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Friday November 13th, 2026
Banking

Sri Lanka to give 12-pct subsidized loans for small millers to buy paddy

The loan will have to be repaid in 180 days.

September 3, 2023 1 min read

Sri Lanka banks covered larger part of SLDB exposure: CB Governor

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August 25, 2023 2 min read

Sri Lanka central bank may tighten price controls further if rates don't fall faster

In the first set of controls, ceilings would be imposed on selected credit products

August 24, 2023 2 min read

Bangladesh expects Sri Lanka to repay US$200mn swap by September: report

Bangladesh expects the next installment within two weeks, the newspaper said.

August 22, 2023 2 min read

Sri Lanka's NSB, Bank of Ceylon, People's ratings confirmed by Fitch; outlooks stable

Fitch Ratings said it is confirming ratings of state-run National Savings Bank, Bank of Ceylon and People's Bank with st...

September 3, 2019 5 min read

Sri Lanka's Union Bank in talks with investors for funding UB Finance

Sri Lanka's Union Bank of Colombo Plc, said that it is in talks with potential investors for 'strategic options' for its...

September 3, 2019 2 min read

Sinhaputhra Finance in talks with investors after Sri Lanka regulatory warning

The European Union has called for minority protection, addressing hate speech and an end to the death penalty as a deleg...

September 2, 2019 1 min read
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Sri Lanka bank profitability under pressure: Moody’s

Sri Lankan banks’ profitability is under pressure with an uptick in bad loans, Moody’s rating agency said in a new r...

August 30, 2019 2 min read

ADB's We-Fi grant empowering women in Sri Lanka

Over 3,000 persons have benefited from the second phase of the Asian Development Bank's (ADB) small and medium-sized ent...

August 28, 2019 3 min read

Sri Lanka plans complex price controls on bank loans

Sri Lanka's central bank is planning to impose complex price controls on individual banks, as lending rates are not fall...

August 26, 2019 2 min read

Sri Lanka promises price controls if bank lending rates do not fall

Sri Lanka will slap price controls on lending if rates do not fall quickly, Central Bank Governor Indrajit Coomaraswamy ...

August 23, 2019 1 min read

India's Mahindra Finance acquires Sri Lanka's Ideal Finance for Rs.2bn

India's Mahindra Finance has invested 2 billion rupees in equity in Sri Lanka's capital short Ideal Finance Limited to a...

August 20, 2019 3 min read

Bad debt, interest costs bite into Sri Lanka' Nations Trust Bank June profits

Net profits at Sri Lanka's Nations Trust Bank for the June quarter fell 32 percent to 641.2 million rupees from a year e...

August 16, 2019 2 min read

Sri Lanka PABC bank primary dealership ban extended further

Sri Lanka's central bank has extended by another six months a ban on Pan Asia Banking Corporation's (PABC) primary deale...

August 15, 2019 1 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 Commercial Bank June profits fall with higher interest costs, bad debt

Net profits at Commercial Bank Plc, Sri Lanka's largest listed lender fell 10.73 percent to 3.5 billion rupees in the Ju...

August 15, 2019 2 min read

Sri Lanka central bank to survey household creditworthiness

An islandwide survey will be conducted to measure the creditworthiness of Sri Lankan households, the central bank said.

August 15, 2019 2 min read

Sri Lanka's National Development Bank net down 29-pct

Profits at Sri Lanka's National Development Bank group fell 29 percent to 781 million rupees in the June 2019 quarter fr...

August 14, 2019 2 min read

Sri Lanka's HNB profits down 15-pct in June quarter

Profits at Sri Lanka's Hatton National Bank group, which includes a insurer fell 15 percent to 2.97 billion rupees in th...

August 13, 2019 2 min read

Sri Lanka's private and state credit surge in June

Credit to Sri Lanka's private borrowers had surged in June, after contracting the for two months in a row, official data...

August 13, 2019 2 min read

Sri Lanka's Pan Asia Bank profits down 5-pct in June

Profits at Sri Lanka's Pan Asia Bank fell 5 percent to 481 million rupees in the June 2019 quarter from a year earlier, ...

August 11, 2019 2 min read

Sri Lanka's Sampath Bank net down 39-pct as bad loans bite

Profits at Sri Lanka's Sampath Bank Plc fell 39 percent to 2.06 billion rupees in the June 2019 quarter from a year earl...

August 9, 2019 2 min read

Ideal Finance deposit taking restricted by Sri Lanka regulator

The central bank has limited deposit taking at Ideal Finance after the firm failed to meet a 1.5 billion rupee capital r...

August 7, 2019 4 min read

Sri Lanka's HDFC gets Rs250m capital injection from tax-payers

Sri Lanka's HDFC Bank, a publicly traded mortgage lender with the state as main shareholder said it has received a 250 m...

August 4, 2019 1 min read

Sri Lanka's People's Leasing profit down 38-pct on bad loans

Profits at Sri Lanka's Peoples Leasing and Finance Plc fell 38 percent to 713 million rupees in the June 2019 quarter fr...

August 1, 2019 1 min read