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Friday November 13th, 2026
Banking

Sri Lanka female owned businesses face US$17bn financing gap: ADB country chief

A process called WE-Fi Code to collect data and develop policies to help women's access to finance

June 18, 2024 3 min read

IMF says suspension of Sri Lanka parate execution should be ended ASAP

Bad loans spiked after a currency crises, triggering auctioning of collateral

June 14, 2024 2 min read

Sri Lanka's Commercial Bank 'A(lka)' rating confirmed: ISB assets 7-pct

The bank's impaired loan ratio broadly remained unchanged in the first quarter of 2024 11.4-pct at end-2023.

June 6, 2024 6 min read

Sri Lanka leads region in recruiting more women in banking but barriers remain: IFC

Women comprisie 46 percent of new recruits, according to the IFC study.

June 3, 2024 3 min read
MTI Consulting to develop strategic plan for Bank of Bhutan

To develop a 5-year corporate plan for the Bank of Bhutan

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
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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 Combank to target financial products for women with IFC

Commercial Bank of Ceylon, Sri Lanka's largest private bank by assets, will offer financial products designed for women ...

July 14, 2020 2 min read

Sri Lanka suspends licenses of ETI Finance and Swarnamahal Financial Services

Sri Lanka's central bank said it has suspended the license of ETI Finance Ltd and Swarnamahal Financial Services Plc, wi...

July 13, 2020 3 min read

Sri Lanka attracts US$86mn deposits into Coronavirus accounts

Sri Lanka's special foreign exchange deposit accounts with an open call to resident and non-resident individuals as the ...

July 11, 2020 2 min read

Sri Lanka debt relief: borrowers need not pay interest at once: Central Bank

Borrowers who had got a moratorium from banks and leasing companies can demand when the interest is charged, Deputy Cent...

July 10, 2020 2 min read

Sri Lanka eyes more regulations for legal leasing after illegal money lending activity

A committee that examined Sri Lanka's regulated leasing industry and money lenders who use similar have recommended mor...

July 9, 2020 2 min read

Sri Lanka, Swedish firms asked to develop blockchain based KYC

Sri Lanka's central bank said it had chosen three parties which includes domestic and Swedish tech companies to develop ...

July 8, 2020 1 min read

Sri Lanka central bank approves Rs53bn in re-financed Covid-19 credit

Sri Lanka's central bank has approved 58 billion rupees of subsidized credit from re-finance (printed money), for Corona...

July 4, 2020 2 min read

India' Mahindra and Mahindra backing helps Sri Lanka's Ideal Finance rating

itch Ratings said it was confirming a 'BB-(lka)' rating of Sri Lanka's Ideal Finance Limited, with a Rating Watch Positi...

July 3, 2020 3 min read

Sri Lanka's central bank denies new forex accounts can be used for money laundering

Sri Lanka's central bank denied that new forex deposit accounts started after a Covid-19 crisis under a separate set of ...

July 3, 2020 3 min read

Sri Lanka starts new payments services as online banking soars in Covid-19 lockdowns

Sri Lanka is starting a easy-to-use mobile cash transfer and an automatic bill payment facility as internet banking use ...

Mahadiya Hamza
July 2, 2020 4 min read