 | 2.6988 |
| Korea Won | 0.1689 | 0.1701 |
| Oman Rial | 519.7356 | 522.7409 |
| Saudi Riyal | 53.3468 | 53.6567 |
| UAE Dirham | 54.4745 | 54.7895 |
| pts | % | |
|---|---|---|
| S&P SL20 | 3,546.17 | -0.01% |
| CSE All Share | 9,648.18 | 0.25% |
| Turnover Rs million. | 2,191,558,044.10 | 705,911,605 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.19 | 6.64 |
| 6-m bill | 7.31 | 6.80 |
| 12-m bill | 7.46 | 6.96 |
| 5-yr bond | 10.52 | 9.48 |
| 8-yr bond | 11.37 | 9.97 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 5.11 | 5.11 |
| Gilt Repo | 5.14 | 5.14 |
| I-m SLIBOR | - | - |
Central bank credit to government fell 21.7 billion rupees in March to 1,070 billion rupees
1 min read
Outstanding loans could be extended for T-bill plus 1
4 min read
Discussion are progressing with lenders
3 min read
The card could be used at ATMs, POS machines bus and rail
2 min read
Sri Lanka residents who have worked abroad, and individuals or firms providing services to foreigners can now open accou...
4 min read
Sri Lanka will set up a state-run Youth Startup Fund and a Guarantee Fund to help young entrepreneurs get capital, Minis...
1 min read
Sri Lanka's central bank said it is raising the foreign borrowing limit of licensed finance companies (LFCs) to 20 to pe...
3 min read
Sri Lanka has extended a ban on commercial banks and the National Savings Bank buying sovereign bonds till April 23.
1 min read
Fitch Ratings has confirmed a 'AAA(lka)' rating of Sri Lanka's Standard Chartered Bank branch amid a rise in bad loans b...
4 min read
A majority of borrowers given in Sri Lanka given a debt under moratorium given as relief during the Coronavirus have beg...
2 min read
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2 min read