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Friday November 13th, 2026
Finance

Sri Lanka's Lankapay and Nepal's Fonpay link up for cross-border payments

Enables mobile QR based payments in Sri Lanka and Nepal

June 16, 2023 1 min read

Sri Lanka's People's bank 'A(lka)' rating confirmed with negative watch: Fitch

Fitch Ratings has maintained the Rating Watch Negative (RWN) on the 'A(lka)' National Long-Term Rating of People's Bank

June 14, 2023 5 min read

Sri Lanka's Hatton National Bank 'A(lka)' rating confirmed with negative watch: Fitch

Fitch has also maintained HNB's senior and subordinated debt ratings of 'A(lka)' and 'BBB+(lka)', respectively, on RWN.

June 14, 2023 6 min read

Sri Lanka's Commercial Bank 'A(lka)' rating confirmed with negative watch

Fitch Maintains Commercial Bank of Ceylon's 'A(lka)' National Rating on Watch Negative

June 14, 2023 5 min read
LankaPay, Ant International launch Alipay+ in Sri Lanka

Travellers from 10 countries and regions can scan the LANKAQR code at more than 400,000 merchants across the island

Standard Chartered Sri Lanka to sell wealth and retail banking business

The bank will continue to serve clients as usual during the transition period, which was expected to take 15-18 months. ...

State-run Bank of Ceylon requests early repayment of loans from SriLankan

State-run Bank of Ceylon had requested early repayment of a 12.9 billion rupee loan taken by SriLankan Airlines while th...

August 28, 2018 2 min read

Sri Lanka’s insurance regulator to share information on money laundering with FIU

ECONOMYNEXT – The Insurance Regulatory Commission of Sri Lanka (IRCSL) is to share information on money launderin...

August 27, 2018 2 min read

Sri Lanka's The Finance struggle to recover Ceylinco assets

Sri Lanka's The Finance Plc, a unit if the now defund Ceylinco group which has a 14 billion rupee hole in its balance sh...

August 24, 2018 2 min read

Sri Lanka banking sector outlook negative: Fitch

ECONOMYNEXT - Fitch Ratings said it was maintaining a negative outlook for Sri Lanka's banking sector on slower growth i...

August 15, 2018 4 min read

Sri Lanka’s HNB Assurance June profits up 4-pct

Profits at Sri Lanka's HNB Assurance Plc rose 4 percent from a year earlier to to 106.3 million rupees in the June 2018 ...

August 15, 2018 2 min read

Sri Lanka's Janashakthi Insurance June net flat

Profits at Sri Lanka's Janashakthi Insurance fell 1 percent from a year earlier to 133.9 million rupees in the June 2018...

August 14, 2018 2 min read

Sri Lanka's Central Finance June quarter profits up 23.4-pct

Profits at Sri Lanka's Central Finance Company, a non-bank lender, grew 23.4 percent from a year earlier to 1.4 billion ...

August 14, 2018 1 min read

Sri Lanka adds new regulation to credit access of tourism business

Sri Lanka's central bank has directed finance companies not go give loans to borrowers in tourism related businesses un...

August 12, 2018 1 min read

Sri Lanka private, CB credit up in June, state down

Sri Lanka's credit to private businesses from commercial banks rose 82 billion rupees in June from 28.8 billion rupees a...

August 7, 2018 2 min read

Sri Lanka limits micro debt relief to old defaults, rates controlled at 35-pct

Sri Lanka will only give debt relief to women who have taken micro-loans before June 2018 and have been in default for o...

August 2, 2018 4 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

New Zealand blacklists Sri Lankan finance company over visa fraud

ECONOMYNEXT - New Zealand has blacklisted a Sri Lanka finance company which had provided false information to get studen...

July 31, 2018 2 min read

Sri Lanka's Seylan Bank June quarter profits down 26.5-pct

ECONOMYNEXT - Profits at Sri Lanka's listed Seylan Bank fell 26.5 percent from a year ago to 973.7 million rupees in the...

July 27, 2018 2 min read

Euromoney names Sri Lanka’s NDBIB best for seventh year

ECONOMYNEXT - NDB Investment Bank (NDBIB) has been named as ‘Sri Lanka’s Best Investment Bank 2018’ ...

July 26, 2018 1 min read

Sri Lanka to liquidate Standard Credit Finance, compensate insured depositors

ECONOMYNEXT –Sri Lanka’s banking regulator said it has cancelled the licence of Standard Credit Finance Li...

July 25, 2018 2 min read

Sri Lanka's Nation Lanka Finance in the black in June quarter

ECONOMYNEXT - Sri Lanka's Nation Lanka Finance reported a profit of 19.2 million rupees for the June 2018 quarter, compa...

July 25, 2018 2 min read

Sri Lanka's Union Bank June net up 7-pct, weighed down by new tax rules

ECONOMYNEXT - Sri Lanka's listed Union Bank of Colombo said profits grew 7 percent from a year earlier to 134.3 million ...

July 25, 2018 3 min read

Sri Lanka finance firms to write off small loans of women in drought-hit areas

ECONOMYNEXT – Sri Lankan finance companies will write off loans of up to 100,000 rupees of women in drought-hit a...

July 24, 2018 2 min read

Sri Lanka to slam price controls on micro-finance

Sri Lanka is planning to bring law to control interest rates on micro-finance to 30 percent, the finance ministry said, ...

July 22, 2018 2 min read

Myanmar micro-finance unit of Sri Lanka's Commercial Bank kicks off

A micro-finance unit promoted by Sri Lanka's Commercial Bank of Ceylon has started operations in Myanmar.

July 20, 2018 1 min read

Sri Lanka's MBSL Insurance to get Rs1.2bn capital injection

Sri Lanka's Merchant Bank of Sri Lanka and Finance PLC said it will inject 1.2 billion rupees in to an insurance unit, w...

July 20, 2018 2 min read