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Friday November 13th, 2026
Finance

Sri Lanka opposition questions whether state bank delayed payment

Please look into this immediately

March 24, 2022 1 min read

Sri Lanka's LB Finance buys tiny Multi-Finance

A 64-pct stake for Rs400mn

March 16, 2022 1 min read

Sri Lanka price controls on credit cards, overdrafts, pawning to be raised: Central Bank

Credit cards (penal rates) now at 20-pct, T/ODs 18-pct and pawning 12-pct

March 4, 2022 1 min read

Sri Lanka's NTB Bank net up 77-pct in Dec 22 quarter

Strong credit growth

March 1, 2022 2 min read
Sri Lanka private credit up Rs89bn in September, government down

Central bank credit to government fell 9.2 billion to 1,745 billion rupees

Sri Lanka banks, Thomas Cook pay Rs2.3bn to airport for foreign exchange counters

Bank of Ceylon, Sampath Bank, Commercial Bank, Hatton National Bank and Thomas Cook Lanka were awarded the contracts

Sri Lanka private credit steady in July 2016

Sri Lanka's commercial banks loaned Rs62.80 billion to private businesses in July 2016, down from Rs75.9 billion a month...

October 3, 2016 1 min read

Sri Lanka’s Commercial Bank starts Maldives operations

ECONOMYNEXT – Sri Lanka’s Commercial Bank of Ceylon said its Maldivian unit, the Commercial Bank of Maldiv...

September 26, 2016 2 min read

Sri Lanka's Asian Alliance to become Softlogic Life Insurance

ECONOMYNEXT - Sri Lanka's Asian Alliance Insurance PLC is to change its name to Softlogic Life Insurance PLC following t...

September 20, 2016 1 min read

Sri Lanka’s Commercial Bank launches new series of ATM machines

ECONOMYNEXT - Commercial Bank of Ceylon said it has launched a new generation of machines that offers several new advanc...

September 19, 2016 2 min read

Nanda Fernando made Sampath Bank Sri Lanka boss

Sri Lanka's Sampath Bank Plc said Nanda Fernando, a 29-year veteran at the bank will be made Managing Director with the ...

September 9, 2016 1 min read

Sri Lanka's troubled finance company resolution process on the way: Central Bank

Sri Lanka's central bank said an asset management company to take over bad debts and inject capital into troubled financ...

September 9, 2016 4 min read

Sri Lankan bankers urge shift to digital payments

Sri Lanka needs to encourage a shift to digital payments, and reduce cash and cheque transactions without further delay,...

September 9, 2016 2 min read

Sri Lanka bank credit surges in June 2016: CB credit Rs48bn

Sri Lanka's bank credit surged to Rs110 billion in June 2016 from Rs44.6 billion a month earlier, including Rs48 billion...

September 5, 2016 2 min read

Visa opens office in Sri Lanka as business expands

Visa, a global payments company, said it had opened an office in Sri Lanka amid the expansion of business in the country...

September 4, 2016 1 min read

Sri Lanka state banks have to find own capital, be efficient: Minister

Sri Lanka's state banks will have to find capital without public help, become more efficient and enhance governance, Dep...

September 2, 2016 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 332.3603 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

ADB to invest $50m in Sri Lanka’s Hatton National Bank

ECONOMYNEXT – The Asian Development Bank (ADB) is to invest $50 million in Sri Lanka’s Hatton National Ban...

September 1, 2016 1 min read

Sri Lanka's Cargills Bank reduces loss in June quarter

ECONOMYNEXT - Sri Lanka's Cargills Bank, part of CT Holdings Group, said it reduced its loss in the June 2016 quarter by...

August 30, 2016 1 min read

Sri Lanka LOLC group net up 26-pct in June

Sri Lanka's LOLC Group, which has interests in financial services and leisure, said profits rose 26.3 percent from a yea...

August 28, 2016 2 min read

Sri Lanka's NDB Chairman, Chief Exec to step down

Chairman of Sri Lanka's NDB Bank, N G Wickremeratne will retire on August 31 and Chief Executive Rajendra Theagarajah ha...

August 26, 2016 1 min read

Sri Lanka's Bank of Ceylon net up 34.8-pct in June

Profits at state-run Bank of Ceylon, the country's largest lender by assets, grew 35.5 percent from a year earlier to Rs...

August 15, 2016 1 min read

The Finance Company in more losses in June quarter

Sri Lanka's The Finance Company Ltd, a troubled non-bank lender of the former Ceylinco Group, lost Rs333 million in the ...

August 14, 2016 1 min read

Sri Lanka Com Bank June quarter net up 23-pct

ECONOMYNEXT – Sri Lanka’s Commercial Bank said June 2016 quarter net profit rose 23% to Rs3.26 billion fro...

August 12, 2016 1 min read

Sri Lanka's NTB net down 12-pct in June

Profits at Sri Lanka's Nations Trust Bank fell 10 percent from a year earlier to Rs685 million in the June 2016 quarter ...

August 12, 2016 2 min read

Sri Lanka's NDB down 6.8-pct in June

Profits at Sri Lanka's National Development Bank fell 6.8 percent from a year earlier to Rs535 million in the June 2016 ...

August 12, 2016 2 min read

Lower tax charge boosts Sri Lanka's People's Insurance June profit

ECONOMYNEXT - Sri Lanka's People's Insurance Company said June 2016 quarter net profit rose 30.1 percent to Rs153 milli...

August 11, 2016 1 min read