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Tuesday November 29th, 2022
Banking

Sri Lanka state private banks on watch for downgrade: Fitch

On heightened forex risks

April 13, 2022 4 min read
2

Sri Lanka CEB struggles to pay for coal, salaries amid tariff hike delay: report

State banks heavily exposed to energy utilities

March 29, 2022 2 min read
2

Sri Lanka opposition questions whether state bank delayed payment

Please look into this immediately

March 24, 2022 1 min read
2

Sri Lanka's LB Finance buys tiny Multi-Finance

A 64-pct stake for Rs400mn

March 16, 2022 1 min read
2
Sri Lanka's Bank of Ceylon downgraded to RD

We believe the foreign-currency funding and liquidity profile is highly stretched

Sri Lanka lifts price control on T-bills in key stability move

The controls had been in place from April 2020 and had had driven liquidity injections and reserve losses

September 16, 2021 3 min read

Sri Lanka finance companies hit by import controls: Fitch

The higher prices have supported loan recoveries from repossession in the near term but may expose firms to price falls

September 16, 2021 2 min read

Sri Lanka's LB Finance 'A-(lka)' rating confirmed

Finance companys face asset quality risks as bad loans rise

September 13, 2021 5 min read

Sri Lanka's Senkadagala Finance 'BBB+(lka)' rating confirmed, outlook stable

The firm had made provisions and reported lower than industry NPLs

September 12, 2021 4 min read

Sri Lanka central bank recognizes Lanka Rating Agency

Capital requirements are calculated on ratings

September 10, 2021 1 min read

Sri Lanka slaps 100-pct LC margin to discourage consumer imports amid money printing

Chocolates, spaghetti, apple juice, wine, oats, soya milk, dairy goods, lipsticks, carpets, coats anoraks

September 9, 2021 2 min read

Sri Lanka extends Coronavirus debt moratorium till December 31

Capital and interest to be rolled over T-Bill + 1

September 4, 2021 4 min read

Sri Lanka bank loans grow in July, CB credit soars in reserve appropriations

CB credit grown 318 billion rupees in July in record forex reserve losses

August 30, 2021 1 min read

Sri Lanka central bank orders 5.0-pct ceiling on foreign currency deposits

Special deposit accounts can pay a premium

August 25, 2021 4 min read

Sri Lanka credit cards can be used for foreign personal purchases not business: CB

No new forex regulations on credit cards

August 21, 2021 2 min read
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Latest Last
US Dollar 371.7757 371.7599
UK Pound 442.7119 438.8584
Euro 387.1945 385.3880
Aus Dollar 253.0234 251.0798
Yen 2.6686 2.6603
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.4818 4.4863
Korea Won 0.2748 0.2747
Oman Rial 944.1068 944.1068
Saudi Riyal 96.7270 96.7115
UAE Dirham 98.9627 98.9627
Source: Central Bank/Indicative
pts %
S&P SL20 2,464.20 -3.19%
CSE All Share 8,087.04 -2.47%
Turnover Rs million 1,626,658,918 1,576,314,848
Source: CSE
Latest Last
3-m bill 31.03 31.03
6-m bill 29.57 29.60
12-m bill 28.41 28.41
5-yr bond 27.49 27.57
8-yr bond 27.44 27.23
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's Hatton National Bank net up 124-pct

Exchange gains, net interest income drive profits

August 14, 2021 1 min read

Fee income helps boost Sri Lanka’s Nations Trust Bank June profits

Steep rise in fee income

August 12, 2021 2 min read

Sri Lanka's Commercial Bank net up 52-pct in June quarter

Net interest income up on falling interest costs

August 12, 2021 1 min read

Sri Lanka’s Seylan Bank profits up 70 percent in June

Net interest and fee income up

August 12, 2021 1 min read

DFCC Bank Sri Lanka net down 19 percent in June quarter

Bank makes makes provisions to cover uncertainties

August 12, 2021 2 min read

Sri Lanka private borrowings surge to Rs83bn in June, CB credit Rs124bn

Sri Lanka private credit in the first six months of the year was 414 billion rupees

August 9, 2021 2 min read

NDB Bank Sri Lanka net up 55-pct in June 2021 quarter

Gains in both fee and net interest income

July 29, 2021 2 min read

Sampath Bank merchants to get payments from Diners Club, Discover and Amex via Paycorp

Six payment networks integrated

July 25, 2021 1 min read

Sri Lanka's People's Bank 'AA- (lk)' rating confirmed with 'stable' outlook

Forex loans reduced

July 17, 2021 6 min read

Belgian-based BIO to take 10-pct stake in Sri Lanka's SDB Bank

To invest Rs924mn in 88 million share sale

July 12, 2021 2 min read
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