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Friday November 13th, 2026
Finance

HSBC Group MD visits Sri Lanka to offer support

Rosha had met with key clients of the bank and discussed their challenges

June 19, 2022 1 min read

Sri Lanka rupee quoted 367 to TT dollar

Rupee has collapsed and fallen over 70 percent since central bank allowed flexible fox rate

June 11, 2022 2 min read

Sri Lanka's Haycarb March net up on forex gains

Net finance Income up 977 percent

June 4, 2022 1 min read

Sri Lanka' Dipped Products net up on forex gains

Gross profits down 35-pct

June 4, 2022 2 min read
Peoples Bank to use Sri Lanka's LankaPay US dollar payment system

The system offers a same-day funds transfer option at a low cost to the beneficiary, LankaPay said.

Sri Lanka to extend bank parate execution suspension till March 31

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Sri Lanka banks may get bad loans in 2017: S&P

Bad loans at Sri Lankan banks may climb this year after two years of strong loan growth, as capital buffers are also get...

March 24, 2017 3 min read

Sri Lanka plans local payment card, mobile switch for e-wallets

Sri Lanka is setting up the infrastructure for a domestic payment card and a switch to transfer cash between mobile wall...

March 22, 2017 1 min read

Sri Lanka's NDB ends S&P ratings

Standard and Poor's said it was confirming the 'B' long-term rating of Sri Lanka's National Development Bank and withdra...

March 21, 2017 2 min read

Fairfax Sri Lanka under Fairfirst Insurance brand

Canada-based Fairfax Financial Holdings Ltd, which bought two general insurance businesses in Sri Lanka, said the combin...

March 20, 2017 1 min read

Sri Lanka’s LOLC buys control of Cambodian microfinance firm

ECONOMYNEXT - Sri Lanka’s LOLC Group has acquired control of Cambodia’s Prasac Microfinance Institution Lt...

March 17, 2017 1 min read

Sri Lanka's HNB expects to grow loans 17-pct in 2017

Sri Lanka's Hatton National Bank, the country's second-largest private lender, expects to grow loans 17 percent in 2017 ...

March 14, 2017 2 min read

Sri Lanka's Sampath Bank eyes more offshore lending

ECONOMYNEXT - Sri Lanka's Sampath Bank is planning to do more offshore lending given the limited size of the domestic ma...

March 7, 2017 1 min read

Sri Lanka's Sampath Bank flags competition from telcos

ECONOMYNEXT - Sri Lanka's Sampath Bank Plc has drawn attention to the threat banking faces from competition from mobile ...

March 3, 2017 1 min read

Sri Lanka starts sustainable finance drive backed by the IFC

Sri Lanka can be a regional leader in sustainable finance given the commitment shown by the country towards environmenta...

February 28, 2017 2 min read

Sri Lanka’s DFCC Bank December net up 74-pct

ECONOMYNEXT – Sri Lanka’s DFCC Bank said December 2016 quarter group net profit rose 74 percent to Rs759 m...

February 23, 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

Sri Lanka's Commercial Bank net up 25-pct in Dec quarter

Profits at Sri Lanka's Commercial Bank of Ceylon rose 25 percent from a year earlier to Rs4.3 billion in the December 20...

February 23, 2017 1 min read

Sri Lanka’s NDB December profit down on higher impairment charges, taxes

ECONOMYNEXT – Sri Lanka’s National Development Bank (NDB) said December 2016 quarter group net profit fell...

February 22, 2017 3 min read

Sri Lanka to raise at least US$450mn from 3-year loan

Sri Lanka will raise at least 450 million dollars from a syndicated loan for which the government has selected 6 banks, ...

February 22, 2017 1 min read

Sri Lanka's NITF re-insures agricultural cover

Sri Lanka's National Insurance Trust Fund (NITF) said it had re-insured its agricultural insurance internationally with ...

February 17, 2017 1 min read

Fitch raises outlook on Sri Lanka's BOC, NSB and People's Leasing

Fitch Ratings had raised the outlook on state-run Bank of Ceylon, National Savings Bank and Peoples Leasing Plc, a unit ...

February 15, 2017 3 min read

Fitch upgrades Sri Lanka Insurance Corp's outlook to stable

ECONOMYNEXT – Fitch Ratings said it has revised the outlook on Sri Lanka Insurance Corporation's (SLIC) Insurer F...

February 14, 2017 2 min read

Sri Lanka's Multi Finance capitalized by Fairway Holdings

Fairway Holdings (Pvt) Ltd, a property developer will inject 550 million rupees to capitalize Multi Finance Plc, a firm ...

February 9, 2017 1 min read

Central bank to discuss strong credit at Sri Lanka state lenders: Governor

Sri Lanka's central bank will discuss strong credit growth at state banks, which may undermine monetary policy transmis...

February 8, 2017 1 min read

Sri Lanka slides deeper into directed lending, extending Mahinda Rajapaksa legacy

Sri Lanka's economic policy slid deeper into state interventionism and away from the 'social market economy' that was pr...

February 6, 2017 2 min read

Sri Lanka state banks to part finance central expressway

ECONOMYNEXT - Sri Lanka's state-run Bank of Ceylon and National Savings Bank will loan Rs23.2 billion to finance a secti...

February 1, 2017 1 min read