We are an outlier in the region also. So we have to fix at some point. The question is should we fix it now?

Hotels, transport and arts and entertainment sectors had bad loans of 30 to 20 percent

Pending possible recapitalization for losses from state enterprise funding, while confirming a long-term rating at 'CC'

NPLs of pawning loans are lower than others, but the number has risen

Strengthening the Deposit Insurance Scheme will help protect the savings of smaller depositors

Although there are about 11,000 microfinance institutions operating in the country, only 5 of them have been registered

With the latest expansion, SBI will have seven branches in Sri Lanka

Bank increases provisions for ISBs

we want to also look at the possibility of Union Bank's expansion to markets such as Africa, Nepal and Bhutan

Sri Lanka is to refund advance income tax (AIT) deducted on interest income of senior citizens, IRD announced.