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Friday November 13th, 2026
Banking

Sri Lanka banks may need Rs1.4trn in capital, govt to inject cash

Nine banks accounting for 90-pct of assets under the microscope

March 21, 2023 2 min read

Sri Lanka private de-leveraging hit new record in Jan 2023, driving BOP surplus

Private credit fall comes amid falling inflation and de-leveraging

March 13, 2023 2 min read

US banks shut amid Sri Lanka style mark-to-market losses after Powell inflationism

Silvergate Bank had exposure to crypto assets that bubbled during Fed money printing

March 11, 2023 3 min read

Sri Lanka to set up financial sector crisis committee

Changes are also planned to a Banking (Special Provisions) Act

March 8, 2023 1 min read

Sri Lanka to bring shareholder limits for non-bank lenders

Sri Lanka central bank is considering bringing shareholding limits to non-bank finance companies to improve governance, ...

January 4, 2019 1 min read

Sri Lanka to be 'brutal' on finance companies that lose capital

ECONOMYNEXT - Sri Lanka will act fast to resolve problems of finance companies that fall short of capital, Central Bank...

January 3, 2019 3 min read

Sri Lanka to tighten ownership limits in banks

Sri Lanka will tighten share ownership limits of Sri Lankan banks along with stricter qualifications for key management ...

January 2, 2019 2 min read

Fitch downgrades Sri Lanka financial institutions on sovereign rating cut

ECONOMYNEXT – Fitch Ratings said it has downgraded the ratings of Sri Lanka’s National Savings Bank, Bank ...

December 5, 2018 7 min read

Poor financial literacy in Sri Lanka helping scammers

Ignorance about risks and a focus on rewards only making it easy for people to fall victim for scammers despite having h...

December 5, 2018 2 min read

Sri Lanka to pay compensation to Standard Credit Finance depositors

ECONOMYNEXT –Sri Lanka’s banking regulator said it would pay compensation to depositors of Standard Credit...

December 5, 2018 1 min read

Sri Lanka's NSB, PLC downgraded to 'B' on political crisis, falling rupee

Sri Lanka's state-run National Savings Bank and People's Leasing has been downgraded to 'B' from 'B+' by Standard and Po...

December 5, 2018 8 min read

Fitch maintains negative outlook for Sri Lankan banks

ECONOMYNEXT – Fitch Ratings has maintained its negative outlook for Sri Lankan banks, saying the macroeconomic fa...

December 4, 2018 3 min read

Sri Lanka's Dialog Finance loses Rs39mn in Sept quarter

ECONOMYNEXT – Dialog Finance , the fin-tech unit of Sri Lanka’s top mobile phone operator Dialog Axiata, l...

November 21, 2018 2 min read

Sri Lanka private credit surges in Sept amid liquidity injections

Sri Lanka's private credit surged 107.3 billion rupees, up from 46 billion rupees a month earlier, as central bank injec...

November 19, 2018 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Source: Central Bank/Indicative
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
Source: Central Bank/Indicative
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
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's Hatton National Bank Sept net up 17-pct

ECONOMYNEXT - Profits at Sri Lanka's Hatton National Bank grew 17 percent from a year earlier to 4.8 billion rupees in t...

November 15, 2018 2 min read

Sri Lanka's Commercial Bank Sept net up 25-pct on forex gains, better margins

ECONOMYNEXT - Profits at listed Commercial Bank of Ceylon Plc grew 24.5 percent from a year earlier to 5.1 billion rupee...

November 14, 2018 2 min read

Sri Lanka’s FIU, Motor Traffic dept to share money laundering intelligence

ECONOMYNEXT – Sri Lanka’s Financial Intelligence Unit (FIU) said it has signed an agreement with the Depar...

November 13, 2018 1 min read

Taxes, impairments wipe out Sri Lanka’s Cargills Bank Sept quarter profits

ECONOMYNEXT – Sri Lanka’s Cargills Bank reported net profit slumped to less than a million rupees in the S...

November 9, 2018 3 min read

Sri Lanka’s central bank gets new deputy governors

ECONOMYNEXT – The Monetary Board of Sri Lanka's Central Bank has promoted Assistant Governors S R Attygalle and H...

November 7, 2018 2 min read

Sri Lanka's Nations Trust Bank Sept net down 3-pct

Profits at Sri Lanka's Nations Trust Bank Plc grew a marginal 3 percent from a year earlier to 1 billion rupees in the S...

November 2, 2018 3 min read

Sri Lanka's DFCC Bank Sep net up 90-pct on capital gain

Profits at Sri Lanka's listed DFCC Bank Plc rose 90 percent from a year earlier to 810.8 million rupees in the September...

November 2, 2018 3 min read

Higher taxes discourage foreign investments in Sri Lankan banks: Com Bank chief

ECONOMYNEXT –Sri Lanka's banks are easy targets for higher taxes which is hurting profitability and discouraging ...

November 1, 2018 3 min read

Sri Lanka's Pan Asia Bank Sep net down 13-pct

Profits at Sri Lanka's listed Pan Asia Bank fell 13 percent from a year earlier to 260.7 million rupees in the September...

November 1, 2018 2 min read

Sri Lanka bank NPLs highest in tourism

Non-performing loans in Sri Lanka's banks, which are below recent and historic highs, were highest in tourism, a sector ...

November 1, 2018 2 min read