Banks, Insurers to Assist Sri Lanka’s Cyclone-Affected Communities
The Government is working with banks and insurance companies to support households, SMEs, and businesses affected by Cyclone Ditwah and the recent flooding,
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Government to Merge State Housing Banks with BOC, PB
Sri Lanka’s government is merging HDFC and SMIB with Bank of Ceylon (BOC) and People’s Bank (PB) in a landmark housing finance overhaul.
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SLPA Profit Surge Boosts Treasury, But Capacity Strains Persist
The Sri Lanka Ports Authority (SLPA) will remit Rs. 5 billion to the Consolidated Fund this year,
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Sri Lanka to Issue First Dollar Bond since 2022 Debt Suspension
Sri Lanka will issue a US$50 million Domestic Dollar Bond (DDB) next week,
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Sri Lanka’s Dwindling Reserves Raise Alarm Over $7 Billion IMF Target
Sri Lanka is confronting a growing challenge in meeting its US$7 billion foreign reserve target for 2025, as stipulated under the IMF’s Extended Fund Facility program
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Central Bank Independence Vital for Stability and Recovery – Governor Weerasinghe
News of the day
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Banks Warn of Phishing Scams as Lending Sentiment Rises amid Recovery
Sri Lankan banks have raised fresh red flags over the growing threat of phishing scams targeting online banking users,
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Commercial Bank Becomes First Sri Lankan Bank to Cross USD 1 Billion
The Commercial Bank of Ceylon PLC has become the first Sri Lankan bank to achieve a market capitalisation of over USD 1 billion,
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Public warned over fake banking websites
Local banks have urged customers to remain vigilant as scammers circulate fraudulent links via emails and text messages,
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Central Bank Repays $1.1bn to RBI, IMF as Reserves Remain Stagnant
Sri Lanka’s central bank has repaid over US$1.1 billion in reserve-related debt in the year to March 2025,
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