Notable
Insurers are already under rating watch
Credit contraction partly helped by rupee gain
Rating watch negative still remains
The delegation engaged with local authorities to discuss Sri Lanka’s preparedness
By February most of the excess liquidity came from dollar purchases
ECONOMYNEXT – Sri Lanka’s Financial Intelligence Unit (FIU) said it has signed an agreement with the Depar...
ECONOMYNEXT – Sri Lanka’s Cargills Bank reported net profit slumped to less than a million rupees in the S...
ECONOMYNEXT – The Monetary Board of Sri Lanka's Central Bank has promoted Assistant Governors S R Attygalle and H...
ECONOMYNEXT - AIA Insurance Lanka has entered into a partnership with Sampath Bank to enable customers make insurance pr...
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...
Profits at Sri Lanka's listed DFCC Bank Plc rose 90 percent from a year earlier to 810.8 million rupees in the September...
ECONOMYNEXT –Sri Lanka's banks are easy targets for higher taxes which is hurting profitability and discouraging ...
Profits at Sri Lanka's listed Pan Asia Bank fell 13 percent from a year earlier to 260.7 million rupees in the September...
Non-performing loans in Sri Lanka's banks, which are below recent and historic highs, were highest in tourism, a sector ...
ECONOMYNEXT - Sri Lanka's banking sector is caught in a 'perfect storm' with margins expected to tighten due to weak cre...
| 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 | - | - |
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...
Sri Lanka's banks had loaned 46.5 billion rupees to private borrower in July down from 82.6 billion rupees a month earli...
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