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Friday November 13th, 2026
Finance

Sri Lanka orders housing loans to be given at prime lending rate

After 5 years AWPR plus 200bp

January 3, 2022 1 min read

Sri Lanka's JKH, Central Finance asks for more time to cut NTB stake

Deadline to cut stake to 20-pct Dec 31

January 3, 2022 1 min read

Sri Lanka central bank controls dollar deposit rates amid currency crisis

To be 150bp below 364-day T-bill yield

January 2, 2022 3 min read

Sri Lanka's Alliance Finance gets second tranche of Dutch dollar credit

The funds will be on-lent to micro, small and medium enterprises

December 26, 2021 1 min read
Sri Lanka construction sector NPLs start to fall from 17.1-pct peak

Construction investment credit is usually one of the big beneficiaries when central banks print money

Sri Lanka bank health improving, but NPLs rising in smaller banks: CB report

NPLs in foreign banks and domestic systemically important banks falling

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
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

Commercial Bank introduces Sri Lankan remittance card

ECONOMYNEXT - Sri Lanka’s Commercial Bank said it had introduced a remittance card licensed by Visa Inc. enabling...

June 27, 2016 1 min read

Sri Lanka's Asian Alliance general insurance unit goes to Fairfax

Sri Lanka's Softologic group has struck a deal to sell general insurance unit of Asian Alliance Insurance to Canada-base...

June 24, 2016 1 min read

Sri Lanka plans to fix finance companies; IMF to help

ECONOMYNEXT - Sri Lanka wants to set up a special purpose vehicle to fix troubled finance companies, with IMF standing b...

June 24, 2016 2 min read

Sri Lanka flood insurance claims top Rs15bn, re-insurance costs to rise

ECONOMYNEXT - Sri Lanka's insurance claims from a recent flood could be around 15.5 billion rupees, which was manageable...

June 23, 2016 3 min read

Sri Lanka's investment in disaster risk insurance gives fast payoff

COLOMBO, June 13 (Thomson Reuters Foundation) - On April 1, the Sri Lankan government paid Rs300 million ($2 million) as...

June 13, 2016 4 min read

ADB support for Sri Lanka small business venture capital fund

ECONOMYNEXT – The Asian Development Bank (ADB) is to help Sri Lanka set up a venture capital fund for small and m...

June 9, 2016 2 min read

Sri Lanka Central Bank spent Rs133mn under former governor on travel

ECONOMYNEXT – Sri Lanka’s Central Bank said the cost of overseas travel and related work by present govern...

June 6, 2016 1 min read

NY Fed first rejected cyber-heist transfers, then moved $81 million

DHAKA/NEW YORK (Reuters) - Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $...

June 5, 2016 5 min read

Sri Lanka's People's Leasing to enter Bangladesh

ECONOMYNEXT - People's Leasing and Finance Plc, Sri Lanka's largest non-bank lender, is entering Bangladesh, with domest...

May 31, 2016 1 min read

Bangladesh panel finds possible insider role in c.bank cyber theft

DHAKA, May 30 (Reuters) - Officials of Bangladesh Bank may have been involved in a brazen theft of $81 million from its ...

May 30, 2016 2 min read