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Friday November 13th, 2026
Banking

Sri Lanka's Bank of Ceylon to raise 5bn through debenture issue

Bank of Ceylon plans to issue BASEL III compliant debentures with non-viability write down features, to raise 5bn rupees

December 15, 2023 2 min read

Sri Lanka CB committed to ending interest controls ASAP: IMF report

The CBSL is committed to eliminating the interest rate caps as soon as possible

December 13, 2023 2 min read

Sri Lanka to strengthen deposit insurance with World Bank funds

The World Bank will provide 150 million US dollars as a loan for Sri Lanka's deposit insurance scheme

December 6, 2023 1 min read

Sri Lanka banks seek exceptions on single borrower limits for dollar placements

Banks have seen a sharp reversal in net foreign assets over the past year

December 6, 2023 3 min read
Sri Lanka bank bad loans start to ease, profitability up

The 2024 last quarter also saw ISB restructuring which boosted profits

Asia Pacific anti-money laundering top brass visit Sri Lanka

The delegation engaged with local authorities to discuss Sri Lanka’s preparedness

Sri Lanka's NDBIB arranges US$12mn credit for Maldives fuel distributor

Sri Lanka's NDB Investment Bank said it arranged a 12 million dollar credit for The Hawks Private Limited, an importer a...

December 19, 2019 1 min read

Sri Lanka to set up national development bank for subsidized credit

Sri Lanka will set up a 'national development bank' to give long term subsidized credit to construction, agriculture an...

December 16, 2019 2 min read

Sri Lanka bad loans expected to fall after tax cuts: HNB

Sri Lanka's banking sector bad loans are expected to move downwards in 2020 due to the government fiscal stimulus packag...

December 10, 2019 2 min read

Singhe Capital Investment buys control of Sri Lanka's Sinhaputhra Finance

Sinha Capital Investment (Pvt) Ltd, an investment firm led by a consortium of individual investors had bought control of...

December 5, 2019 2 min read

Sri Lanka SOE credit up in October, private credit moderate

Sri Lanka's private credit grew 26.5 billion rupees in October 2019 down from 53.7 billion rupees a month earlier and ...

December 2, 2019 2 min read

Sri Lanka to replace CRIB defaulter list with scoring system

Sri Lanka will reform the Credit Information Bureau listing on bad debtors with a scoring system for lenders to take dec...

November 30, 2019 1 min read

Mahinda meets Sri Lanka banks on debt relief, proposal in a week

Prime Minister Mahinda Rajapaksa who is also Finance Minister has met top executives of Sri Lanka's banks to discuss gi...

November 29, 2019 1 min read

Sri Lanka regulator disputes reports of investor interest in The Finance Co. banking license

Sri Lanka’s Central Bank has called out reports that The Finance Company was in talks with three investors keen to acq...

November 27, 2019 3 min read

Sri Lanka subsidized credit schemes under review

Sri Lanka is reviewing subsidized credit schemes targeting small and medium entrepreneurs, are expected to resume after ...

November 27, 2019 1 min read

Three investors keen on Sri Lanka's The Finance Co. banking licence

Sri Lanka’s The Finance Company has appealed against a central bank decision to cancel its licence, saying it was in t...

November 26, 2019 2 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 to revise criteria for systemically important banks

Sri Lanka is in the process of revising criteria to designate systemically important banks, and not all banks that exce...

November 22, 2019 2 min read

Sri Lanka warns of bank data theft from online 'easy loan' scams

Sri Lanka's central bank has warned the public to be vigilant of online scams usually done through offers of easy loan s...

November 21, 2019 3 min read

Sri Lanka's Commercial Bank Sept net up on operating income, lower bad loan provisions

Net profits at Sri Lanka's largest listed lender Commercial Bank for the September quarter grew 21.8 percent from a year...

November 15, 2019 2 min read

Sri Lanka DFCC Bank net up in Sept quarter

Profits of Sri Lanka's DFCC Bank group grew 76 percent to 835 million rupees in the September 2019 quarter from a year e...

November 15, 2019 1 min read

Sri Lanka’s NDB Sept quarter net profit flat at Rs1.1bn

Profits at Sri Lanka’s National Development Bank (NDB) were almost flat at 1.1 billion rupees in the September 2019 qu...

November 14, 2019 2 min read

Sri Lanka Finance and Leasing firm ratings under pressure: Fitch

The ratings of finance and leasing companies will face downward pressure amid a slowing economy and rising bad loans, Fi...

November 14, 2019 2 min read

Sri Lanka's private credit up in September 2019

Sri Lanka's private credit grew 53.7 billion rupees in September 2019, with the central bank printing 23.9 billion rupee...

November 13, 2019 2 min read

Taxes hit Sri Lanka's Sampath Bank Sept profits

Net profits at Sri Lanka's Sampath Bank for the September quarter fell 0.7 percent to 2.6 billion rupees with taxes eati...

November 8, 2019 2 min read

HSBC digital trade banking offers early payment for Sri Lanka suppliers

HSBC is offering a web-based supply chain finance platform initially targeting Sri Lanka apparel exporters that the ban...

November 7, 2019 2 min read

Sri Lanka's Pan Asia bank profits grow in Sept with lower bad loan provisions

Net profits at Sri Lanka's Pan Asia Banking Corporation (PABC) for the September quarter grew 4 percent from a year earl...

November 6, 2019 2 min read