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Friday November 13th, 2026
Finance

Sri Lanka's LB Finance 'A-(lka)' rating confirmed

Finance companys face asset quality risks as bad loans rise

September 13, 2021 5 min read

Sri Lanka's Senkadagala Finance 'BBB+(lka)' rating confirmed, outlook stable

The firm had made provisions and reported lower than industry NPLs

September 12, 2021 4 min read

Sri Lanka central bank recognizes Lanka Rating Agency

Capital requirements are calculated on ratings

September 10, 2021 1 min read

Sri Lanka slaps 100-pct LC margin to discourage consumer imports amid money printing

Chocolates, spaghetti, apple juice, wine, oats, soya milk, dairy goods, lipsticks, carpets, coats anoraks

September 9, 2021 2 min read
Companies interested in green bonds, but lack clarity on execution: CSE

“As we explore the commercialization of green bonds, we have identified a significant interest among companies.

Sri Lanka's Commercial Bank liquidates money transfer unit in Italy

all procedures related to the liquidation of its subsidiary Commex Sri Lanka S R L in Italy have been completed

Sri Lanka to re-insure domestic re-insurer NITF

ECONOMYNEXT - Sri Lanka will seek international re-insurance for the National Insurance Trust Fund, a domestic state-con...

December 18, 2015 1 min read

Sri Lanka's People's Insurance Rs750mn IPO oversubscribed

ECONOMYNEXT - An initial public offer by Sri Lanka's People's Insurance Plc, a unit of listed People's Leasing, of 50 mi...

December 16, 2015 2 min read

Sri Lanka motor insurance growth seen slowing next year

ECONOMYNEXT – Rapid growth in Sri Lanka’s motor insurance sector is expected to slow down next year with t...

December 15, 2015 1 min read

Sri Lanka to revisit budget moves that harm banks amid strike threat

ECONOMYNEXT - Sri Lanka's Prime Minister Ranil Wickramasinghe said the administration is willing to consider alternative...

December 14, 2015 2 min read

Sri Lanka insurers stable despite rule changes, more transparency: Fitch

ECONOMYNEXT – Sri Lanka’s insurance sector is expected by Fitch Ratings to stay stable despite uncertainty...

December 14, 2015 2 min read

Sri Lanka bank credit soars to new historic high amid heavy money printing

ECONOMYNEXT - Sri Lanka's bank credit to private sector, state enterprises and central government had soared to a new hi...

December 9, 2015 2 min read

Insurance seen replacing subsidies in Sri Lanka

ECONOMYNEXT – New insurance products could replace unsustainable subsidies in Sri Lanka which have failed to adeq...

December 7, 2015 2 min read

Sri Lanka's People's Insurance Plc in Rs750mn IPO

ECONOMYNEXT - Sri Lanka's People's Insurance Plc, a unit of listed People's Leasing is selling 50 million shares at 15 r...

December 3, 2015 1 min read

Sri Lanka LB Finance gets 'A-(lka)' Fitch rating

ECONOMYNEXT - Fitch Ratings said it has assigned LB Finance PLC a National Long-Term Rating at 'A-(lka)' with a Stable O...

December 2, 2015 3 min read

Sri Lanka banks hit by tax hikes, leasing ban, possible deposit drain

ECONOMYNEXT - Sri Lanka's commercial banks could be hit by a triple whammy of higher corporate and deemed value added ta...

November 30, 2015 3 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 Janashakthi Insurance develops life insurance for HIV

ECONOMYNEXT - Sri Lanka's Janashakthi Insurance said it had developed a life insurance cover for those diagnosed with HI...

November 30, 2015 2 min read

Sri Lanka banks to benefit from curbs on pawning and consumer finance: Moody's

ECONOMYNEXT - Sri Lanka's budget proposal to limit gold-backed credit (pawning) to five percent of will reduce the risk ...

November 30, 2015 2 min read

Concerns rise over Sri Lanka's risky interventionist moves to coerce banks

ECONOMYNEXT - Concerns are rising that Sri Lanka's interventionist proposal to ban leasing from banks, made without evid...

November 28, 2015 5 min read

Sri Lanka to expropriate money in dormant bank accounts

ECONOMYNEXT - Sri Lanka's budget for 2016 had proposed the expropriation of money lying in dormant bank accounts from Ja...

November 25, 2015 1 min read

Fitch confirms Standard Chartered Sri Lanka Branch at 'AAA(lka)'

ECONOMYNEXT - Fitch Ratings Lanka has confirmed Standard Chartered Bank, Sri Lanka Branch's (SCBSL) National Long-Term R...

November 13, 2015 2 min read

Sri Lanka's NDB Bank net down 32-pct in Sept

ECONOMYNEXT - Profits at Sri Lanka's NDB Bank fell 32 percent to 843 million rupees amid slow loan growth and falling in...

November 13, 2015 1 min read

Sri Lanka's HNB net up 6-pct in Sept quarter

ECONOMYNEXT - Profits at Sri Lanka's Hatton National Bank group rose 6 percent to 2.6 billion rupees in the September 20...

November 13, 2015 2 min read

Sri Lanka restricts revocation of deeds of gift

ECONOMYNEXT – Sri Lanka is to amend the law and restrict revocation of deeds of gift to provide greater security ...

November 12, 2015 1 min read

Sri Lanka receive US$450mn after 'Swiss bank' move: Finance Minister

ECONOMYNEXT - Sri Lanka's banks have received 450 million US dollars from overseas after accountholders at Swiss banks w...

November 12, 2015 1 min read

Bonds losses trim Sri Lanka NTB’s Sept quarter profit

ECONOMYNEXT – Nations Trust Bank (NTB) said group net profit for the September 2015 quarter fell 18 percent to 68...

November 11, 2015 2 min read
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