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Sinhala

People’s Bank records an all-time-high Profit before Tax in 1H 2025

  • CNL Reporter
  • August 28, 2025
  • Banking and Financial, News
  • People’s Bank
  • 0 Comments

People’s Bank yesterday said it reported an all-time-high Profit before Tax (PBT) of Rs. 28 billion in the first half of 2025.

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National Audit (Amendment) Bill to give Auditor General more powers

  • CNL Reporter
  • August 24, 2025
  • Banking and Financial, Political
  • Auditor General
  • 0 Comments

The Parliament Secretariat yesterday said the National Audit (Amendment) Bill scheduled to be debated in Parliament received the approval of the Sectoral Oversight Committee on Governance,

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Sri Lanka’s MetroCorp raises stake in NDB

  • CNL Reporter
  • August 21, 2025
  • Banking and Financial, News
  • MetroCorp
  • 0 Comments

Sri Lanka’s MetroCorp, which has interests in office automation, renewable energy, leisure and infrastructure, has raised its stake in National Development Bank to 4.7 percent,

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CBSL says deflation to end in 3Q 2025

  • CNL Reporter
  • August 17, 2025
  • Banking and Financial, News
  • CBSL
  • 0 Comments

The Central Bank of Sri Lanka (CBSL) on Friday said it projected Sri Lanka’s economy to grow 4.5% in 2025,

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Sri Lanka Banks Post Strong Profits on the back of Economic Stability

  • CNL Reporter
  • August 16, 2025
  • Banking and Financial
  • Sri Lanka Banks
  • 0 Comments

Sri Lanka’s banking sector has turned in a momentous performance so far this year with both state-owned and private lenders reporting sharp profit gains on the back of easing interest rates,

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Sri Lanka’s central bank expects economy to grow by 4.5% in 2025

  • CNL Reporter
  • August 16, 2025
  • Banking and Financial, News
  • Central Bank
  • 0 Comments

Sri Lanka’s economy will grow by 4.5% this year, the central bank said in a monetary policy report on Friday, despite some risks to the island nation’s recovery from U.S. tariffs.

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Sri Lanka targets 4–5% GDP growth in medium to long-term

  • CNL Reporter
  • August 15, 2025
  • Banking and Financial, News
  • Governor of the Central Bank
  • 0 Comments

Sri Lanka is striving to achieve 4–5% GDP growth in the medium to long-term in comparison to the baseline requirement of 3% set by the International Monetary Board (IMF) to achieve debt sustainability,

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Sri Lanka’s Remittances Surge 23% in July amid growth in Labour Migration

  • CNL Reporter
  • August 11, 2025
  • Banking and Financial, News
  • Sri Lanka’s Remittances
  • 0 Comments

Sri Lanka’s official worker remittances rose 23% year-on-year to US $697.3 million in July 2025,

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Sri Lanka foreign reserves marginally up in July to US$6.1bn

  • CNL Reporter
  • August 9, 2025
  • Banking and Financial, Sports
  • Sri Lanka
  • 0 Comments

Sri Lanka’s gross foreign reserves edged up by 64 million US dollars in July 2025 to 6,144 million US dollars,

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Central Bank aims to boost daily digital payments by 30%

  • CNL Reporter
  • August 1, 2025
  • Banking and Financial
  • Central Bank
  • 0 Comments

The Central Bank of Sri Lanka (CBSL) plans to increase the daily digital payment volume by about 30%, a senior official said during a public event promoting digital transactions.

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