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Friday November 13th, 2026
Banking

Sri Lanka's CoPF summons CB, banks, EPF over DDR

On Friday 30 we will meet again together to resolve outstanding issues

June 28, 2023 1 min read

Sri Lanka banks to operate normally as DDO goes through parliament: CB Governor

Deposits not harmed

June 26, 2023 1 min read

Sri Lanka banks call for insolvency regime, discussions as bad loans rise

Complacency that capital and liquidity measures currently exceed regulatory minimum criteria is a false comfort

June 19, 2023 5 min read

Sri Lanka's Lankapay and Nepal's Fonpay link up for cross-border payments

Enables mobile QR based payments in Sri Lanka and Nepal

June 16, 2023 1 min read
Sri Lanka’s DFCC’s Acuity stake disposal gives limited capital boost: Fitch

Divestment of its 50% stake in Acuity Partners is unlikely to result in a material improvement in its regulatory capital

Sri Lanka private credit surge in December 2024 amid 'abundant reserves': analysis

Out of the 789 billion rupees of annual private credit, 583 billion rupees came in the last five month of the year.

Small, mid-sized Sri Lankan banks under pressure with thin capital, high risk: Fitch

ECONOMYNEXT- Sri Lanka's small and mid-sized banks (SMBs) are facing higher pressure due to thin capital buffers and hig...

June 28, 2019 3 min read

Sri Lanka bank bad loans rise 64-pct in 1Q 2019: Fitch

Bad loans at Sri Lanka's banks had risen 64 percent in the first quarter of 2019, the worst since 2013 when gold-backed ...

June 27, 2019 2 min read

Sri Lanka starts its own payment card to cut costs

Sri Lanka has started a national payment card which will settle domestic and international transaction partnering with J...

June 25, 2019 2 min read

National Savings Bank Sri Lanka rated [Sl] AAA by ICRA

ICRA Lanka Limited has given a rating of [SL] AAA with a stable outlook to state-run National Savings Bank backed by gov...

June 24, 2019 8 min read

Sri Lankan banks too risk-averse, regulator says

ECONOMYNEXT – Sri Lankan banks and private sector are still too cautious and not changed attitudes to reflect mod...

June 20, 2019 1 min read

ADB to re-finance Sri Lanka's Regional Development Bank micro loans

Manila-based Asian Development Bank said it loan 50 million dollars to state-run Regional Development Bank in Sri Lanka ...

June 15, 2019 2 min read

Bad loans at banks in Sri Lanka surge after 2018 monetary instability

Bad loans in Sri Lanka's listed banks have surged in the first quarter of 2019, as the credit system emerged from moneta...

June 14, 2019 4 min read

Sanasa Development Bank buys Sri Lanka mobile payment start-up Upay

ECONOMYNEXT – Sri Lanka’s Sanasa Development Bank (SDB) has bought the UPay mobile payment platform for 20...

June 10, 2019 1 min read

Prime lending rate in Sri Lanka drops 38-bp in a week

Sri Lanka's average prime lending rate has dropped 38 basis points in the week to June 07, the central bank data showed,...

June 10, 2019 3 min read

Sri Lanka CB may build Chinese wall between EPF and bank supervision

Sri Lanka's central bank may consider further steps to reduce perceptions of conflicts of interest in bank regulation an...

Chandeepa Wettasinghe
June 6, 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

Global terror finance watchdog delays Sri Lanka exam after Islamist attacks

ECONOMYNEXT- The Financial Action Task Force, the global policy setter on anti-money laundering and anti-terrorism finan...

June 3, 2019 1 min read

Sri Lanka govt widens low interest loan schemes

ECONOMYNEXT – The Sri Lankan government has widened a credit scheme at subsidized interest rates to promote entre...

May 31, 2019 2 min read

Sri Lanka PABC net down 13-pct in March; loans contract

Profits at Sri Lanka's Pan Asia Bank fell 13 percent from a year earlier to 272 million rupees in the March 2019 quarter...

May 20, 2019 1 min read

Sri Lanka mulls 25-pct ownership limit in finance companies

Sri Lanka's central bank will be introducing a 25 percent ownership limit in licensed finance companies (LFCs) following...

May 17, 2019 2 min read

Sri Lanka Bank of Ceylon net down 12-pct in March; balance sheet shrinks

Profits at Sri Lanka's state-run Bank of Ceylon, the country's largest commercial bank fell 12 percent in the March 2019...

May 16, 2019 1 min read

Sri Lanka's Sampath Bank profits down 24-pct; balance sheet contracts

Profits at Sri Lanka's Sampath Bank fell 24.6 percent to 2.11 billion rupees in the March 2019 quarter from a year earli...

May 15, 2019 1 min read

Sri Lanka's HNB profits down 55-pct in March, credit flat

Profits at Sri Lanka's Hatton National Bank fell 55 percent to 1.94 billion rupees in the March 2019 quarter from a year...

May 15, 2019 2 min read

Sri Lanka regulator extends curbs on The Finance Co

ECONOMYNEXT - Sri Lanka's Central Bank said it will extend a ban preventing The Finance Company (TFC), a troubled non-ba...

May 15, 2019 1 min read

Sri Lanka's Commercial Bank net down 23-pct; loans contract

Profits at Commercial Bank of Ceylon, Sri Lanka's largest privately held bank, fell 23 percent to 3.129 billion rupees i...

May 15, 2019 2 min read

Sri Lanka private credit weak in March

Loans to the private borrowers from commercial bank in Sri Lanka picked was 23 billion rupees in March 2019, sharply bel...

May 13, 2019 2 min read