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Friday November 13th, 2026
Banking

Sri Lanka banks cut foreign borrowings, see more deposit dollarization

Under monetary instability it is not just ISBs that went up but also bank dollar borrowings

July 24, 2022 4 min read

Sri Lanka private credit tumbles in May, state credit also falls

Govt credit also moderates amid credit line

July 3, 2022 3 min read

Sri Lanka's Bank of Ceylon downgraded to RD

We believe the foreign-currency funding and liquidity profile is highly stretched

June 27, 2022 8 min read

HSBC Group MD visits Sri Lanka to offer support

Rosha had met with key clients of the bank and discussed their challenges

June 19, 2022 1 min read
Sri Lanka’s Bank of Ceylon raises Rs15bn in debenture issue

The debentures were issued at 100 rupees each to raise 5 billion, with an option to issue a further tranches

Sri Lanka unit of MCB Bank rated 'AA-(lka)' by Fitch, outlook stable

Fitch Ratings has assigned MCB Bank Limited - Sri Lanka Branch (MCBSL) a first-time National Long-Term Rating of 'AA-(lk

Goldman Sachs, IFC to close credit gap for Sri Lanka's businesswomen

Goldman Sachs, a New York based global investment bank, and IFC, the private sector arm of the World Bank, is loaning Sr...

April 5, 2018 2 min read

Explaining the hole in Sri Lanka's ETI Finance balance sheet

Overexposure to gold-backed lending made matters worse for the subprime lender struggling with the complexities of being...

Devan Daniel
April 5, 2018 13 min read

Sri Lanka regulator approves ETI asset sale

Sri Lanka's central bank has approved the sale of assets by troubled Edirisinghe Trust Investment Finance group to shore...

April 5, 2018 1 min read

Sri Lanka bank regulator ready to reconsider term limits for directors

ECONOMYNEXT – Sri Lanka’s banking regulator is willing to be flexible and consider changing term limits fo...

March 30, 2018 1 min read

Sri Lanka central bank to continue accepting defaced currency notes

ECONOMYNEXT – Sri Lanka’s central bank said it will continue to accept defaced currency notes and exchange...

March 29, 2018 2 min read

Sri Lanka's LOLC to continue growth path after Orix exit: Official

Sri Lanka's LOLC group will continue its growth path after the exit of Japan's Orix, which had a 30 percent stake, Group...

March 28, 2018 1 min read

Sri Lanka bank risk management culture under scrutiny

ECONOMYNEXT – Sri Lanka’s banking regulator is keeping a close watch on the risk management culture of fin...

March 28, 2018 2 min read

Sri Lankan casinos, gems, real estate under financial regulator scrutiny

ECONOMYNEXT – Sri Lanka’s financial regulator is closely monitoring the activities of people involved in t...

March 26, 2018 1 min read

Sri Lanka’s Senkadagala Finance targets women entrepreneurs

ECONOMYNEXT - Sri Lanka’s Senkadagala Finance said it will get loan of up to US$15 million from the International...

March 22, 2018 1 min read

Sri Lanka's Seylan Bank aims for Rs10Bn Basel III capital boost

Sri Lanka's Seylan Bank aims for Rs10Bn Basel III capital boost ECONOMYNEXT - Seylan Bank's application for a proposed ...

March 16, 2018 1 min read
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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 Sampath Bank's Rs7.5Bn Basel III debt issue oversubscribed

Sri Lanka Sampath Bank's Rs7.5Bn Basel III debt issue oversubscribed ECONOMYNEXT - Sri Lanka's Sampath Bank says its 7.5...

March 16, 2018 1 min read

Sri Lanka's Nations Trust Bank deploys robotics

ECONOMYNEXT - A digital banking platform, data analytic and robotics is helping Sri Lanka's Nations Trust Bank increase ...

March 13, 2018 3 min read

Sri Lanka’s Pan Asia Bank strengthens risk management

ECONOMYNEXT – Sri Lanka’s Pan Asia Bank has strengthened risk management and monitoring after the suspensi...

March 12, 2018 2 min read

Sri Lanka banks to join small business loan scheme

ECONOMYNEXT – Ten Sri Lankan public and private sector banking institutions are to sign up for a government loan ...

March 9, 2018 1 min read

Digital sales grow at Sri Lanka’s Hatton National Bank

ECONOMYNEXT – Sri Lanka’s Hatton National Bank (HNB) said revenues from digital payments were growing as c...

March 6, 2018 1 min read

Sri Lanka's CIFL to be liquidated, compensation for depositors

ECONOMYNEXT – Sri Lanka’s central bank said it will cancel the licence of Central Investment and Finance (...

March 5, 2018 2 min read

Sri Lanka's Bank of Ceylon net down 5-pct

Profits at Sri Lanka's state-run Bank of Ceylon, fell 5 percent to 7,502 billion rupees in the December 2017 quarter fro...

March 1, 2018 2 min read

Sri Lanka's SOE credit grows in December, private credit steady

Sri Lanka's commercial banks loaned 59.8 billion rupees to private borrowers in December 2017, in line with the 61.8 bil...

February 27, 2018 2 min read

Sri Lanka’s Com Bank December net up 12-pct to Rs4.8bn

ECONOMYNEXT – Sri Lanka’s Commercial Bank said net profit rose 12% to Rs4.8 billion in the December 2017 q...

February 23, 2018 2 min read

Sri Lanka's HNB net up 14-pct in Dec

Profits at Sri Lanka's Hatton National Bank grew 14 percent from a year earlier to 4.6 billion rupees in the December 20...

February 22, 2018 1 min read