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Friday November 13th, 2026
Banking

Sri Lanka signs World Bank $150 deposit insurance loan

The funds will come from the low-interest International Development Association window

February 2, 2024 1 min read

Sri Lanka's Commercial Bank eyes 20bn debenture sale

The bank is offering debentures at 100 rupees each, for tenures of 5 years, 7 years and 10 years.

January 31, 2024 1 min read

Sri Lanka CB warns against using personal bank accounts for business

CB considering legal action against registered limited liability companies using personal bank accounts for tax evasion

January 23, 2024 1 min read

Sri Lanka CB seeks explanation from banks which have not cut loan rates fast

"There are a lot of banks that have reduced, but not to the extent that we hoped. We are closely monitoring the banks"

January 23, 2024 1 min read

Sri Lanka's Pan Asia Bank profits surge in Dec on bad loan recovery

Net profits at Sri Lanka's Pan Asia Banking Corporation Plc (PABC) grew 58 percent to 726.8 million rupees in the Decemb...

February 20, 2020 2 min read

Sri Lanka's Hatton National Bank expects 12-14-pct credit growth in 2020

Sri Lanka's Hatton National Bank is expecting 12-14 percent loan growth in 2020 as the banking system recovers from a cr...

February 20, 2020 2 min read

Sri Lanka's NDB profits grow in Dec on lower income tax

Sri Lanka's NDB Bank said net profits for the December quarter grew 3.8 percent from a year earlier to 1.8 billion rupee...

February 19, 2020 2 min read

Sri Lanka banks trading at 10-yr low valuations: analysts

Sri Lankan banks are trading at a ten year low valuation, with upward pressure on performance after a challenging 2019, ...

February 18, 2020 3 min read

Sri Lanka's HNB Finance IPO oversubscribed

Sri Lanka's HNB Finance Limited, said it has received applications in excess of the 57 million rupees in shares the comp...

February 17, 2020 1 min read

Sri Lanka's central bank extends Pan Asia primary dealer ban for six months

Sri Lanka's central bank said it will extend the ban on the primary dealership arm of Pan Asia Banking Corporation (PABC...

February 17, 2020 1 min read

Sri Lanka's Bank of Ceylon, Mobitel team up to push digital mobile payments

Sri Lanka state-run Bank of Ceylon, Mobitel (Pvt) Ltd, a unit of Sri Lanka Telecom, said they have tied up to provide di...

Chanka Jayasinghe
February 16, 2020 2 min read

Sri Lanka bank profits to lift on SLDB tax relief

Domestic commercial banks which held dollar denominated bonds issued by the government of Sri Lanka will see higher prof...

Chandeepa Wettasinghe
February 14, 2020 3 min read

Sri Lanka's Sampath Bank pays big dividend after D-SIB rule change, net up in Dec

Sampath Bank, the third largest listed lender in Sri Lanka, said its profits for the December quarter grew 29.4 percent ...

February 14, 2020 2 min read

Sri Lanka warned against continuing interest price controls by IMF

Sri Lanka has been warned against continuing its controversial price controls on bank lending rates by the International...

February 10, 2020 3 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 bank credit, state borrowing surge in Dec 2019

Sri Lanka's credit from the banking system to the central government and state enterprises had surged in December, while...

February 5, 2020 2 min read

Sri Lanka banks met lending rate ceiling a week from 2019 deadline: Deputy Governor

All commercial banks operating in Sri Lanka had complied with ceiling rates set by the central bank for a December 2019...

January 30, 2020 1 min read

Sri Lanka extends deadline for SME debt moratorium

Sri Lanka's central bank will extend the deadline for a loan moratorium and new credit program for small and medium size...

January 30, 2020 2 min read

Sri Lanka banks had restructured 3.6-pct of loans, SME moratorium limited effect: Fitch

Sri Lanka's banks have already restructured some bad loans and a moratorium and credit support announced for small and m...

January 29, 2020 4 min read

Fitch cuts outlook on People's Bank, Commercial Bank and Serendib Finance

Fitch Ratings has revised the outlook on People's Bank (PB) Commercial Bank (CB) and Serendib Finance Limited to negativ...

January 23, 2020 5 min read

Fitch cuts outlooks for three banks following sovereign action

Ratings agency Fitch has revised the international (IRD) and national outlooks of Bank of Ceylon, National Savings Bank ...

January 22, 2020 8 min read

Fitch downgrades People's Leasing & Finance to A+(lka)

Ratings agency Fitch downgraded state-owned People's Leasing & Finance Plc (PLC) to a national long-term rating of ...

January 22, 2020 4 min read

Sri Lanka Inland Revenue says no debt repayment tax on banks from Jan

Sri Lana's Department of Inland Revenue has issued a notice saying a debt repayment levy, a new direct tax slapped on ba...

January 21, 2020 2 min read

Sri Lanka SME debt relief credit negative for banks: Moody's

A debt moratorium for Sri Lanka's small and medium enterprises is credit negative for banks and the sovereign, and may n...

January 20, 2020 2 min read

Sri Lanka central bank issues SME moratorium rules

Sri Lanka's central bank in a circular called on banks to provide a debt moratorium for small and medium scale enterpris...

January 14, 2020 2 min read