Notable
The transaction was supposed to conclude in early 2026
The scam marks one of the most sophisticated, long-running insider financial crimes in Sri Lanka's corporate history
Offers a comprehensive portfolio of banking and financial solutions for residents and non-residents operating within
Enhances the convenience and accessibility needed as more businesses and investors begin operating within Port City
Procurement of an enterprise data solution system as regulator seeks to strengthen its data management and analytics
Credit growth 26-pct over nine months
Credit grows 25-pct over 9 months
Expected to wrap up in early 2026
CB has indicated the current business models of these banks unsustainable
Credit to government down for second month
Motor vehicle LTV ratio cut to 50-pct
Lower provision for bad debt helps to boost bottom line in the quarter
Margin credit is also given by other market intermediaries
Sarvodaya Development Finance hosts the event in Sri Lanka
Expects to strengthen cross boarder links
| Latest | Last | |
|---|---|---|
| US Dollar | 332.3603 | 330.8514 |
| UK Pound | 440.9424 | 438.3450 |
| Euro | 368.4879 | 371.0168 |
| Yen | 2.0805 | 2.0916 |
| Aus Dollar | 227.4342 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5474 | 3.4202 |
| Korean Won | 0.2492 | 0.2479 |
| Oman Rial | 863.2287 | 859.3320 |
| Saudi Riyal | 88.5586 | 88.0955 |
| UAE Dirham | 90.4874 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,365.57 | +0.26% |
| CSE All Share | 22,157.40 | +0.56% |
| Turnover Rs | 2975.05 million | 1193.67 million |
| 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 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Domestic banks still had US$2.9bn in dollar balances with foreign banks
Credit to government falls
Personal loans grew by 25.3 percent
.
Non-executive director with effect from October 7
"There has been a sort of softening of monetary policy," Walker told reporters in Colombo
"Excessive taxation, currently at 53% for domestic banks and 65% for foreign banks, is described as a barrier
HSBC’s Corporate and Institutional Banking business in Sri Lanka is not impacted by this decision
We have financed recently some renewable projects with those kinds of batterie
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