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Friday November 13th, 2026
Finance

Sri Lanka to give 12-pct subsidized loans for small millers to buy paddy

The loan will have to be repaid in 180 days.

September 3, 2023 1 min read

Sri Lanka banks covered larger part of SLDB exposure: CB Governor

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August 25, 2023 2 min read

Sri Lanka central bank may tighten price controls further if rates don't fall faster

In the first set of controls, ceilings would be imposed on selected credit products

August 24, 2023 2 min read

Bangladesh expects Sri Lanka to repay US$200mn swap by September: report

Bangladesh expects the next installment within two weeks, the newspaper said.

August 22, 2023 2 min read
Sri Lanka branches of Habib Bank, MCB Bank upgraded to 'AA(lka)': Fitch

Assessment also takes into consideration the local branches' strong operational integration with their head offices

Sri Lanka's Cargills Bank urges public not to share breached data

"As it would only victimize those whose information has been compromised

Sri Lanka banks overcharging poor farmers for credit checks

ECONOMYNEXT- Some Sri Lankan banks have been found overcharging rural farmers for Credit Information Bureau (CRIB) check...

January 11, 2019 1 min read

Sri Lanka's Bank of Ceylon launches US$200mn term loan: report

Sri Lanka's state-run Bank of Ceylon has launched a syndicated loan of up to 200 million dollars appointing a Middle Eas...

January 11, 2019 1 min read

UN wants Sri Lanka banks to contribute to agriculture credit line

The International Fund for Agricultural Development (IFAD) of the United Nations is looking for further funding from ban...

January 11, 2019 2 min read

Sri Lanka Commercial Bank offers WeChat payments in yuan

ECONOMYNEXT – Sri Lanka’s Commercial Bank has tied up with a unit of tech giant Tencent Holdings to offer ...

January 8, 2019 2 min read

Sri Lanka’s central bank tightens supervision of financial groups

ECONOMYNEXT - Sri Lanka’s central bank said it had entered into agreements with capital markets and insurance s...

January 4, 2019 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

Leapfrog group buys Sri Lanka Soflogic Life Insurance stake from FMO

A 19-percent stake in Sri Lanka's Softlogic Life Insurance has been sold by the Netherlands-based FMO to the Leapfrog In...

December 19, 2018 1 min read

Big stake sold in Sri Lanka’s Softlogic Insurance for Rs2.18bn

ECONOMYNEXT – A big stake in Sri Lanka’s Softlogic Life Insurance changed hands on the Colombo bourse Wedn...

December 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 332.5018 332.3603
UK Pound 440.0661 440.9424
Euro 367.7137 368.4879
Yen 2.0793 2.0805
Aus Dollar 226.4670 227.4342
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5357 3.5474
Korean Won 0.2494 0.2492
Oman Rial 863.5962 863.2287
Saudi Riyal 88.5939 88.5586
UAE Dirham 90.5259 90.4874
Source: Central Bank/Indicative
pts %
S&P SL20 6,293.72 -1.13%
CSE All Share 22,024.18 -0.60%
Turnover Rs 3232.70 million 2975.05 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

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

Fitch downgrades Sri Lanka Insurance Corp to IFS 'B'

ECONOMYNEXT – Fitch Ratings said it has downgraded the Insurer Financial Strength (IFS) rating of Sri Lanka Insur...

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

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