Notable
Fitch has also affirmed DFCC's senior and subordinated debt ratings of 'A-(lka)' and 'BBB(lka)', respectively.
The Outlook is Stable. Fitch also affirmed Seylan's Sri Lankan rupee-denominated outstanding subordinated debt at 'BBB
The Outlook is Stable. Fitch also affirmed Sampath's outstanding Sri Lankan rupee-denominated subordinated debt at 'BBB+
Fitch has also affirmed NTB's Sri Lankan rupee-denominated outstanding subordinated debt at 'BBB(lka)'.
Central bank rules require holding to be brought down to 15-pct by 2029
Sri Lanka has extended a debt moratorium given to customers of banks and finance companies from October 01, 2020 to Marc...
Sri Lanka's private credit grew by 87.4 billion rupees in September 2020, expanding for the second month in a row, short...
Sri Lanka has extended the grace period of Covid-19 relief loans given at 4 percent to 9 months from the date of grantin...
Sri Lanka banks have been given more discretion in assessing firms ability to repay loans which had already been re-stru...
India's Axis Bank has been given the approval to close its operations in Sri Lanka's capital Colombo and exit the countr...
India's ICICI Bank Limited has been given approval to close down its business in Sri Lanka's capital Colombo, the island...
Sri Lanka's Softlogic Finance, a licensed non-bank lender said it had received the nod from the Colombo Stock Exchange t...
Sri Lanka's finance and leasing companies (FLCs) would be hurt further from the risk of a 'second wave' of Coronavirus w...
Dimo, the agents for Mercedes-Benz and Jeep in Sri Lanka said it was teaming up with Nations Trust Bank to help lease bo...
Sri Lanka will be given an opportunity for special deposit (SDA) forex accounts introduced in April 2020 amid Coronaviru...
| 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 |
| 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 |
| 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 |
| 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 | - | - |
Capitalization, bad loans and profits of banks in Sri Lanka and India will be among hardest hit in the Asia Pacific regi...
Leader of the Opposition Sajith Premadasa is calling on all political parties to shed their differences and come togethe...
Moody's Investors Service has downgraded the long-term foreign currency deposit ratings of Bank of Ceylon (BOC), Hatton ...
Sri Lanka's Softlogic Capital Plc said it will buy a 49.67 percent stake in Abans Finance from its parent at 30.10 rupee...
Sri Lanka's credit to private sector grew 78.3 billion rupees to 5,908.7 billion rupees, while loans to state enterprise...
Fitch Ratings said it was confirming an 'A+(lka)' rating of Central Finance Plc, Sri Lanka's fourth largest finance comp...
Sri Lanka's finance and leasing company non-performing loans spiked to 14.14 percent in June 2020 from 11.37 percent in ...
Fitch Ratings has confirmed an 'A-(lka)' rating of LB Finance, Sri Lanka's third largest non-bank finance leasing compan...
Non-performing loans at Sri Lanka's commercial banks grew to 5.3 percent of total loans by June 2020, from 4.9 percent i...
Sri Lanka's central bank said it will allow multilateral agencies such as the International Finance Corporation, the Asi...
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
4 min read