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Friday November 13th, 2026
Finance

Sri Lanka private credit contracts in August, SOE credit down

CB credit slows

October 3, 2022 2 min read

Sri Lanka's SDB to focus on export oriented and value creating businesses

Bank marks 25 years in business

September 9, 2022 2 min read

Sri Lanka to sell down 20-pct state banks shares to workers, depositors

All banks in Sri Lanka have faced capital depletion amid bad loans and rate rises

August 30, 2022 1 min read

Sri Lanka opposition MP Harsha de Silva chairs first public finance committee meeting

A Social Security Contribution Levy Bill was also approved, said the parliament statement.

August 24, 2022 1 min read
Sri Lanka insurers raising motor insurance premia after depreciation: Fitch

A government control on ceding civil commotion insurance also pushed up costs

Sri Lanka bank bad loans fall to 12.4-pct in 3Q

Profits up and banks pay Rs105bn as income tax to the government

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
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

Jeddah-based IDB to up stake in Sri Lanka’s Amãna Bank

ECONOMYNEXT – Islamic Development Bank (IDB) group, based in Jeddah, will raise its stake in Sri Lanka’s A...

June 19, 2017 2 min read

Sri Lanka bank asset quality under pressure: Fitch

Bad loans at Sri Lankan banks are picking up in 2017 after two years of strong loan growth, with consumer spending hit b...

June 9, 2017 1 min read

Sri Lanka govt to inject Rs5bn in fresh capital to People’s Bank

ECONOMYNEXT –Sri Lanka’s People’s Bank, the second-largest bank in the island with one-third of loa...

June 7, 2017 2 min read

Basel III raises capital pressure for Sri Lankan banks: Fitch

June 7, 2017 3 min read

Sri Lanka insurance premiums rise after spate of natural disasters

Disaster insurance premiums are rising in Sri Lanka after a spate of natural disasters, Minister of Disaster Management ...

June 6, 2017 1 min read

Sri Lanka's Janashakthi Insurance offers to tow any flood hit vehicle free

Sri Lanka's Janashakthi Insurance said it was offering a service to tow free of charge vehicles hit by recent floods reg...

June 5, 2017 1 min read

Renaissance Re lead reinsurer for Sri Lanka disaster insurance cover

ECONOMYNEXT – Sri Lanka has selected global catastrophe reinsurance specialist Renaissance Re to be the lead rein...

May 31, 2017 1 min read

Sri Lanka’s People`s Merchant Finance sells property for Rs1bn

ECONOMYNEXT - People`s Merchant Finance (PMF) said it had sold a 108-perch property to its parent firm, Sri Lanka�...

May 24, 2017 1 min read

Sri Lanka's Janashakthi Insurance net down in March quarter

Sri Lanka's Janashakthi Insurance Plc said profits fell 39 percent in the March 2017 quarter from a year earlier amid a ...

May 22, 2017 1 min read

Islamic Development Bank to buy more stock in Sri Lanka's Amana

Islamic Development Bank will invest more cash in Sri Lanka's Amana Bank Plc through an investment vehicle.

May 21, 2017 1 min read