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Friday November 13th, 2026
Banking

Sri Lanka’s Commercial Bank net up 111-pct in June quarter

The bank reported earnings of 5.92 rupees per share for June quarter

August 14, 2024 1 min read

Sri Lanka's HNB profits up 262-pct in June quarter

Profits helped by lower provisions even as net interest income falls

August 14, 2024 2 min read

Fitch upgrades Sri Lanka's Habib Bank to 'AA-(lka)'; Outlook stable

The head office's credit profile remains constrained by the sovereign rating due to its high interconnectedness with the

August 13, 2024 3 min read

Sri Lanka's DFCC Bank planned green bond given expected rating of A- (lka)

The notes, which would be the first listed green bond issuance in Sri Lanka, will mature in three years with fixed coupo

August 12, 2024 2 min read
Sri Lanka's Hatton National Bank net up 37-pct in June quarter

Provision reversals, rupee depreciation helps boost profits

Sri Lanka private credit hits new historical high of Rs221bn in June

Private credit outpaces private credit by Rs521bn rupees

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
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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
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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
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Latest Last
US Dollar 332.5018 332.3603
UK Pound 440.0661 440.9424
Euro 367.7137 368.4879
Yen 2.0793 2.0805
Aus Dollar 226.4670 227.4342
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5357 3.5474
Korean Won 0.2494 0.2492
Oman Rial 863.5962 863.2287
Saudi Riyal 88.5939 88.5586
UAE Dirham 90.5259 90.4874
Source: Central Bank/Indicative
pts %
S&P SL20 6,293.72 -1.13%
CSE All Share 22,024.18 -0.60%
Turnover Rs 3232.70 million 2975.05 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, ceiling 7-pct rate for wage earner housing loans

Sri Lanka will start directed lending under the policy of the current administration and will mandate a ceiling 7 percen...

November 26, 2020 2 min read

Sri Lanka gets US$165mn credit from ADB for Covid-19 hit small biz

Manila-based Asian Development Bank said it is giving a 165 million US dollar credit to Sri Lanka to support Coronavirus...

November 26, 2020 2 min read

Sri Lanka bank - finance company mergers could deny credit to some borrowers: Fitch

A proposal in Sri Lanka's budget for 2021 to merger finance and leasing companies with their parents will result in cust...

November 24, 2020 5 min read

Sri Lanka to make banks buy finance company units, give tax credits

Sri Lanka will make finance companies owned by banks merge and where larger finance companies own smaller ones they will...

November 22, 2020 2 min read

Sri Lanka's Nations Trust Bank net up 20-pct in Sept quarter

Profits at Sri Lanka’s NTB Banknet profits grew 20 percent to 1.3 billion rupees in the September 2020 quarter from a ...

November 16, 2020 2 min read

Sri Lanka’s Seylan Bank net down 42-pct

Profits at Sri Lanka’s Seylan Bank fell 42 percent from a year ago to 624 million in the September 2020 quarter as loa...

November 16, 2020 2 min read

Sri Lanka's NDB Bank net up 31-pct in Sept 2020

Profits at Sri Lanka’s NDB Banknet profits grew 31 percent to 1.5 billion rupees in the September 2020 quarter from a ...

November 14, 2020 2 min read

Hatton National Bank profits flat in Sept 2020 quarter

Profits at Sri Lanka's Hatton National Bank group, which also has an insurance unit was flat at 3.46 billion rupees in t...

November 13, 2020 2 min read

Sri Lanka's Commercial Bank net down 25-pct amid bond gain cushion

Sri Lanka's Commercial Bank of Ceylon Plc, the island's largest private lender said profits in the September 2020 quart...

November 13, 2020 2 min read

Sri Lanka pawning loans grew 11-pct to Rs237bn by Sept 2020: Minister Cabraal

Sri Lanka pawning (gold-backed loans) credit from the banking system had grown by 27 billion rupees 237 billion rupees i...

Imesh Ranasinghe
November 12, 2020 1 min read
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