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Friday November 13th, 2026
Banking

Sri Lanka central bank removes price control on loans

Lending rates urged to fall further

March 26, 2024 1 min read

ADB approves US$100mn Sri Lanka SME loan

Women led SMEs to get support

March 18, 2024 2 min read

Sri Lanka’s International Financial City awaiting banking regulations

Banks operating within the Port City will be licensed by either the central bank or the country it is incorporated in.

March 14, 2024 3 min read

Kavan Ratnayaka appointed chairman of Sri Lanka's Bank of Ceylon

He has previously functioned as chairman of the National Development Bank PLC

March 13, 2024 1 min read
Sri Lanka loan demand to grow faster in 2025 2Q: CB Survey

SME loan demand rose in the 4Q 2025 and corporate loan demand is expected to rise further in 2025 2Q

Sri Lanka financial VAT surges as taxes overshadow retained profits in banks

Some bank paid more taxes than the residual left for shareholders and for capital

Sri Lanka's Union Bank drops bond dealership

Sri Lanka's Union Bank of Colombo has been given the go ahead to cease being a primary dealer for government bonds, the...

April 25, 2020 1 min read

Moody's downgrades Sri Lanka's Bank of Ceylon to 'b3', Sampath, HNB under watch

Moody's Investors Services has downgrade Bank of Ceylon's rating to 'b3' from 'b2' and placed the bank along with Hatton...

April 20, 2020 8 min read

Sri Lanka eyes new liquidity measures for finance companies, asset rules lowered: CB

Sri Lanka has lowered the requirements for finance and leasing companies to tie up capital in liquid assets and is also...

April 13, 2020 4 min read

Sri Lanka gazettes regulations for SDA Coronavirus deposits, overrides existing rules

Sri Lanka has gazette new foreign regulations covering foreign exchange deposits of up to 12 months in domestic banks a...

April 12, 2020 3 min read

Sri Lanka to give Coronavirus incentive package for foreign exchange remitted in

Sri Lanka will give an incentive package to anyone who repatriates dollars held abroad to the island in the next three m...

April 9, 2020 2 min read

Sri Lanka bank risks to persist despite Coronavirus rule easing: Fitch

Risks to Sri Lanka's banks will persist despite recent Coronavirus driven regulatory easing announced by the central ban...

April 8, 2020 5 min read

Sri Lanka finance companies pressured by Coronavirus: Fitch

Sri Lanka's Finance and Leasing Companies (FLCs) which had seen a spike in bad loans would be further pressured by Coron...

April 3, 2020 4 min read

Sri Lanka relaxes capital buffer deadlines, bad loan rules on Coronavirus crisis

Sri Lanka's central bank said it relaxing loan loss provisions, capital enhancement deadlines and would also allow banks...

March 30, 2020 3 min read

Sri Lanka central bank to re-fiance Rs50bn in Coronavirus loans

Sri Lanka will provide central bank re-finance up to 50 billion rupees for businesses hit by Coronavirus through a re-f...

March 28, 2020 9 min read

Central Bank of Sri Lanka, banks, Treasury, insurers essential services in Coronavirus curfew

Sri Lanka's President Gotabaya has made Central Bank of Sri Lanka, commercial banks, insurances services and the Treasur...

March 26, 2020 1 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 HSBC gives Coronavirus relief to credit card, wholesale banking customers

Sri Lanka's HSBC, the largest foreign banks said it is giving relief to credit card customers, personal and wholesale cr...

March 26, 2020 4 min read

Sri Lanka CB issues Coronavirus relief order to banks on small biz, vehicles, loans

Sri Lanka's central bank has issued directions for commercial banks to give a six month debt moratorium to for lease re...

March 26, 2020 2 min read

Peoples' Bank helping keep Sri Lanka energized in Coronavirus battle, ATMs, online banking urged: Ch...

Sri Lanka's state-run People's Bank said it is funding the country's energy utilities and key state enterprises, giving ...

March 24, 2020 2 min read

Sri Lanka's Commercial Bank says ready to help customers worst hit by COVID-19

Commercial Bank of Ceylon, Sri Lanka's largest private lender is ready to support borrowers whose cashflows would be h...

Chandeepa Wettasinghe
March 24, 2020 4 min read

Sri Lanka bankers to use office IDs for work during Coronavirus curfew: police

The Central Bank of Sri Lanka (CBSL) has asked commercial banks to be open at least two hours when curfew is lifted in m...

March 23, 2020 1 min read

Sri Lanka President orders 6-month debt moratorium, 4-pct working capital

Sri Lanka's President Gotabaya Rajapaksa ordered banks to suspend collecting loans for six months and provide working ca...

March 17, 2020 1 min read

Sri Lanka Central Bank Governor asks markets to remain calm

Sri Lanka's Central Bank Governor W. D. Lakshman called on financial institutions to not speculate and cause panic in th...

March 17, 2020 2 min read

Sri Lanka central bank in low cost QR code drive to boost digital transactions

Sri Lanka is promoting low cost quick response (QR) code based technology with slashed fees to draw a wider base of smal...

Tania Madies
March 13, 2020 3 min read

Sri Lanka gives debt moratorium to finance company borrowers

Sri Lanka has extended a debt moratorium introduced at the request of the current administration first given by banks to...

March 13, 2020 1 min read

Fitch warns Sri Lanka on finance companies, ahead of tighter bad loan rule

Profits and capital of Sri Lanka's Finance and Leasing Companies (FLCs) would be dented when tighter rules on bad loan p...

March 13, 2020 4 min read