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Friday November 13th, 2026
Finance

Sri Lanka clears offshore banks at Colombo Port City: Commission

New account created in all banks to help invest in Colombo Port City

August 5, 2022 1 min read

Sri Lanka private credit negative in June 2022, Rs189bn printed

Dollar denominated credit repaid by state and private borrowers

August 1, 2022 1 min read

Sri Lanka's NDB downgraded to 'A(lka)' amid soft-peg collapse

Has government securities

July 29, 2022 6 min read

Sri Lanka banks cut foreign borrowings, see more deposit dollarization

Under monetary instability it is not just ISBs that went up but also bank dollar borrowings

July 24, 2022 4 min read

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
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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's Commercial Bank March net profit up 17-pct

ECONOMYNEXT– Sri Lanka's Commercial Bank said March 2017 quarter group net profit rose 17.1 percent to Rs3.8 bill...

May 15, 2017 2 min read

Ironwood Investment raises stake in Sri Lanka Abans Finance

ECONOMYNEXT – Ironwood Investment Holdings (Pvt) Ltd, a Colombo-based private investment company, has raised its ...

May 12, 2017 1 min read

Sri Lanka’s Sanasa Bank to set up dedicated SME centres, branches

ECONOMYNEXT – Sri Lanka’s Sanasa Development Bank (SDB) plans to set up dedicated centres and branches to ...

May 8, 2017 2 min read

Sri Lanka's Sampath Bank March net up 29-pct

Profits at Sri Lanka's Sampath Bank Plc, rose 29 percent to 2.38 billion rupees in the March 2017 quarter from a year ea...

May 8, 2017 1 min read

Sri Lanka's DFCC bank net up 43-pct in March

Profits at Sri Lanka's DFCC group rose 42 percent to 1.36 billion rupees in the March 2017 quarter from a year earlier, ...

May 4, 2017 1 min read

Sri Lanka's NDB net up 35-pct lower loan loss provisions

Profits at Sri Lanka's National Development Bank group grew 35 percent to 547 million rupees in the March 2017 quarter f...

May 4, 2017 1 min read

Sri Lanka finance company margins seen dipping

ECONOMYNEXT – Profit margins of Sri Lankan finance companies are likely to dip with rising interest rates and res...

April 3, 2017 2 min read

Sri Lankan banks urged to look at wider customer base

ECONOMYNEXT – Sri Lankan banks should look beyond their immediate customer base at the wider, emerging digital tr...

March 30, 2017 2 min read

Sri Lanka banks, tech firms urged to co-operate to push e-commerce

ECONOMYNEXT – Sri Lankan banks need to co-operate among themselves and with technology companies to encourage gre...

March 27, 2017 1 min read

Sri Lanka state credit surge to new high in January 2017, private down

Sri Lanka's credit to government from the banking system surged to 141 billion rupees, in what could be an all-time high...

March 27, 2017 2 min read