Notable
Banks with the approval of the Board of Directors were asked to set guidelines for loan impairment.
The controls had been in place from April 2020 and had had driven liquidity injections and reserve losses
The higher prices have supported loan recoveries from repossession in the near term but may expose firms to price falls
Finance companys face asset quality risks as bad loans rise
In the quarter HNB made provisions of 11.7 billion rupees, down from 13.5 billion rupees.
Credit to government continues to grow
Sri Lanka's bank credit to private sector was a negative 3.3 billion rupees in July 2019, sharply down from a 63 billion...
Sri Lanka has blamed 'structural issues' for high interest rates in the country, as large volumes of money was printed t...
Sri Lanka's Sanasa Development Bank Plc., has joined a program backed by a UN agency that seeks to transform subsistence...
Sri Lanka's Janashakthi Insurance had been able grow gross written premium above the life industry average so far in 20...
The Financial Intelligence Unit (FIU) of Sri Lanka has signed memoranda of understanding (MoUs) with the Condominium Man...
Fitch Ratings said it is confirming ratings of state-run National Savings Bank, Bank of Ceylon and People's Bank with st...
Sri Lanka's Union Bank of Colombo Plc, said that it is in talks with potential investors for 'strategic options' for its...
The European Union has called for minority protection, addressing hate speech and an end to the death penalty as a deleg...
Sri Lankan banks’ profitability is under pressure with an uptick in bad loans, Moody’s rating agency said in a new r...
Over 3,000 persons have benefited from the second phase of the Asian Development Bank's (ADB) small and medium-sized ent...
| Latest | Last | |
|---|---|---|
| US Dollar | 305.1018 | 305.3339 |
| UK Pound | 386.9523 | 387.2371 |
| Euro | 330.8712 | 332.1141 |
| Aus Dollar | 201.0018 | 201.4980 |
| Yen | 2.0266 | 2.0278 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.6453 | 3.5932 |
| Korea Won | 0.2342 | 0.2292 |
| Oman Rial | 780.3569 | 769.4973 |
| Saudi Riyal | 80.1114 | 78.9849 |
| UAE Dirham | 81.7952 | 80.6569 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,573.80 | 1.00% |
| CSE All Share | 9,073.41 | 0.65% |
| Turnover Rs million | 1,591,766,524.95 | 1,029,335,694.32 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 21.72 | 21.79 |
| 6-m bill | 19.55 | 20.31 |
| 12-m bill | 17.72 | 19.28 |
| 5-yr bond | 21.00 | 22.53 |
| 8-yr bond | 19.42 | 20.55 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 13.93 | 14.00 |
| Gilt Repo | 13.50 | 14.00 |
| I-m SLIBOR | - | - |
Sri Lanka's central bank is planning to impose complex price controls on individual banks, as lending rates are not fall...
Sri Lanka will slap price controls on lending if rates do not fall quickly, Central Bank Governor Indrajit Coomaraswamy ...
India's Mahindra Finance has invested 2 billion rupees in equity in Sri Lanka's capital short Ideal Finance Limited to a...
Sri Lanka's Janashakthi Insurance Plc, posted a net profit of 127.2 million rupees for the June quarter, down 5 percent ...
Net profits at Sri Lanka's Nations Trust Bank for the June quarter fell 32 percent to 641.2 million rupees from a year e...
Sri Lanka's central bank has extended by another six months a ban on Pan Asia Banking Corporation's (PABC) primary deale...
Net profits at Commercial Bank Plc, Sri Lanka's largest listed lender fell 10.73 percent to 3.5 billion rupees in the Ju...
An islandwide survey will be conducted to measure the creditworthiness of Sri Lankan households, the central bank said.
Profits at Sri Lanka's National Development Bank group fell 29 percent to 781 million rupees in the June 2019 quarter fr...
Profits at Sri Lanka's Hatton National Bank group, which includes a insurer fell 15 percent to 2.97 billion rupees in th...
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