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Friday November 13th, 2026
Banking

Sri Lanka banks say lobbies oppose recoveries, while others say defaulters going free

Deposits are safe banks say

June 27, 2024 4 min read

Sri Lanka CB imposes penalties on DFCC, Sampath banks for non-compliance

Penalties imposed for not revealing information about customer, not doing due diligence

June 26, 2024 2 min read

Sri Lanka's Commercial Bank Rs10bn to sell up to 10-year 13.5-pct debt

The Bank will initially issue 100 million debentures at 100 rupees each, to raise 10 billion.

June 25, 2024 2 min read

Sri Lanka mulling development bank to give low interest credit: President

"This new bank aims to maintain low interest rates."

June 19, 2024 3 min read
Sri Lanka private credit surges Rs133bn in May 2025

Credit to government from banks fell 53 billion rupees in May

Sri Lanka's troubled Nation Lanka Finance placed under administration

The Administrator will assume full control over all the assets, rights, business and affairs

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
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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
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pts %
S&P SL20 6,293.72 -1.13%
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Turnover Rs 3232.70 million 2975.05 million
Source: CSE
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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
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I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's NSB rating confirmed by ICRA Lanka

ICRA Lanka has reaffirmed the state-owned National Savings Bank at [SL]AAA with a stable outlook due to low risk investm...

July 27, 2020 9 min read

Sri Lanka private credit negative for second month in June 2020

Sri Lanka's private credit contracted 54 billion rupees in June 2020, extending a 69.6 billion rupee contraction seen in...

July 27, 2020 4 min read

Sri Lanka anti-money laundering watchdog fines banks, finance companies

Sri Lanka's Financial Intelligence Unit, the island's anti-money laundering watchdog, said it had fined two banks and th...

July 24, 2020 1 min read
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Sri Lanka committee appointed to change direction of state banks

Sri Lanka will appoint a committee headed by retired High Court Judge Sisira Ratnayaka and 'experts from relevant' field...

July 24, 2020 2 min read

Sri Lanka's ETI Finance, Swarnamahal depositors to be paid from July 25: Corrected

Sri Lanka's central bank said compensation of up to 600,000 rupees will be paid to depositors of the failed ETI Finance ...

July 22, 2020 1 min read

Moody's says keeping Sri Lanka bank ratings under review for downgrade

Moody's Investors Service, which has put Sri Lanka's 'B2' sovereign rating under review for downgrade said it will conti...

July 22, 2020 3 min read

Sri Lanka bank operating conditions weaken, sovereign risk limit ratings: Fitch

The operating environment is continuing to weaken amid a Coronavirus pandemic and sovereign credit which had already bee...

July 20, 2020 2 min read

NDB's Dimantha Seneviratne discusses Covid-19’s impact on banking 

What promised to be a year of economic revival, 2020 brought the coronavirus pandemic. This is how the banking sector r...

July 14, 2020 10 min read

Sri Lanka issuing Treasury letters confirming state debts to contractors and suppliers

Sri Lanka has begun issuing letters to government contractors and suppliers confirming that they are owed money by the s...

July 14, 2020 2 min read

HSBC Premier revamped to suit evolving affluent customer lifestyles

Global banking group HSBC, with offices across 64 countries and assets of 2.7 trillion US dollars has enhanced its inter...

July 14, 2020 3 min read