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Friday November 13th, 2026
Banking

Sri Lanka approves five firms to run airport foreign exchange counters

Four banks and Thomas Cook given 3 year contract

July 16, 2024 1 min read

Sri Lanka central bank extends deadline for updating depositor unique identification number

Unique identification numbers for depositors of licensed banks and licensed finance companies

July 8, 2024 1 min read

Sri Lanka engaging with local banks on sovereign bonds restructure

About 15 percent of the sovereign bonds outstanding are held with private local banks

July 7, 2024 2 min read

Sri Lanka implements Banking (Amendment) Act No. 24 of 2024

Amendments formulated considering developments incur rent regulatory framework, economic and market developments

June 28, 2024 4 min read
Sri Lanka boutique advisory Bridjin kicks of with Rs3.2bn East West deal

Bridjin was founded by Geeth Balasuriya, who counts over 20 years experience in finance

Sri Lanka probing financial companies started as 'Co-operative Banks': Minister

"There are concerns whether there is money laundering."

Anura Kumara wants Central Bank actions between 2008 and 2015 probed

Leader of the National Peoples’ Power alliance (NPP) Anura Kumara Dissanayake is asking the government to provide a se...

September 8, 2020 1 min read

Sri Lanka private credit negative in July, credit to government surges

Sri Lanka's private credit was negative for the third straight month in July 2020, contracting 3.6 billion rupees, while...

September 3, 2020 2 min read

Sri Lanka central bank extends debt moratorium for tourism till March 2021

Sri Lanka's banks have been directed by the central bank to extend a Covid-19 debt moratorium for six months from Octobe...

August 29, 2020 3 min read

Sri Lanka planning SME development bank, credit guarantee agency: CB Governor

Sri Lanka is planning a new development bank to fund small and medium enterprises and a credit guarantee fund, as part o...

August 28, 2020 1 min read

Sri Lanka central bank approves Rs100bn re-finance credit, deadline extended

Sri Lanka's central bank said it had approved over 100 billion rupees under a subsidized credit scheme for Coronavirus h...

August 26, 2020 1 min read

HSBC starts banking unit in Sri Lanka's China-run Hambantota port

HSBC Sri Lanka had started an express banking unit in Hambantota near a port operated by China's CM Ports group, which w...

August 24, 2020 2 min read

Sri Lanka's Seylan Bank to sell senior, bail-in bonds

Fitch Ratings had given an expected rating a 'A(lka) (EXP) to planned senior debt issue of Seylan Bank Plc and a two not...

August 22, 2020 2 min read

Sri Lanka central bank planning housing loan scheme under govt policy directions: CB Governor

Sri Lanka's central bank will announce a housing loan program for low and middle income borrowers in line with governme...

August 20, 2020 1 min read
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Committee to probe irregularities, misconduct in state banks during the past regime

The Cabinet has appointed a committee to investigate alleged irregularities, unproductive initiatives and misconduct in ...

August 19, 2020 1 min read

Sri Lanka's Commercial Bank June 2020 quarter net up 4.5-pct

Profits at Sri Lanka's Commercial Bank of Ceylon grew 4.5 percent from a year earlier to 3.6 billon rupees in the June 2...

August 18, 2020 1 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's Bank of Ceylon in losses in the June 2020 quarter

Sri Lanka's state-run Bank of Ceylon, the largest commercial bank in the country has reported a loss 296 million rupees ...

August 16, 2020 2 min read
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NDB Bank Sri Lanka net up on June 2020 quarter

Profits at Sri Lanka's NDB Bank net profits grew 43 percent to 1.1 billion rupees in the June 2020 quarter from a year e...

August 16, 2020 1 min read

Sri Lanka's Sampath Bank net down over early recognition of interest loss

Profits of Sri Lanka's Sampath Bank Plc fell 36 percent to 1.32 billion rupees in the June 2020 quarter from a year earl...

August 13, 2020 2 min read

DFCC Bank Sri Lanka net up in June quarter

Sri Lanka's DFCC Bank said profits rose to 766 million rupees in the June 2020 quarter from 183 million rupees a year ea...

August 13, 2020 2 min read

Sri Lanka's Commercial Bank expects 5-6 percent credit growth 2020, buys ISBs

Sri Lanka's Commercial Bank of Ceylon, the island's largest private bank is expecting 5-6 percent credit growth in 2020 ...

August 13, 2020 1 min read

Sri Lanka's LOLC net down 74-pct in March 2020 quarter

Profits at Sri Lanka's LOLC Holdings fell 74 percent to 1.49 billion rupees in the March 2020 quarter from a year earli...

August 12, 2020 2 min read

Deploying new banking tech during Covid-19 

Listed Sampath Bank pushed the boundaries making sure customers had access to services and accelerating the digital adop...

August 11, 2020 8 min read

Sri Lanka's Seylan Bank profits marginally up in June despite provisions

Profits at Sri Lanka's Seylan Bank Plc group grew 1.1 percent to 669 million rupees in the June 2020 quarter with intere...

July 31, 2020 1 min read

Sri Lanka banks to zero-weight discounted contractor bills for Basel III, count as liquid assets

Sri Lanka's commercial banks could zero-rate for Basle III capital contractor bills due from the government discounted w...

July 30, 2020 3 min read

Sri Lanka finance companies to be hard hit by import controls as bad loans top 11-pct

Sri Lanka's Finance Companies which have seen rising bad loans as the rate cuts of April 2018 triggered currency collaps...

July 29, 2020 4 min read