Notable
State banks converted to forex term loans and rupee treasury bonds
Head hunting firm to find independent directors for state-owned banks
Increased from Rs. 25,000 million to Rs. 25,730 million through extraordinary gazette
Private credit rise by Rs1,124bn in the year to April 2025
Net credit to government rose by Rs194.7bn in December.
Customers can use the Bank’s Green Loans and Green Leases to finance the purchase and installation of solar panels
.
Rating confirmations follow similar action on parents
CB credit down in a month that also saw an SRR cut
Underlying ratings confirmed
Bad loans defined as 'Stage 3' to total advances went up by 0.5-pct in 2023
Rupee fall changes outstanding debt value
The loan will have to be repaid in 180 days.
In the first set of controls, ceilings would be imposed on selected credit products
Bangladesh expects the next installment within two weeks, the newspaper said.
| 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 | - | - |
Rupee asset values down amid currency gain
Sri Lanka to face an evaluation by the Asia Pacific Regional Group on Money Laundering from March 2025
Private credit positive for the first time since May 2023
Risks to Sri Lankan banks' operating environment (OE) remains high
Credit contraction partly helped by rupee gain
Rating watch negative still remains
They had already provided up to 35 percent
On Friday 30 we will meet again together to resolve outstanding issues
Deposits not harmed
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
4 min read