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Friday November 13th, 2026
Banking

Kevin Green to head HSBC wholesale banking in Sri Lanka, Maldives

To support firms expanding internationally

November 30, 2022 1 min read

Sri Lanka bank resolution framework cleared by cabinet

To come as Banking (Special Provisions) Act

November 22, 2022 1 min read

Sri Lanka banks facing challenges in current crisis as bad loans spike: Central Bank

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November 10, 2022 2 min read

Sri Lanka to give cut-price loans to small and micro firms hit by crisis

For firms in agriculture, exports and and tourism

October 31, 2022 1 min read
Sri Lanka central bank issues directions on corporate governance

At least half the directors shall be non-executive

Sri Lanka trade and banking groups team up to strengthen private sector financing

"A key outcome aimed for through the MoU is to enable greater access for financing for Sri Lanka’s private sector

Merchant Bank of Sri Lanka CEO interdicted

ECONOMYNEXT - Merchant Bank of Sri Lanka and Finance (MBSL) said its chief executive D.M.N.P. Karunapala had been interd...

June 5, 2018 1 min read

Sri Lanka's HNB syndicates R9bn loan for waste-to-energy plant

Sri Lanka's Hatton National Bank said it had syndicated 9.0 billion rupee loan for Western Power Company, a waste-to-ene...

June 3, 2018 1 min read

Sri Lanka state banks most in need capital for Basel III, new risk identified

Sri Lanka's large banks need 19 billion rupees more to meet Basel III capital adequacy in 2019, with state banks account...

May 30, 2018 1 min read

Sri Lanka's ETI Finance able to settle small depositors if liquidated

Small depositors of Sri Lanka's ETI Finance who are owed up to 600,000 rupees could be repaid if the firm is liquidated ...

May 25, 2018 5 min read

Singapore's Blue Summit Capital to buy Sri Lanka's ETI Finance assets

Blue Summit Capital Pte Ltd, a Singapore based investment company is buying assets of Sri Lanka's troubled non-bank lend...

May 24, 2018 1 min read

Sri Lanka ETI to make interim payment to depositors: Central Bank

Sri Lanka's troubled ETI Finance Limited has been ordered to make an interim repayments of 10 percent of deposits amount...

May 21, 2018 1 min read

IFC to fund Sri Lanka's NDB with Rs7.9bn for agribusiness

Washington-based International Finance Corporation (IFC), is to provide 5-year 50 million US dollar equivalent (about 7....

May 18, 2018 1 min read

Commercial, Sampath among banks to run counters at Sri Lanka airport

Commercial Bank of Ceylon, Sampath Bank state-run Bank of Ceylon, People's Bank, Thomas Cook Lanka Pvt Ltd have been lic...

May 16, 2018 1 min read

Sri Lanka adds bribery, inland revenues bosses to anti-money laundering initiative

Sri Lanka has added new agencies to a coordinated effort to counter money laundering and terrorist financing by adding n...

May 16, 2018 1 min read

Sri Lanka's Commercial Bank net up 13.64-pct in March 2018

Profits at Sri Lanka's Commercial Bank of Ceylon Plc rose 13.6 percent to 4,340 million rupees, helped by an expanding l...

May 16, 2018 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 332.3603 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 People's Leasing March net up 90-pct

Profits at Sri Lanka's People's Leasing Plc, the island's largest non-bank lender rose 90 percent from a year ago to 2,0...

May 15, 2018 1 min read

Sri Lanka's Hatton National Bank March 2018 net up 21-pct

Profits at Sri Lanka's Hatton National Bank group which includes an insurer grew 21 percent to 4.62 billion rupees, with...

May 15, 2018 2 min read

Sri Lanka central bank's fintech sandbox earns praise

ECONOMYNEXT – A top economist and ex-Central Bank official has praised a move by Sri Lanka's financial sector reg...

May 14, 2018 2 min read

Sri Lanka ETI Finance assets sale awaiting legal clearance: CB Governor

An assets sale that will bring cash into Sri Lanka's troubled ETI Finance is awaiting legal clearance, Central Bank Gove...

May 12, 2018 1 min read

Sri Lanka's NDB Bank March 2018 quarter profits up 56-pct

ECONOMYNEXT - Profits at Sri Lanka's NDB Bank grew 56 percent from a year earlier to 1.2 billion rupees in the March 201...

May 11, 2018 2 min read

Sri Lanka lifts withholding tax from children's bank accounts

Sri Lanka has decided to lift withholding tax from minor's bank accounts until they are 18 years, Finance Minister Manga...

May 10, 2018 1 min read

Sri Lanka's Sampath Bank March 2018 quarter net profit up 41.4-pct

ECONOMYNEXT - Profits at Sri Lanka's Sampath Bank increased 41.4 percent from a year earlier to 3.3 billion rupees in th...

May 4, 2018 2 min read

Sri Lanka's Standard Chartered gearing up for business from China firms

Sri Lanka's Standard Chartered Bank is gearing up for more business from Chinese companies as mainland customers set up ...

May 4, 2018 2 min read

Sri Lanka's Union Bank March 2018 net up 37-pct

Profits at Sri Lanka's Union Bank grew 37 percent from a year earlier to 130.2 million rupees in the March 2018 quarter,...

May 1, 2018 2 min read

Sri Lanka DFCC March 2018 net down 15-pct

Profits at Sri Lanka's DFCC Bank fell 15 percent from a year earlier to 1.07 billion rupees in the March 2018 quarter, o...

May 1, 2018 1 min read