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Friday November 13th, 2026
Banking

Sri Lanka lenders, Bank of China eye Port City for offshore banking

The banks will provide services to offshore customers and serve business within the Port City

August 21, 2024 1 min read

Sri Lanka’s HNB Rs12bn debenture issue oversubscribed

Received applications for over LKR 12,000,000,000

August 20, 2024 1 min read

Dilshan Rodrigo appointed CEO of Sri Lanka’s Union Bank

He replaces Indrajit Asela Wickramasinghe

August 20, 2024 1 min read

Sri Lanka's ComBank raises Rs22.54bn in largest rights issue

The funds are to be used to finance expansion

August 16, 2024 2 min read
Sri Lanka’s Sampath Bank net down 17-pct in June quarter

Taxes were in excess of 8.4 billion rupees in the quarter

Sri Lanka Nations Trust Bank net up 11-pct in June quarter

Net fee and commission income edged up 1 percent to 2,049 billion rupees

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
1

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
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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 private loans positive in November, credit to state expands

Sri Lanka's commercial banks loans to private customers grew by 41.4 billion rupees in November 2020, slower than the 59...

January 4, 2021 2 min read

Sri Lanka's State Mortgage and Investment Bank [SL]BBB+ rating confirmed: ICRA

ICRA Lanka said it was confirming a domestic [SL]BBB+ rating of State Mortgage and Investment Bank, a state-run housing ...

January 3, 2021 8 min read

Sri Lanka's DFCC Bank downgraded to CCC+ after sovereign rating cut

Sri Lanka's DFCC Bank has been downgraded to 'CCC+' from 'B-' by Standard and Poor's after an earlier cut in the soverei...

January 3, 2021 5 min read

Sri Lanka 7-pct mortgage loans for houses, land, apartments, renovation

Mortgage loans at a state mandated 7 percent rate given to salaries workers could be used to build houses, purchase a la...

December 26, 2020 6 min read

Sri Lanka's LOLC Finance's ICRA rating confirmed at [SL]A

ICRA Lanka said it was confirming a [SL] A rating of LOLC Finance Plc, with a stbel outlook taking a consolidated view ...

December 25, 2020 11 min read
1

Sri Lanka credit to pick up in 2021, sovereign support cannot be relied upon: Fitch

Sri Lanka's loan growth will pick up "moderately" in 2021, with state banks contributing with bad loans rising but bank ...

December 18, 2020 2 min read

Sri Lanka state workers to get housing, solar power loans at controlled rates

Sri Lanka's state workers will get loans for housing at a 7.0 percent controlled rate and solar power at 4.0 percent wil...

December 11, 2020 1 min read
2

Fitch downgrades Bank of Ceylon to 'CCC' after sovereign rating cut

Fitch Ratings has downgraded state-run Bank of Ceylon to 'CCC' from 'B-' in the wake of an earlier downgrade of the sov...

December 8, 2020 7 min read

Standard Chartered Sri Lanka finances PPE export production

Standard Chartered Sri Lanka said it had financed personal protective equipment manufacture for export at Sri Lanka's Di...

December 3, 2020 2 min read

Sri Lanka bank NPLs steady in Oct with 25-pct moratorium, non-banks improve

Non-performing loans in Sri Lanka's banks were steady at 5.2 percent by October 2020 though a substantial volume of loan...

December 1, 2020 2 min read