Segment generally profitable in recent years due to relatively low claim incidence, though there were claims in 2022

The bank is offering debentures at 100 rupees each, for tenures of 5 years, 7 years and 10 years.

Concerns have been raised about "predatory lending"

CB considering legal action against registered limited liability companies using personal bank accounts for tax evasion

"There are a lot of banks that have reduced, but not to the extent that we hoped. We are closely monitoring the banks"

People ask 'what's the year end exchange rate or interest rate? It is something that you don't want to even guess at

Working with international payment aps to allow foreigners to make transaction through Lanka QR

Since June, private credit has expanded 248 billion rupees

ISB restructuring is the single largest short-to-medium term issue the industry is having

Business Revival Units in licensed banks to strengthen their role in the recovery of businesses, SMEs, corporates