Notable
Triggered by the highest-ever increase in regulator policy rates within a 12 months' window
The bank provided for loans losses and sovereign bond investments
Loan growth slowed, more deposits raised
Sri Lanka banks have increasingly focused on digital banking since COVID19-pandemic
The National Rating upgrades are driven by the upgrade of the sovereign's Long-Term Local-Currency IDR
Fitch rates the proposed Basel III Tier 2 notes two notches below the bank's National Long-Term Rating.
ECONOMYNEXT – Sri Lankan banks have overshot lending targets under an Asian Development Bank (ADB) small business...
Janashakthi General Insurance, which is to be controlled by Germany, Munich based Allianz after a 16.4 billion rupee dea...
Allianz, a Munich, Germany based insurer said it would become the second largest player in the non-life business in Sri ...
Sri Lanka's Janashakthi Insurance Plc said its general insurance unit will be sold to Allianz SE, a Munich based insurer...
Profits at Sri Lanka's NDB Bank group December 2017 quarter profits rose 64 percent to 1.19 billion rupees, as net inter...
ECONOMYNEXT - Sri Lanka's LOLC Finance PLC (LOFC), acquired 100 percent in micro lender LOLC Micro Credit for 12.3 billi...
The International Monetary Fund and a governance activist has urged action after Sri Lanka was placed under scrutiny for...
Sri Lanka's NDB Investment Bank said it sold debt, equity and takeover deals in advised take-overs worth 55 billion rupe...
An excessive tax hike on beer imposed by Sri Lanka's ex-finance minister had benefited a company connected to a business...
ECONOMYNEXT - Fitch Ratings has assigned Sampath Bank's proposed Basel III compliant subordinated debentures an expected...
| 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 |
| 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 |
| 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 |
| 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 | - | - |
Washington based International Finance Corporation and Sri Lanka's central bank has teamed up to develop a strategy to b...
ECONOMYNEXT – Sri Lankan banks are likely to significantly increase issuance of Basel III-compliant debentures in...
ECONOMYNEXT – Sri Lanka’s listed banks are expected to have a steady phase of growth during the 2018-20 pe...
ECONOMYNEXT - Sri Lanka's central bank plans to introduce guidelines for the financial sector covering emerging technolo...
Sri Lanka's small finance companies which have failed to boost minimum capital this year may be ordered to stop raising ...
Sri Lanka's ETI Finance and Swarnamahal Financial Serviced has run into liquidity crisis requiring regulatory interventi...
ECONOMYNEXT - Sri Lanka's central bank said it will appoint new management to manage ETI Finance Ltd and Swarnamahal Fin...
State-run Bank of Ceylon, may be appointed managing agent of two troubled finance companies of Sri Lanka's EAP group of ...
Sri Lanka's central bank has invited Paypal to start inward remittances to the island officials said, amid a clamour for...
Sri Lanka's state-run National Insurance Trust Fund is re-insuring its agricultural cover amid rising claims.
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
4 min read