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Friday November 13th, 2026
Finance

Sri Lanka doing assets quality review of banks: CB Governor

So called Stage 3 loans have hit 10.9-pct by the 3rd quarter

February 5, 2023 3 min read

Fitch downgrades Sri Lanka insurers after sovereign rating re-set

Insurers are on rating watch negative at the new level

January 19, 2023 7 min read

Sri Lanka private credit down Rs255bn since May 2022

Govt borrowings Rs114bn, partly due to high rates

January 17, 2023 3 min read

Fitch downgrades 10 Sri Lankan Banks after local sovereign rating cut

Sri Lanka sovereign rating

January 13, 2023 2 min read
Sri Lanka's Union Assurance, Sampath Bank in bancassurance partnership

Long-term referral bancassurance partnership for life insurance products

Fitch Ratings upgrades Seylan Bank's national rating to A+(lka)

The two-notch upgrade is part of Fitch Rating's recalibration of the Sri Lankan national rating scale following the sove

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
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 332.3603 330.8514
UK Pound 440.9424 438.3450
Euro 368.4879 371.0168
Yen 2.0805 2.0916
Aus Dollar 227.4342 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5474 3.4202
Korean Won 0.2492 0.2479
Oman Rial 863.2287 859.3320
Saudi Riyal 88.5586 88.0955
UAE Dirham 90.4874 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 6,365.57 +0.26%
CSE All Share 22,157.40 +0.56%
Turnover Rs 2975.05 million 1193.67 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 Commercial Bank Sept net profit up 11-pct

ECONOMYNEXT – Sri Lanka’s Commercial Bank of Ceylon PLC said September 2017 quarter net profit grew 11.46%...

November 13, 2017 4 min read

Sri Lanka to provide crop insurance for disasters with tax-payer subsidy

Sri Lanka will start a crop insurance scheme for farmers with part of the premium being paid by tax-payers, amounting to...

November 12, 2017 1 min read

Sri Lanka to start another crony Exim/SME state bank in different guise?

Sri Lanka's budget for 2018 has announced plans to build a bank for start-ups and small and medium enterprises with a ta...

November 11, 2017 2 min read

Sri Lanka allocate Rs10bn for enterprise development bank

ECONOMYNEXT – The Sri Lankan government will allocate Rs10 billion to set up an enterprise development bank to gi...

November 9, 2017 1 min read

Sri Lanka’s NTB Sept net profit up 33-pct to Rs1bn

ECONOMYNEXT – Sri Lanka’s Nations Trust Bank (NTB) said net profit for the September 2017 quarter rose 33%...

November 6, 2017 3 min read

JKH allowed to keep in Sri Lanka's NTB till 2020, but cut voting rights

Sri Lanka's John Keells Holdings has been permitted by the regulator to retain a 29.9 percent stake in Nations Trust Ban...

November 6, 2017 1 min read

Sri Lanka's Union Bank Sept net up 13-pct, strong asset growth

Sri Lanka's Union Bank group, said profits grew 13 percent from a year earlier to 150.9 million rupees in the September ...

October 27, 2017 1 min read

Ex-Citi banker appointed Chairman of Sri Lanka's Union Bank

Sri Lanka's Union Bank of Colombo Plc said Atul Malik, a former Citi banker who also headed Vietnam's Maritime Bank had ...

October 27, 2017 1 min read

Sri Lanka’s People’s Leasing Sept quarter net down 16-pct

ECONOMYNEXT - Sri Lanka’s People’s Leasing & Finance (PLC) said net profit for the September 2017 quarter ...

October 26, 2017 2 min read

Sri Lanka banks given three years to boost capital

Sri Lanka's central bank has given three years for licensed bank to increase their capital to reach Basel III standards.

October 26, 2017 1 min read