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Friday November 13th, 2026
Finance

Fitch confirms Citibank Sri Lanka unit at ‘AAA(lka)’

Fitch Ratings said it has confirmed Citibank N.A. Colombo Branch’s (CitiSL) National Long-Term Rating at ‘AAA(lka)�...

March 30, 2023 3 min read

Sri Lanka banks may need Rs1.4trn in capital, govt to inject cash

Nine banks accounting for 90-pct of assets under the microscope

March 21, 2023 2 min read

Sri Lanka private de-leveraging hit new record in Jan 2023, driving BOP surplus

Private credit fall comes amid falling inflation and de-leveraging

March 13, 2023 2 min read

US banks shut amid Sri Lanka style mark-to-market losses after Powell inflationism

Silvergate Bank had exposure to crypto assets that bubbled during Fed money printing

March 11, 2023 3 min read
Sri Lanka Insurance Corp Life assigned 'CCC+' IFS and 'A+(lka)' by Fitch

"The ratings reflect SLIC Life's 'Favourable' company profile, and high investment and asset risks,

Sri Lanka central bank warns against unauthorized use of 'Finance' in company names

No person, other than a finance company and an institution specified in Section 10(6) of the Act, shall use the terms

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
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 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

Janashakthi share buyback pending approval: Sri Lanka regulator

Sri Lanka's insurance regulator has said that a 11 billion rupee share buyback from Janashakthi Insurance has not been a...

February 28, 2018 1 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

Allianz wraps up Janashakthi buy; says policies to continue

Allianz, a German-based insurer said it had completed an acquisition of Janashakthi General Insurance with regulators gi...

February 26, 2018 1 min read