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Friday November 13th, 2026
Finance

Sri Lanka to give cut-price loans to small and micro firms hit by crisis

For firms in agriculture, exports and and tourism

October 31, 2022 1 min read

Sri Lanka's Softlogic to raise Rs850mn from cash call

Shareholders would be given a rights issue of 100 shares for every existing 423 shares.

October 22, 2022 1 min read

Sri Lanka banks to be re-capitalized based on diagnostic study: Deputy Governor

And based on the final outcome capitalization will also take place

October 7, 2022 2 min read

Sri Lanka plans deposit interest caps, more price controls: President

Limits will be imposed on deposit rates to reduce interest rates

October 6, 2022 2 min read
Sri Lanka private loans outpace government credit for the fourth month: analysis

Private credit also tend to outpace government credit during currency crises

Sri Lanka to identify systemically important finance companies

A re-assessment of domestic systemically important banks also completed

Sri Lankan bank profits under pressure: Moody's

ECONOMYNEXT - Moody's Investors Service has said the outlook for Sri Lanka's banking system is negative, with both asset...

August 31, 2017 2 min read

Sri Lanka Citibank branch 'AAA(lka)' rating confirmed by Fitch

Fitch Ratings has confirmed an 'AAA(lka)' rating of the Colombo branch of Citibank N.A with a stable outlook.

August 29, 2017 3 min read

Sri Lanka Treasuries yields up for second week

Sri Lanka's Treasuries yield rose across maturities at Wednesday's auction, with the three month yield rising 10 basis p...

August 23, 2017 2 min read

Sri Lanka's Janashakthi Insurance net down in June

Profits at Sri Lanka's Janashakthi Insurance fell 50 percent to 135 million rupees in the June 2017 quarter from a year ...

August 17, 2017 1 min read

Sri Lanka's Ceylinco Insurance June quarter net profit up 75-pct

ECONOMYNEXT - Sri Lanka's Ceylinco Insurance Plc said net profits rose 75 percent in the June 2017 quarter to 894 millio...

August 16, 2017 1 min read

Sri Lanka's Bank of Ceylon profits dip with loss provisions

Profits at Sri Lanka's state-run Bank of Ceylon group fell 9.6 percent to 4.44 billion rupees in the June 2017 quarter a...

August 15, 2017 2 min read

Sri Lanka's HNB's profits flat in June quarter

Profits at Sri Lanka's Hatton National Bank group, which has an insurance unit edged up 2 percent to 3.4 billion rupees ...

August 14, 2017 1 min read

Sri Lanka's Commercial Bank net up 17-pct in June

Sri Lanka's Commercial Bank of Ceylon said net profits rose 17.8 percent from a year earlier to 3.8 billion rupees in th...

August 14, 2017 2 min read

Flood hit borrowers in Sri Lanka to get 3-month interest waiver

Sri Lanka's flood-hit borrowers can get concessions including interest waivers for three months from lenders, but many w...

August 14, 2017 1 min read

Fitch upgrades Sri Lanka Insurance Corp's rating to 'AA+(lka)'

ECONOMYNEXT - Fitch Ratings has upgraded Sri Lanka Insurance Corporation Limited's (SLIC) National Insurer Financial Str...

August 11, 2017 4 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 Sampath Bank June net up 39-pct

ECONOMYNEXT - Profits at Sri Lanka's Sampath Bank rose 39 percent to almost 3.5 billion rupees in the June 2017 quarter ...

August 4, 2017 2 min read

Sri Lanka's Cargills in deal with Bank of China

ECONOMYNEXT - Sri Lanka's Cargills (Ceylon) PLC said the Cargills group has entered into an agreement with Bank of China...

August 2, 2017 1 min read

Sri Lanka's Seylan Bank group net up 24-pct

Sri Lanka's Seylan Bank Plc group's net profits in the June 2017 quarter rose 24 percent to 1.32 billion rupees from a y...

August 2, 2017 1 min read

Sri Lanka's DFCC Bank group profits up on gains

Sri Lanka's DFCC Bank group said net profits rose 107 percent to 1.54 billion rupees in the June 2017 quarter from a yea...

August 1, 2017 2 min read

Probe finds ‘internal lapses’ in Sri Lanka HNB customer data leak

ECONOMYNEXT – An investigation by Sri Lanka’s central bank into the leak of customer data at Hatton Nation...

July 25, 2017 1 min read

Sri Lanka finance company capitalisation under pressure, ratings affirmed: Fitch

ECONOMYNEXT – Fitch Ratings said it has confirmed the ratings of seven Sri Lankan finance companies, many of whic...

July 24, 2017 12 min read

Sri Lanka fixing gaps in money laundering framework: Fin Min

Sri Lanka is fully committed to eradicating financial crimes, and is in the process of fixing gaps identified in its ant...

July 17, 2017 1 min read

Sri Lanka HNB Rights to boost capital, loan growth: Moody’s

ECONOMYNEXT – The 15 billion rupee rights issue by Sri Lanka’s Hatton National Bank (HNB), rated B1 negati...

July 11, 2017 2 min read

Sri Lanka fund managers, lawyers, accountants to report suspicious transactions

ECONOMYNEXT – Fund managers, lawyers, accountants, trustees and casinos are among a host of non-finance businesse...

June 29, 2017 1 min read

Golden cash machine marks ATM's 50th birthday

AFP - The automated teller machine (ATM) marked its 50th anniversary on Tuesday, with a British bank decorating the site...

June 28, 2017 2 min read