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Friday November 13th, 2026
Finance

Sri Lanka's Bank of Ceylon upgraded to CC from RD

The upgrade comes from BOC's improved foreign-currency liquidity position since June 2022

February 9, 2023 3 min read

Sri Lanka finance companies asked to get new ratings after ICRA closure

Finance Companies are required to have a rating

February 7, 2023 1 min read

Sri Lanka private credit negative for seventh month as China assurances awaited

Government credit continues to go up despite tax increases

February 6, 2023 2 min read

Sri Lanka's banks may have to re-structure loans caught in progressive tax

Salaried SOE executives and port workers are protesting

February 6, 2023 3 min read
Sri Lanka’s DFCC’s Acuity stake disposal gives limited capital boost: Fitch

Divestment of its 50% stake in Acuity Partners is unlikely to result in a material improvement in its regulatory capital

Sri Lanka private credit surge in December 2024 amid 'abundant reserves': analysis

Out of the 789 billion rupees of annual private credit, 583 billion rupees came in the last five month of the year.

Sri Lanka and IFC in bid to boost financial inclusion

Washington based International Finance Corporation and Sri Lanka's central bank has teamed up to develop a strategy to b...

January 10, 2018 1 min read

Sri Lankan banks to issue more debentures in 2018: Fitch

ECONOMYNEXT – Sri Lankan banks are likely to significantly increase issuance of Basel III-compliant debentures in...

January 8, 2018 3 min read

Sri Lankan bank net interest margins seen stabilising

ECONOMYNEXT – Sri Lanka’s listed banks are expected to have a steady phase of growth during the 2018-20 pe...

January 5, 2018 1 min read

Sri Lanka's central bank mulls rules for cloud computing, fintech

ECONOMYNEXT - Sri Lanka's central bank plans to introduce guidelines for the financial sector covering emerging technolo...

January 4, 2018 1 min read

End of the road looms for Sri Lanka's small finance companies

Sri Lanka's small finance companies which have failed to boost minimum capital this year may be ordered to stop raising ...

January 3, 2018 3 min read

SrI Lanka's ETI Finance given liquidity support; cash injection expected: CB

Sri Lanka's ETI Finance and Swarnamahal Financial Serviced has run into liquidity crisis requiring regulatory interventi...

January 2, 2018 2 min read

Sri Lanka's ETI Finance, Swarnamahal under central bank management

ECONOMYNEXT - Sri Lanka's central bank said it will appoint new management to manage ETI Finance Ltd and Swarnamahal Fin...

January 2, 2018 1 min read

Sri Lanka troubled ETI may be overseen by state bank: report

State-run Bank of Ceylon, may be appointed managing agent of two troubled finance companies of Sri Lanka's EAP group of ...

December 31, 2017 1 min read

Sri Lanka renews invitation for Paypal to start inward remittance

Sri Lanka's central bank has invited Paypal to start inward remittances to the island officials said, amid a clamour for...

December 28, 2017 2 min read

Sri Lanka's NITF re-insures rising crop risk with Swiss Re

Sri Lanka's state-run National Insurance Trust Fund is re-insuring its agricultural cover amid rising claims.

December 22, 2017 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

Swiss Re, J.B. Boda win Sri Lanka agri-insurance deal

ECONOMYNEXT – Sri Lanka has chosen the Singapore unit of Swiss insurance group Swiss Re and J.B. Boda & Co, a rei...

December 22, 2017 1 min read

Nathan Sivagananathan on Sri Lanka’s Dunamis Capital Board

ECONOMYNEXT – Sri Lanka’s Dunamis Capital, which has interests in financial services and real estate, has ...

December 20, 2017 1 min read

Sri Lanka doubles insurance payout for CIFL depositors

ECONOMYNEXT – Sri Lanka’s central bank has doubled the compensation payable to depositors of Central Inves...

December 5, 2017 2 min read

Sri Lankans allowed to invest US$200,000 outside country

Sri Lanka's new forex law has allowed an individual to invest 200,000 dollars outside the country, in their lifetime, a ...

November 29, 2017 1 min read

ADB, Deutsche Bank supply chain finance for Sri Lankan SMEs

ECONOMYNEXT – Sri Lankan small and medium-sized enterprises (SMEs) are among those in developing Asia who will ge...

November 24, 2017 2 min read

Sri Lanka's central bank cancels CIFL licence

ECONOMYNEXT – Sri Lanka’s central bank said it has decided to cancel the licence of Central Investment and...

November 23, 2017 1 min read

Google and Facebook would have failed in Sri Lanka: FM

ECONOMYNEXT - Finance Minister Mangala Samaraweera has severely criticised Sri Lanka's lending institutions saying that ...

November 17, 2017 2 min read

Sri Lanka’s Janashakthi Insurance net profit down in Sept quarter

ECONOMYNEXT – Sri Lanka’s Janashakthi Insurance said net profit fell 2.5% to Rs155 million in the Septembe...

November 16, 2017 3 min read

Sri Lanka’s First Capital Sept quarter net profit up 18.6-pct

ECONOMYNEXT – Sri Lanka’s First Capital Holdings PLC said group net profit rose 18.6% to Rs340 million in ...

November 16, 2017 2 min read

Sri Lanka’s HNB Sept net profit flat at Rs4bn

ECONOMYNEXT – Sri Lanka's Hatton National Bank (HNB) group reported net profit remained flat at Rs4 billion for t...

November 15, 2017 3 min read