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Friday November 13th, 2026
Banking

Sri Lanka Banks' Association welcomes budget, ready to help implementation

We anticipate that a focused approach to strengthen key sectors

February 18, 2025 2 min read

Sri Lanka's Sampath Bank debentures rated 'A(EXP)(lka)' by Fitch

Fitch rates the proposed Basel III Tier 2 notes two notches below the bank's National Long-Term Rating.

February 5, 2025 2 min read

Sri Lanka’s DFCC’s Acuity stake disposal gives limited capital boost: Fitch

Divestment of its 50% stake in Acuity Partners is unlikely to result in a material improvement in its regulatory capital

February 3, 2025 3 min read

Sri Lanka private credit surge in December 2024 amid 'abundant reserves': analysis

Out of the 789 billion rupees of annual private credit, 583 billion rupees came in the last five month of the year.

February 3, 2025 3 min read

Sri Lanka CEB struggles to pay for coal, salaries amid tariff hike delay: report

State banks heavily exposed to energy utilities

March 29, 2022 2 min read

Sri Lanka opposition questions whether state bank delayed payment

Please look into this immediately

March 24, 2022 1 min read

Sri Lanka's LB Finance buys tiny Multi-Finance

A 64-pct stake for Rs400mn

March 16, 2022 1 min read

Sri Lanka price controls on credit cards, overdrafts, pawning to be raised: Central Bank

Credit cards (penal rates) now at 20-pct, T/ODs 18-pct and pawning 12-pct

March 4, 2022 1 min read

Sri Lanka's NTB Bank net up 77-pct in Dec 22 quarter

Strong credit growth

March 1, 2022 2 min read

Sri Lanka central bank not banned state banks from lending to CPC: CB Governor

CPC lending should be be under single borrower threshold

February 22, 2022 2 min read

Sri Lanka DFCC Bank net down 68-pct in Dec 22

DFCC's loan loss provisions in December quarter was 1.3 billion rupees up from 529.4 million a year earlier.

February 20, 2022 1 min read

Sri Lanka firms to sell dollar shares on stock exchange

Sri Lankan firms can now raise funds in foreign currencies through listing at Colombo Stock Exchange

February 19, 2022 2 min read
1

Sri Lanka stocks fall to over 1-wk low on forced sales; LOFC boosts turnover

The key stock index has fallen 6.8 percent so far in February on forex, economic concerns

February 18, 2022 2 min read
1

Sri Lanka's LOLC gets nod to buy Kenya micro-financier: report

Exempted from shareholder limits for 4 years

February 9, 2022 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Source: Central Bank/Indicative
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
Source: Central Bank/Indicative
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
Source: CSE
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
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka finance companies raise Rs12.5bn in new capital

Another 12 companies are in the process of consolidation

January 31, 2022 2 min read
1

Sri Lanka bank pays China fertilizer firm after court order lifted

Ahead of visit by Chinese minister

January 8, 2022 1 min read

Sri Lanka's Alliance Finance gets US$5mn from EMF Microfinance Fund

After FMO funding

January 4, 2022 1 min read

Sri Lanka orders housing loans to be given at prime lending rate

After 5 years AWPR plus 200bp

January 3, 2022 1 min read

Sri Lanka's JKH, Central Finance asks for more time to cut NTB stake

Deadline to cut stake to 20-pct Dec 31

January 3, 2022 1 min read

Sri Lanka central bank controls dollar deposit rates amid currency crisis

To be 150bp below 364-day T-bill yield

January 2, 2022 3 min read

Sri Lanka's Alliance Finance gets second tranche of Dutch dollar credit

The funds will be on-lent to micro, small and medium enterprises

December 26, 2021 1 min read

Mark Surgenor heads HSBC Sri Lanka and Maldives

He had joined HSBC in 2009 and has worked in Europe, Latin America and Asia

December 1, 2021 1 min read

Sri Lanka's Bank of Ceylon profits down in Sept amid provisioning

Strong loan growth driven by overdrafts

November 21, 2021 2 min read

Sri Lanka's SDF is priced at a discount to peers, faster growth expected: IPO managers

New capital will remove capital constraints

November 19, 2021 3 min read