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Friday November 13th, 2026
Finance

Sri Lanka central bank not banned state banks from lending to CPC: CB Governor

CPC lending should be be under single borrower threshold

February 22, 2022 2 min read

Sri Lanka DFCC Bank net down 68-pct in Dec 22

DFCC's loan loss provisions in December quarter was 1.3 billion rupees up from 529.4 million a year earlier.

February 20, 2022 1 min read

Sri Lanka firms to sell dollar shares on stock exchange

Sri Lankan firms can now raise funds in foreign currencies through listing at Colombo Stock Exchange

February 19, 2022 2 min read

Sri Lanka stocks fall to over 1-wk low on forced sales; LOFC boosts turnover

The key stock index has fallen 6.8 percent so far in February on forex, economic concerns

February 18, 2022 2 min read
Sri Lanka’s BRICS membership application rejected, NDB membership offered

BRIC's NDB offers alternative source of funding for infrastructure, development projects

Kavinda de Zoysa new chairman of Bank of Ceylon

He most recently served as Director and Country Business Head of Citibank

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
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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

Hatton National Bank March profits up 41-pct

Profits at Sri Lanka's Hatton National Bank group rose 41 percent from a year earlier to Rs3.3 billion in the June 2016 ...

August 11, 2016 1 min read

Sri Lanka to appoint experts to draw 'financial city' law

Sri Lanka's cabinet of ministers had given the go-ahead to appoint two experts to draw up a legal and business framework...

August 10, 2016 1 min read

Sri Lanka starts work on finance company bailout fund

Sri Lanka's cabinet of ministers had given the go ahead to start work on an asset management agency to bail out troubled...

August 10, 2016 1 min read

Sri Lanka's Continental Insurance seeks public listing

Sri Lanka's Continental Insurance has sought a public listing, its holding company Distilleries Corporation of Sri Lanka...

August 10, 2016 1 min read

Sri Lanka's Hela Clothing gets IFC export finance facility

Hela Clothing (Pvt) Ltd, a Sri Lanka-based apparel exporter, will be given credit line against accounts receivable from ...

August 9, 2016 1 min read

Janashakthi expects Rs4.6bn from Sri Lanka flood claims, profits surge

Sri Lanka's Janashakthi Insurance group said profits grew 159 percent from a year earlier to Rs272 million in the quarte...

August 8, 2016 2 min read

Sri Lanka's Commercial Bank to sell 5 to 10-year bonds

Sri Lanka's Commercial Bank of Ceylon will sell up to 7.0 billion rupees of 5 and 10 year subordinated bonds, Fitch Rati...

August 4, 2016 1 min read

Sri Lanka's Sampath Bank to seek US$100mn from syndicated loans

Sri Lanka's Sampath Bank will seek up to $100 million of 3-to-5 year funds this year to meet loan demand and supplement ...

August 4, 2016 1 min read

Sri Lanka bank credit falls in April, May

Sri Lanka's credit from the banking system fell to Rs29.3 billion in March and $44.6 billion in May, down from over Rs10...

August 2, 2016 1 min read

Euromoney names NDBIB ‘Sri Lanka’s Best Investment Bank 2016’

ECONOMYNEXT - NDB Investment Bank, which in 2015 raised Rs60 billion in debt and equity capital for its clients, has bee...

August 1, 2016 2 min read