An Echelon Media Company
Friday November 13th, 2026
Banking

Sri Lanka's Combank stock slides after capital call

The bank made a capital call from shareholders of 22 billion rupees

May 29, 2024 1 min read

Sri Lanka tightens governance of state banks, limits lending to SOEs

Special unit to be set up at the Finance Ministry to monitor state banks

May 29, 2024 1 min read

Sri Lanka's Commercial Bank in rights issue to raise Rs22bn

1 for 5 voting at Rs85 and 1 for 5 non-voting at Rs69.

May 28, 2024 1 min read

Sri Lanka financial literacy to combat fraud, cut indebtedness: CB Governor

Financially literate persons will make better savings and investment decisions

May 22, 2024 1 min read
Sri Lanka tax payers take over Rs788bn in CPC state bank dollar loans

State banks converted to forex term loans and rupee treasury bonds

Sri Lanka hunts independent directors for state banks

Head hunting firm to find independent directors for state-owned banks

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
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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's Commercial Bank to raise Rs10bn from share sale to IFC

Sri Lanka's Commercial Bank of Ceylon said it wants to raise 10 billion rupees in capital from the sale of up to 125 mil...

July 1, 2020 1 min read

Sri Lanka President calls for joint committee to monitor failed finance companies

Sri Lanka's President Gotabaya Rajapaksa had called for a four way joint committee to monitor the resolution of failed f...

June 30, 2020 2 min read

Sri Lanka's central bank to guarantee Covid-19 credit

Sri Lanka's central bank said it will guarantee loans given by banks for Coroanvirus affected businesses, from their ow...

June 28, 2020 3 min read
1

Sri Lanka Covid-19 credit needs guarantees to move, caution on liquidity injections: Advocata

Sri Lanka's government or central bank will have to guarantee Coronavirus credit to the most vulnerable firms, but below...

June 28, 2020 5 min read

Sri Lanka central bank explains finance, leasing company regulation

Sri Lanka's central bank has explained its regulation of leasing and finance companies (non-bank financial institutions)...

June 26, 2020 2 min read

Overwhelming demand for Sri Lanka's Covid-19 credit scheme: banker

Demand is overwhelming for Sri Lanka’s central bank re-financed loan scheme to support struggling businesses impacted ...

June 25, 2020 6 min read

Sri Lanka's central bank gives Rs28bn loans from Rs120bn quasi-fiscal Coronavirus re-finance

Sri Lanka's central bank said it had approved 28 billion rupees of subsidized credit to be issued from commercial banks ...

June 25, 2020 3 min read

Sri Lanka's John Keells Holdings gets US$175mn from IFC

Washington-based International Finance Corporation said it will invest 175 million US dollars in Sri Lanka's based John ...

June 23, 2020 2 min read

Sri Lanka bank bad loans in March 2020 pick up to 5.1-pct

Bad loans at banks in Sri Lanka picked 5.1 percent of gross credit by March 2020 from 4.9 percent in December 2019, in c...

June 22, 2020 3 min read

Sri Lanka's Senior Citizens' incomes will take a hit as interest rates set to fall steeply - Economi...

Sri Lanka’s hundreds of thousands of Senior Citizens who have invested their lives’ savings in Fixed Deposits and ar...

Arjuna Ranawana
June 18, 2020 3 min read