Notable
Credit contraction partly helped by rupee gain
Rating watch negative still remains
They had already provided up to 35 percent
We anticipate that a focused approach to strengthen key sectors
Fitch rates the proposed Basel III Tier 2 notes two notches below the bank's National Long-Term Rating.
Profits at Sri Lanka's DFCC Bank group fell 20 percent to 271 million rupees in the June 2019 quarter from a year earlie...
Profits at Sri Lanka's Seylan Bank Plc group fell 11.3 percent from a year earlier to 547 million rupees in the June 201...
NDBIB has been named the best investment bank in Sri Lanka by Euromoney, a financial magazine for the eight time, the fi...
Profits at Sri Lanka's Union Bank of Colombo (UBC) group grew 53 percent to 205 million rupees helped by a tax provision...
ECONOMYNEXT – Sri Lanka’s central bank said it will take further appropriate measures to ensure lending ra...
Sri Lanka's Prime Minister Ranil Wickremesinghe has said that lending rates will fall to 10 percent by end July 2019, an...
Sri Lanka's credit to private borrowers contracted 2.5 billion rupees in May to 5,541.8 billion rupees, after a 43.4 bil...
Fitch Ratings Lanka said it had downgraded the rating of Bimputh Finance Plc, a non-micro-lender, to 'BB-(lka)' from 'BB...
Sri Lanka's banks should lower the average lending rate by 200 basis points to avoid ceilings on lending rates Central B...
Sri Lanka's central bank on Friday ordered a cut of 1.71 percent on 3-month deposits under its controversial price contr...
| 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 | - | - |
ECONOMYNEXT- Sri Lanka's small and mid-sized banks (SMBs) are facing higher pressure due to thin capital buffers and hig...
Bad loans at Sri Lanka's banks had risen 64 percent in the first quarter of 2019, the worst since 2013 when gold-backed ...
Sri Lanka has started a national payment card which will settle domestic and international transaction partnering with J...
ICRA Lanka Limited has given a rating of [SL] AAA with a stable outlook to state-run National Savings Bank backed by gov...
ECONOMYNEXT – Sri Lankan banks and private sector are still too cautious and not changed attitudes to reflect mod...
Manila-based Asian Development Bank said it loan 50 million dollars to state-run Regional Development Bank in Sri Lanka ...
Bad loans in Sri Lanka's listed banks have surged in the first quarter of 2019, as the credit system emerged from moneta...
ECONOMYNEXT – Sri Lanka’s Sanasa Development Bank (SDB) has bought the UPay mobile payment platform for 20...
Sri Lanka's average prime lending rate has dropped 38 basis points in the week to June 07, the central bank data showed,...
Sri Lanka's central bank may consider further steps to reduce perceptions of conflicts of interest in bank regulation an...
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