Notable
Following discussions with the government a new circular had been issued by the central bank
And in the last three months or six months, we have done a substantial number of transactions in India
NGCIL guarantees can be used to give loans without collateral
There are more than one avenue and this is one of them to access to credit without collateral
Development comprises 6 high-rise towers with a shopping complex, cinema, clubhouse, indoor golf, art gallery,
Targeting SMEs and with support for women-led businesses
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
| 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 | - | - |
Complacency that capital and liquidity measures currently exceed regulatory minimum criteria is a false comfort
Enables mobile QR based payments in Sri Lanka and Nepal
Fitch Ratings has maintained the Rating Watch Negative (RWN) on the 'A(lka)' National Long-Term Rating of People's Bank
Fitch has also maintained HNB's senior and subordinated debt ratings of 'A(lka)' and 'BBB+(lka)', respectively, on RWN.
Fitch Maintains Commercial Bank of Ceylon's 'A(lka)' National Rating on Watch Negative
Our primary focus has, and continues to be, on further bolstering our liquidity
He will succeed Jonathan Alles, who is retiring from August 23,2024
Paying down foreign loans narrows the current account deficit or generates a surplus
BoC keeps lending rate growth below the pace of deposit rates
Loan loss provisions were up 14.04 percent to 6.7 billion rupees in the quarter.
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