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Friday November 13th, 2026
Banking

Sri Lanka's Bank of Ceylon to divest subsidiary BOC Travels

BoC to divest 100 percent of its shareholding in its subsidiary B O C Travels (Private) Limited

May 21, 2024 1 min read

Sri Lanka's HNB net up 2-pct in March 2024 quarter

The reported earnings of 12.61 rupees for the quarter

May 15, 2024 1 min read

Sri Lanka's Commercial Bank net up 152-pct in March quarter

Net interest income improves

May 15, 2024 2 min read

Sri Lanka's NSB subsidiary staff to be offered VRS: Minister

Sri Lanka Savings Bank staff will be offered a voluntary retirement scheme,

May 14, 2024 1 min read
Sri Lanka's Bank of Ceylon increases paid-up capital by Rs730mn

Increased from Rs. 25,000 million to Rs. 25,730 million through extraordinary gazette

Sri Lanka private credit expands Rs1.1trn in year to April 2025

Private credit rise by Rs1,124bn in the year to April 2025

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
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 COVID-19 relief loan schemes hit by credit risks

Sri Lanka's small businesses are finding it difficult to get credit from government-subsidized loan schemes where credit...

Mahadiya Hamza
June 17, 2020 6 min read

Sri Lanka to start more credit schemes with 1.0-pct central bank money

Sri Lanka's central bank said it will issue more new money to banks at 1.0 percent to give loans under credit schemes wh...

June 16, 2020 3 min read
1

Sri Lanka bank forex funding pressures, bad loans to rise after Covid-19: Fitch

Bad loans in Sri Lanka's banks will worsen after a Coronavirus pandemic, pressure on foreign loan funding could intensif...

June 16, 2020 2 min read

Sri Lanka private credit tumbles in April 2020, more money printing

Sri Lanka's private credit has tumbled in April 2020 to 13.4 billion rupees from a spike to 120 billion rupees in March ...

June 15, 2020 3 min read

Sri Lanka leasing firms say three-wheeler chief's killing linked to unauthorized lender

An association representing Sri Lanka's registered leasing and finance companies said a recent killing of a head of thr...

June 13, 2020 3 min read

Sri Lanka President orders police to halt seizing of defaulted lease assets

Sri Lanka's President Gotabaya Rajapaksa has ordered police to stop leasing companies from re-posseing defaulted leases ...

June 13, 2020 3 min read

President warns Bankers he will remove those who do not follow government guidelines and “fall in ...

President Gotabaya Rajapaksa is saying that the government is facing criticism that the banking system has not passed do...

June 12, 2020 2 min read

Sri Lanka financial system strong, will prosecute those spreading wrong information: CB Governor

Sri Lanka's banking system is strong despite a rise in bad loans and the central bank will use all tools to maintain fin...

June 7, 2020 7 min read

Standard Chartered Sri Lanka finances MAS group to make Covid-19 face masks for US

Standard Chartered Sri Lanka said it had provided an 11 million US dollar credit from a concessionary Covid-19 facility ...

June 7, 2020 2 min read

Sri Lanka CB to pay Rs600,000 to The Finance depositors from June 07

Sri Lanka's Central Bank said compensation payments up to 600,000 rupees to depositors of the failed The Finance Company...

June 4, 2020 1 min read