Notable
Licensed banks have to set up BRUs by mid-May 2024 and fully comply with the guidelines by July 01
People's Bank is the second largest state bank by assets
BRUs will help guide and strengthen small and medium enterprises
Banks have warned that it would make them more cautions and SMEs are likely to have reduced access.
Chairmen of the two state banks presented their annual reports to President Anura Disanayake
Incidents have to be reported under three categories
Sri Lanka's central bank has halted banks from declaring dividends and foreign banks from repatriating profits under new...
Sri Lanka has been removed from a list of high risk countries for money laundering and terror financing from May 07, the...
Sri Lanka's banks which have borrowed abroad could face greater pressure from foreign lenders amid credit downgrades, a ...
Sri Lanka's gross domestic product is expected to contract by one percent in 2020 and the operating environment for bank...
Fitch Ratings has downgraded state-run Bank of Ceylon's rating to 'B-' from 'B', with a outlook after a sovereign rating...
Sri Lanka has extended a deadline for Coronavirus credit relief for Coronavirus affected businesses from a central bank ...
Colombo-based Advocata Institute is hosting a live seminar on the impact of the banking sector from Covid-19.
Sri Lanka's state-run People's Bank will give up to 3.0 million rupees for agriculture and set up 200 cluster villages, ...
Standard Chartered Sri Lanka said it is giving credit relief to its customers under a regulatory directive and also wai...
Sri Lanka's banking system will be under pressure from weakening businesses, which are hit by Coronavirus and the govern...
| 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 |
| 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 |
| 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 |
| 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 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Sri Lanka's Union Bank of Colombo has been given the go ahead to cease being a primary dealer for government bonds, the...
Moody's Investors Services has downgrade Bank of Ceylon's rating to 'b3' from 'b2' and placed the bank along with Hatton...
Sri Lanka has lowered the requirements for finance and leasing companies to tie up capital in liquid assets and is also...
Sri Lanka has gazette new foreign regulations covering foreign exchange deposits of up to 12 months in domestic banks a...
Sri Lanka will give an incentive package to anyone who repatriates dollars held abroad to the island in the next three m...
Risks to Sri Lanka's banks will persist despite recent Coronavirus driven regulatory easing announced by the central ban...
Sri Lanka's Finance and Leasing Companies (FLCs) which had seen a spike in bad loans would be further pressured by Coron...
Sri Lanka's central bank said it relaxing loan loss provisions, capital enhancement deadlines and would also allow banks...
Sri Lanka will provide central bank re-finance up to 50 billion rupees for businesses hit by Coronavirus through a re-f...
Sri Lanka's President Gotabaya has made Central Bank of Sri Lanka, commercial banks, insurances services and the Treasur...
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