Notable
To help finance imports of food, medicine and fertilizer
Accumulated impairments rose to 33.5 billion rupees from 19.2 billion rupees.
Net interest income up
Triggered by the highest-ever increase in regulator policy rates within a 12 months' window
While credit to customers increased, investments in debt securities were down from a year ago
Sri Lanka banking sector faced a crisis after 2022 sovereign debt default
ECONOMYNEXT - Sri Lanka's banking sector is caught in a 'perfect storm' with margins expected to tighten due to weak cre...
Tighter accounting rules could result in Sri Lanka banks doubling provisioning for non-performing loans in 2018 which wi...
ECONOMYNEXT - Fitch Ratings said it has assigned Sri Lanka's Cargills Bank a 'BB(lka)' credit rating with a stable outlo...
ECONOMYNEXT - Fitch Ratings said it had confirmed a 'AAA(lka)' rating of Standard Chartered Bank Sri Lanka with a stable...
ECONOMYNEXT – Sri Lanka’s Nations Trust Bank (NTB) has for a syndicated loan of 50 million US dollars from...
ECONOMYNEXT- Banks should check the marketability and future potential of micro, small and medium enterprises (MSMEs) in...
A law to regulate microfinance and protect borrowers from predatory lending, is nearly ready, Finance Minister Mangala S...
ECONOMYNEXT – Sri Lanka’s Hatton National Bank (HNB) and Asian Development Bank (ADB) have struck a partne...
ECONOMYNEXT- Fitch Ratings said it was maintaining a negative outlook for the banking sector on rising non-performing lo...
ECONOMYNEXT - Fitch Ratings said it has assigned Sri Lanka's Serendib Finance a national long-term rating of A+(lka) des...
| 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 banks had loaned 46.5 billion rupees to private borrower in July down from 82.6 billion rupees a month earli...
Sri Lanka's state and private banks have approved 49.17 billion rupees of subsidieze credit to 22,957 persons under an E...
FriMi, a Sri Lankan mobile banking app, brought by a domestic commercial bank, is facing difficulties in digital innovat...
Subsidized credit made available under an 'Enterprise Sri Lanka' branded scheme to develop entrepreneurial culture is on...
ECONOMYNEXT – Hatton National Bank and Sampath Bank have struck a deal with the USAID Development Credit Authorit...
Sri Lanka is reviewing a proposal made earlier in the year to mandate real time alerts on banking transactions, Central ...
Non-performing loans in Sri Lanka's banks rose to 3.0 percent of assets in March 2018 from 2.7 percent a year earlier, t...
ECONOMYNEXT - Sri Lanka has prepared a National Cooperative Policy to modernise over 14,400 cooperatives around the coun...
Sri Lanka's central bank said compensation payments to depositors of Central Investments and Finance Ltd, a failed non-b...
State-run Bank of Ceylon had requested early repayment of a 12.9 billion rupee loan taken by SriLankan Airlines while th...
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
2 min read