TIN to be made mandatory when opening bank accounts
- CNL Reporter
- May 20, 2025
- Banking and Financial
- TIN
- 0 Comments
The Cabinet of Ministers has approved the proposal to initiate necessary amendments to the Inland
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CBSL Chief dismisses 44% tariff on Sri Lankan exports to US
- CNL Reporter
- May 19, 2025
- Banking and Financial
- CBSL
- 0 Comments
Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe last Friday stated that the imposition of a
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Sri Lanka financial VAT surges as taxes overshadow retained profits in banks
- CNL Reporter
- May 17, 2025
- Banking and Financial
- financial VAT
- 0 Comments
Sri Lanka’s collection of financial VAT charged mainly on banks have surged over 400 percent to 40.4 billion rupees
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Sri Lanka, India’s EXIM Bank signs debt restructuring agreements worth USD 930mn
- CNL Reporter
- May 15, 2025
- Banking and Financial
- EXIM Bank
- 0 Comments
The bilateral amendatory agreements have been signed between the Government of Sri Lanka and the Export –
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World Bank provides US$ 1 bn to boost jobs and private sector growth in SL
- CNL Reporter
- May 8, 2025
- Banking and Financial
- World Bank
- 0 Comments
The World Bank Group yesterday announced a major initiative to support job creation and unlock private sector
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Government Revenue Rises 18% amidst High Spending in Early 2025
- CNL Reporter
- May 5, 2025
- Banking and Financial, News
- BoC
- 0 Comments
Sri Lanka’s state revenue rose 18% to Rs. 760.7 billion in the first two months of 2025, driven by increased tax
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Commercial Bank of Ceylon Expands Global Reach with DIFC Office
- CNL Reporter
- May 5, 2025
- Banking and Financial
- Commercial Bank
- 0 Comments
The Commercial Bank of Ceylon is set to strengthen its international presence by opening a Representative Office in the Dubai
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Central Bank transfers some dollar reserves to Switzerland to tackle risk
- CNL Reporter
- May 3, 2025
- Banking and Financial
- Central Bank
- 0 Comments
Sri Lanka has shifted some of the Treasury foreign reserves which were earlier held in the United States into Switzerland in 2024 to manage risk, the central bank said.
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Sri Lanka’s central bank makes Rs274bn profit in 2024
- CNL Reporter
- April 30, 2025
- Banking and Financial
- Sri Lanka’s central bank
- 0 Comments
Sri Lanka’s central bank has made profits of 274 billion rupees, profit in 2024,
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Central Bank generates over Rs. 274 bln profit in 2024
- CNL Reporter
- April 30, 2025
- Banking and Financial
- Central Bank
- 0 Comments
The Central Bank of Sri Lanka (CBSL) has reported a profit of Rs. 274.79 billion for the year 2024, according to its latest financial disclosures.
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