Notable
Sampath Bank made forex gains and capital gains on rupee bonds
Sri Lanka's private credit has expanded by 173 billion rupees to March
A provision of Rs29.9mn made
Stage 3 loans ration falls
Prime lending rates back to pre-rate cut levels
Imposed on LOLC Finance, Fintrex Finance, Rank Entertainment (Casino Marina), PABC, Bullion Exchange, NDB, Mobitel
Money to be used to bolster deposit insurance scheme
Output gap targeting is to be legalized in a controversial new monetary law
The three credit and two debit cards will work on Sri Lanka's Lanka Pay Network and also on JCB's international network
This expectation is driven by SCBSL's status as a branch of SCB
Fitch Ratings said it has confirmed Citibank N.A. Colombo Branch’s (CitiSL) National Long-Term Rating at ‘AAA(lka)�...
Nine banks accounting for 90-pct of assets under the microscope
Private credit fall comes amid falling inflation and de-leveraging
Silvergate Bank had exposure to crypto assets that bubbled during Fed money printing
Changes are also planned to a Banking (Special Provisions) Act
| 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 | - | - |
Consultants have started work and they are working on five banks
After assessing the repayment capacity, to restructure the loans
Provisioning for bad loans and advances grew 20.6 percent to 5.3 billion rupees
Helped mainly by tax reversal despite provisions for bad loans amid a currency crisis.
To help finance imports of food, medicine and fertilizer
Accumulated impairments rose to 33.5 billion rupees from 19.2 billion rupees.
Net interest income up
Triggered by the highest-ever increase in regulator policy rates within a 12 months' window
The bank provided for loans losses and sovereign bond investments
Loan growth slowed, more deposits raised
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