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Friday November 13th, 2026
Finance

Sri Lanka Fitch confirms Sunshine Holdings at ‘A(lka)’

Fitch Ratings said it has confirmed the National Long-Term Rating of Sri Lankan Sunshine Holdings at ‘AA+(lka)’

May 4, 2023 6 min read

Sri Lanka cabinet clears banking special provisions bill

Expected to increase crisis management powers

May 4, 2023 1 min read

Sri Lanka Seylan bank Net up 5.8-pct in March quarter

Trading gains fell 101.13 percent to 40 million rupees from the same quarter last year.

May 2, 2023 1 min read

Sri Lanka to borrow $150mn from World Bank for financial safety net

Money to be used to bolster deposit insurance scheme

April 25, 2023 2 min read
Sri Lanka's Commercial Bank net up on ISBs, credit growth 17-pct

Loans grew 17.7 percent to 1,384 billion rupees during 2024.

Fitch affirms Asia Asset Finance at 'A+(lka)'

Fitch also affirmed AAF's secured (asset backed) and senior unsecured debentures at 'A+(lka).

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 People's Insurance March 2018 net profit edges lower

Sri Lanka’s People’s Insurance said net profit fell 2 percent from a year ago to 211.2 million rupees in t...

May 2, 2018 1 min read

Jude Fernando made Janashakthi Life Chief Executive

Sri Lanka's Janashakthi Life said Jude Fernando has been appointed Chief Executive Officer with effect from 01 May, 2018...

May 1, 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
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

Sri Lanka's Nations Trust Bank unveils 'open banking' API platform

Sri Lanka's Nations Trust Bank said it has opened the door for firms and techies to directly link their businesses to th...

April 24, 2018 3 min read

Sri Lanka banking regulation weakened by conflicts, politics: S & P

ECONOMYNEXT - Sri Lanka's banking regulation is weakened compared to international standards by political interference a...

April 24, 2018 3 min read

Sri Lanka’s Cargills Bank targets millennials, with young staff, mobile apps

ECONOMYNEXT – Sri Lanka’s Cargills Bank, owned by the Cargills group, says its focus on digital technology...

April 20, 2018 2 min read

Sri Lanka’s Cargills gets ok for banking counters at all supermarkets

Sri Lanka’s Cargills Bank, owned by the Cargills group, has got regulatory approval to operate banking counters a...

April 19, 2018 2 min read

Sri Lanka’s Cargills Bank to list in 2020

ECONOMYNEXT – Sri Lanka’s Cargills Bank, owned by the Cargills group, is to list on the Colombo stock exch...

April 18, 2018 1 min read

Sri Lanka tightening financial laws, some developing countries risk being shut-out: Fin Min

Sri Lanka is tightening regulations to prevent financial crime, having battled the problem during its battle with terror...

April 18, 2018 1 min read

Sri Lanka banks risk profile stable: S&P

Sri Lanka's banking industry risk profile is stable on improving economic prospects and regulation, despite non-performi...

April 15, 2018 3 min read

Sri Lanka bank credit to government surges in Jan 2018

Sri Lanka's bank credit to government surged in January 2018, though much less than in earlier years, while credit to pr...

April 9, 2018 1 min read

Sri Lanka's Dialog mobile wallets topped up from bank accounts

Sri Lanka's Dialog Axiata said its mobile wallets could now be topped up from bank accounts, taking the country closer t...

April 7, 2018 1 min read

Sri Lanka's Melsta Regal Finance rating watch revised after Fairfax take-over

Fitch Ratings said an 'A+(lka)' rating of Sri Lanka's Melsta Regal Finance has been revised to 'evolving' from 'negative...

April 6, 2018 2 min read