Notable
Sri Lanka’s DFCC Bank has reported profits of 2.1 billion rupees for the March 2023 quarter
A key objective of the central bank is maintaining financial sector stability
An overall debt restructuring plan is due to be announced later in in May
Welfare Benefit Payment Scheme under the Welfare Benefit Act will be taken up on May 12
Profits up and banks pay Rs105bn as income tax to the government
Defaulted loans between 25 to 50 million given till September to restructure loans
ECONOMYNEXT – Mastercard said it was offering Sri Lankan cardholders a range of discounts at top hospitals in Asi...
ECONOMYNEXT - Sri Lankan banks have seen a surge in provisioning for bad loans with the adoption of a new accounting ru...
ECONOMYNEXT - Sri Lanka’s non-bank finance companies will face pressure on asset quality and profitability in the...
ECONOMYNEXT – Sri Lanka’s 2019 government budget will offer a host of subsidised loans to beneficiaries ra...
Sri Lankan banks have exceeded lending targets for micro, small and medium scale enterprises (MSMEs) under programs with...
Profits at Sri Lanka's Seylan Bank Plc in the December 2018 quarter was wiped out by a one-off provision for retirement ...
Sri Lanka's The Finance Company Plc, a troubled non-bank lender which was slapped with a cease-and-desist order by the r...
Cargills Food City supermarkets and Cargills Bank branches will accept payment for Sri Lankan airlines tickets booked on...
Fitch Ratings has downgraded state-run National Savings Bank to 'AA+(lka)' from 'AAA(lka)' following a downgrade of the ...
Sri Lanka has been placed on a new European Union list of high risk countries where bank have to exercise extra due dili...
| 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 | - | - |
Sri Lanka's Central Bank said The Finance Company, a troubled non-banker lender which got into difficulties in 2008, wil...
Sri Lanka's Sampath Bank said its net profits for the December 2018 quarter fell 31.8 percent to 2.7 billion rupees from...
Sri Lanka is bringing laws to regulate micro-finance which are behaving like loan sharks giving loans to people who cann...
ECONOMYNEXT - Fitch Ratings said it was cutting the outlook on Sri Lanka's 'A (lka)' rated National Development Bank to ...
Sri Lanka's state-run Bank of Ceylon said Ronald C Perera was re-appointed as Chairman.
Sri Lanka's banks are expected to borrow more from foreign markets, which could lower profitability due to bigger hits f...
Sri Lanka's National Development Bank Plc (NDB) net profits in the December quarter grew 74.4 percent to 1.7 billion rup...
Sri Lanka's Central Bank said it did not select a buyer for the assets of troubled ETI Finance Ltd, but only made the se...
Users of automatic teller machines have been asked by the central bank to only use cards with embedded microchips to avo...
ECONOMYNEXT- Sri Lankan banks have high credit risks due to slow economic growth, high credit growth and lax lending sta...
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