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Friday November 13th, 2026
Finance

Sri Lanka's LOLC gets nod to buy Kenya micro-financier: report

Exempted from shareholder limits for 4 years

February 9, 2022 2 min read

Sri Lanka finance companies raise Rs12.5bn in new capital

Another 12 companies are in the process of consolidation

January 31, 2022 2 min read

Sri Lanka bank pays China fertilizer firm after court order lifted

Ahead of visit by Chinese minister

January 8, 2022 1 min read

Sri Lanka's Alliance Finance gets US$5mn from EMF Microfinance Fund

After FMO funding

January 4, 2022 1 min read
Sri Lanka banking system risk perceptions improve in 2024, though still negative

Although the net percentage balance increased, it remained in the negative territory

Sri Lanka's Sampath Bank helps finance State Bank of India $750mn loan

Involvement in this syndicated loan aligns with Sampath's strategic objectives to enhance investment portfolio

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
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

Sri Lanka Alliance Finance, Guardian Acuity offer equity, FD investment plan

ECONOMYNEXT – Sri Lanka’s Alliance Finance PLC and Guardian Acuity Asset Management (GAAM) are offering a ...

August 1, 2016 2 min read

Gehan Rajapakse new chief at Sri Lanka's Amana Takaful

Gehan Rajapakse, a senior insurance sector executive, has been appointed chief executive of Amana Takaful, an Islamic in...

August 1, 2016 1 min read

Sri Lanka's Seylan Bank June net flat

Profits at Sri Lanka's Seylan Bank group barely grew 1.04 percent to Rs1,062 million in the June 2016, from a year earli...

August 1, 2016 1 min read

Commercial Credit joins LankaPay common ATM network

ECONOMYNEXT - Commercial Credit & Finance PLC recently joined the LankaPay Common ATM Network linking over 95% of automa...

July 26, 2016 1 min read

Sri Lanka'S NDB aborts move to scrap independent chairman

Sri Lanka's NDB Bank Plc has rolled back an attempt to scrap its mandatory requirement for an independent non-executive ...

July 25, 2016 2 min read

Sri Lanka govt to lend Rs1bn to private plantations for mandated wage hike

The Sri Lankan government is to lend up to a Rs1 billion to private regional plantations companies through two state ban...

July 22, 2016 2 min read

IFC to guarantee export credit by Sri Lanka's Sampath Bank

Washington-based International Finance Corporation will provide full and partial export credit risk guarantees for custo...

July 21, 2016 1 min read

Sri Lanka's bank credit slows in April

Sri Lanka's bank credit private business fell to 27.4 million rupees in April 2016 from 87.8 million rupees, the lowest ...

July 18, 2016 1 min read

Sri Lanka undercapitalized small insurers to be hurt by flood claims: Fitch

Claims from a May 2016 floods in Sri Lanka is manageable for the sector but small insurers who were already undercapital...

July 8, 2016 1 min read

Sri Lanka Amana Takaful Life insurance IPO

ECONOMYNEXT - Amana Takaful Life Ltd. is to make an initial public offering of 50 million shares at Rs1.50 a share, a st...

June 27, 2016 1 min read