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Friday November 13th, 2026
Banking

Sri Lanka's People's bank 'A(lka)' rating confirmed with negative watch: Fitch

Fitch Ratings has maintained the Rating Watch Negative (RWN) on the 'A(lka)' National Long-Term Rating of People's Bank

June 14, 2023 5 min read

Sri Lanka's Hatton National Bank 'A(lka)' rating confirmed with negative watch: Fitch

Fitch has also maintained HNB's senior and subordinated debt ratings of 'A(lka)' and 'BBB+(lka)', respectively, on RWN.

June 14, 2023 6 min read

Sri Lanka's Commercial Bank 'A(lka)' rating confirmed with negative watch

Fitch Maintains Commercial Bank of Ceylon's 'A(lka)' National Rating on Watch Negative

June 14, 2023 5 min read

Sri Lanka's People's Bank says boosting liquidity, managing high rates environment

Our primary focus has, and continues to be, on further bolstering our liquidity

May 31, 2023 2 min read
Sri Lanka's Union Assurance, Sampath Bank in bancassurance partnership

Long-term referral bancassurance partnership for life insurance products

Fitch Ratings upgrades Seylan Bank's national rating to A+(lka)

The two-notch upgrade is part of Fitch Rating's recalibration of the Sri Lankan national rating scale following the sove

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
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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 mulls possible relief for leased vehicles used in tourism

Sri Lanka is considering a request made to give debt relief for owners of leased vehicles used in tourism, State Ministe...

May 10, 2019 1 min read

Sri Lanka's Rs53B deposit insurance fund grows 7-pct in 2018

ECONOMYNEXT - Sri Lanka's Central Bank said a deposit insurance fund it manages has grown 7 percent from a year earlier ...

May 3, 2019 2 min read

Sri Lanka ETI directors' assets being sold to repay depositors: Central Bank

ECONOMYNEXT – Assets of directors of ETI Finance Ltd. (ETIF) are being sold to repay depositors, with 20 percent ...

May 2, 2019 2 min read

Sri Lanka details price controls on bank deposits up to June 30

Sri Lanka's Central Bank has set interest ceilings for bank deposits for the quarter ending June 30, on a base rates for...

April 30, 2019 2 min read

Sri Lankan banks cut deposit rates

ECONOMYNEXT - Sri Lanka's listed private banks have reduced deposit rates after the Central Bank directed banks and fina...

Tania Madies
April 29, 2019 2 min read

Sri Lanka's NTB to get IFC backed US$50mn syndicated loan

Washington-based International Finance Corporation said it is planning to syndicate a 50 million US dollar loan for Sri ...

April 20, 2019 1 min read

Sri Lanka private credit barely grows in Feb 2019, currency peg strong

Sri Lanka's private credit barely grew in February 2019, though no longer contracting like in January 2019, while new cr...

April 16, 2019 5 min read

Sri Lanka Central Bank launches Sustainable Finance Roadmap

Sri Lanka's Central Bank has launched a Sustainable Finance Roadmap with support from the International Finance Corporat...

April 11, 2019 2 min read

Sri Lanka predatory lenders abuse financial ignorance of people

ECONOMYNEXT – Sri Lanka’s unregulated financial institutions thrive on the financial ignorance of the peop...

Mahadiya Hamza
April 10, 2019 2 min read

Sri Lanka to offer leeway on new regulations for small banks, finance companies

Sri Lanka's central bank is offering breathing space for small and medium sized banks and non-bank finance companies to ...

April 9, 2019 2 min read