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Friday November 13th, 2026
Banking

Sri Lanka single borrower limits cut to 25-pct of bank capital, SOEs also included

Banks will have to limit exposures to 25 percent starting from January 2026

April 23, 2024 3 min read

Sri Lanka private credit expands in February

Rupee appreciation leads to parity changes in dollar credit

April 15, 2024 1 min read

Sri Lanka IMF, World Bank loan linked state bank reforms get cabinet nod

Reforms identified by a committee made up of IMF, World Bank and Central Bank officials

April 9, 2024 1 min read

Sri Lanka private banks unlikely to need state recapitalization

A budget for 2024 set aside 1.5-pct of GDP in allocations for possible bank recapitalization

April 4, 2024 1 min read
Sri Lanka NCGIL issues credit guarantees to cover Rs600mn loans to SMEs

NGCIL guarantees can be used to give loans without collateral

Sri Lanka banks can provide cashflow based lending with credit guarantee institution: Minister

There are more than one avenue and this is one of them to access to credit without collateral

IFC gives Sri Lanka bank US$50mn from Covid-19 emergency facility

Washington-based International Finance Corporation, a unit of World Bank said it had approved a 50 million US dollar cr...

May 31, 2020 2 min read

Sri Lanka's Coronavirus hit SME exporters to get 8-pct loans from Commercial Bank

Sri Lanka's Commercial Bank of Ceylon said it would provide a total of 10 billion rupees in loans to Coronavirus hit sma...

May 31, 2020 2 min read

Sri Lanka mulls giving more relief to finance company depositors: Minister

A meeting of Central Bank and Treasury officials have been called to look for ways to provide more relief to depositors ...

May 28, 2020 1 min read
1

Sri Lanka to liquidate The Finance Company, license cancelled: Central Bank

Sri Lanka's central bank said it had cancelled the operating license of The Finance Company Plc, a non-bank lender of th...

May 22, 2020 3 min read
3

Sri Lanka HNB group March net up 57-pct helped by forex profits, tax cuts

Sri Lanka's Hatton National Bank, which controls an insurer, said profits grew 57 percent to 3.0 billion rupees in the M...

May 20, 2020 2 min read

Sri Lanka's Nations Trust Bank net up in March, warning on moratorium impact

Profits at Sri Lanka's Nations Trust Bank grew 24 percent to 959 million rupees in the March 2020 quarter from a year ea...

Chanka Jayasinghe
May 20, 2020 3 min read

Sri Lanka money printing, bank credit break records in March 2020 currency fall

Sri Lanka's central bank credit (printed money) broke records in March 2020 sending helping private and state credit soa...

May 18, 2020 3 min read
2

Sri Lanka's Commercial Bank net up 20-ct in March on forex gains

Profits at Commercial Bank of Ceylon, Sri Lanka's largest private bank by assets grew 20 percent to 3.76 billion rupees ...

May 16, 2020 2 min read

Sri Lanka President asks banks to give subsidized credit to identified sectors

Sri Lanka's President Gotabaya Rajapaksa has asked banks to give concessionary credit to identified sectors, his office ...

May 15, 2020 5 min read

Sri Lanka banks allowed to count overdue SOE credit, EPF cover bad loans as liqudi assets

Sri Lanka has eased liquid asset rules for banks until June 30, 2021 as the island battles a Coronvirus crisis, allowing...

May 14, 2020 1 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
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 halts dividends, profit repatriation, share buy backs by banks

Sri Lanka's central bank has halted banks from declaring dividends and foreign banks from repatriating profits under new...

May 14, 2020 2 min read

Sri Lanka removed from European money laundering list

Sri Lanka has been removed from a list of high risk countries for money laundering and terror financing from May 07, the...

May 12, 2020 1 min read

Sri Lanka banks readying for external pressure as 'stimulus' trigger downgrades

Sri Lanka's banks which have borrowed abroad could face greater pressure from foreign lenders amid credit downgrades, a ...

Chanka Jayasinghe
May 9, 2020 3 min read

Sri Lanka economy to contract 1.0-pct in 2020, banks to under pressure from Coronavirus: Fitch

Sri Lanka's gross domestic product is expected to contract by one percent in 2020 and the operating environment for bank...

May 7, 2020 5 min read

Sri Lanka's Bank of Ceylon rating downgraded to 'B-' by Fitch

Fitch Ratings has downgraded state-run Bank of Ceylon's rating to 'B-' from 'B', with a outlook after a sovereign rating...

May 6, 2020 7 min read

Sri Lanka extends Central bank re-financed Covid-19 credit relief deadline to May 15

Sri Lanka has extended a deadline for Coronavirus credit relief for Coronavirus affected businesses from a central bank ...

May 3, 2020 2 min read

Sri Lanka Banking and Financial Sector impact from Covid-19 by Advocata Institute Video

Colombo-based Advocata Institute is hosting a live seminar on the impact of the banking sector from Covid-19.

May 1, 2020 1 min read

Sri Lanka's People's Bank to give agriculture loans of Rs3mn

Sri Lanka's state-run People's Bank will give up to 3.0 million rupees for agriculture and set up 200 cluster villages, ...

April 30, 2020 1 min read

Sri Lanka's Standard Chartered waives credit card fees, gives loan relief

Standard Chartered Sri Lanka said it is giving credit relief to its customers under a regulatory directive and also wai...

April 29, 2020 2 min read

Sri Lanka banks to face margin, profit pressure, outlook negative: Moody's

Sri Lanka's banking system will be under pressure from weakening businesses, which are hit by Coronavirus and the govern...

April 28, 2020 4 min read