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Friday November 13th, 2026
Banking

Sri Lanka’s NDB to raise upto Rs10bn in debenture issue

Debentures with a non-viability conversion will be offered at 100 rupees each.

September 2, 2024 1 min read

Sri Lanka’s HNB Rating unaffected by planned Alfalah Bangladesh purchase

We believe the acquisition, if it proceeds, would have only a modest impact on HNB’s capital

August 30, 2024 4 min read

Sri Lanka’s HNB to enter talks to buy Bangladesh unit of Bank Alfalah

Bank Alfalah has a presence in UAE, Bahrain, Pakistan, Afghanistan and Bangladesh

August 27, 2024 1 min read

Sri Lanka loan demand up in second quarter

The outlook for the fourth quarter was also positive

August 25, 2024 2 min read
Sri Lanka's Commercial Bank net up 101-pct in June quarter

Last year's provisions were high due to ISBs

Sri Lanka's NDB net down 6-pct in June quarter

Loans and advances grow 21-pct

Sri Lanka's NDB Bank net down 32.1 -pct in Dec quarter

Profits at Sri Lanka's NDB Bank group fell 32.1 percent to 1.24 billion rupees in the December 2021 quarter from a year ...

February 19, 2021 1 min read

Sri Lanka stocks extend gains rising 1.9-pct

Sri Lanka stocks gained 1.95 percent on Thursday continuing for the second day, pushed up by LOLC Holdings, Brown Invest...

February 18, 2021 3 min read

Sri Lanka DFCC Bank net up 39-pct in Dec 2020

Profits at Sri Lanka's DFCC Bank rose 39 percent to 716 million rupees in the December 2020 quarter, helped by lower ope...

February 18, 2021 2 min read

Sri Lanka bank credit to state surges in Dec 2020

Sri Lanka's credit to the government from the banking system rose to 187.7 billion rupees in December 2020, up from 99.1...

February 1, 2021 1 min read

Sri Lanka to issue new orders under foreign exchange law

Sri Lanka will change several orders and regulations issued under the country's exchange control law, involving capital ...

January 29, 2021 1 min read

Fitch changes ratings of 9 Sri Lanka banks, finance companies after sovereign downgrade

Fitch Ratings said it was revising the the local ratings of nine Sri Lanka banks and finance companies following a ratin...

January 26, 2021 7 min read

Sri Lanka warned over phishing fraud through online loan, deposit scams

Sri Lanka's central bank has warned that online scams offering to lend money at low rates or give high interest are taki...

January 22, 2021 3 min read

Sri Lanka banks ordered not to recover bad loans from paddy millers

Sri Lanka has ordered commercial and specialized banks to halt bad loan recoveries from paddy millers and not to start n...

January 20, 2021 1 min read

Banks in Sri Lanka ordered to delay dividends, profit repatriation, curb ads, travel

Banks in Sri Lanka have been ordered to delay dividends and foreign banks profit repatriation until the 2020 accounts ha...

January 20, 2021 2 min read

Sri Lanka pushing PayPal to do inward payments for over 8 years: CB official

Sri Lanka has been trying to persuade PayPal, an online payment platform to enable inward remittances for over eight yea...

Chanka Jayasinghe
January 20, 2021 3 min read
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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 to start directed lending for SMEs after talking to lenders: Central Bank

Sri Lanka will start a directed lending program to 'priority sectors' in the small and medium industry sector after cons...

January 19, 2021 1 min read

Sri Lanka eyes artificial intelligence for bank regulation: CB Governor

Sri Lanka is looking at artificial intelligence and machine learning to improve off-site supervision of banks as part of...

Mahadiya Hamza
January 16, 2021 2 min read
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Sri Lanka's Peoples' Bank says it is strong and stable

Sri Lanka's state-run People's Bank said it was strong and stable and had relationships with 900 foreign banks.

January 15, 2021 1 min read

Swarnamahal Financial Services depositors to get another payment: Sri Lanka central bank

Sri Lanka's central bank said depositors of Swarnamahal Financial Services will get another tranche of cash, taking repa...

January 13, 2021 4 min read

Sri Lanka central bank to wind-up ETI Finance through court

Sri Lanka's central bank said it will make an application to court to wind up, ETI Finance Limited, a failed finance com...

January 12, 2021 3 min read

IFC gives Sri Lanka's Nations Trust Bank US$25mn for Covid-19 loans

Washington-based International Finance Corporation said it was giving 25 million US dollars to Sri Lanka's Nations Trust...

January 12, 2021 2 min read

Sri Lanka fines three finance companies under anti-money laundering rules

Sri Lanka's Financial Intelligence Unit, which operates under the central bank has fined three finance companies 2.3 mil...

January 11, 2021 1 min read

Sri Lanka AG orders criminal probe over ETI Finance linked Rs13b unauthorised accounts

Sri Lanka's Attorney General has ordered a criminal probe over 13 billion rupees of illegal deposits allegedly taken by ...

January 6, 2021 1 min read

Sri Lanka to improve resolution of failing banks: CB Governor

Sri Lanka is improving the process of dealing with failing banks and finance companies and which will prevent contagion ...

January 6, 2021 2 min read

Sri Lanka to encourage bank mergers, expand to region: CB Governor

Sri Lanka will help smaller banks to merge with stronger ones and large commercial banks will also be encouraged to go a...

January 5, 2021 2 min read