Central Bank Rolls Out Landmark Drive to Boost Financial Literacy in Sri Lanka
In a major step towards empowering Sri Lankans with essential financial knowledge, the Central Bank of Sri Lanka (CBSL) on Wednesday launched a wide-ranging financial literacy initiative.
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Sri Lanka wraps up debt restructure with Hungary
Sri Lanka had signed agreements completing bilateral debt restructuring with Hungary, a Finance Ministry statement said.
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Special interest scheme for FDs of senior citizens from today
The Special Interest Scheme for Senior Citizens, which grants 3% higher interest for 12-month fixed deposits will be in effect from today (01), the Ministry of Finance has announced.
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Sri Lanka Treasury to buy dollars to settle debt and avoid second default
Now that Sri Lanka’s central bank has made a pro-cyclical rate cut as private credit is recovering reminiscent of its actions in 2015, 2018 and second half of 2019,
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MTI Consulting to develop strategic plan for Bank of Bhutan
MTI Consulting, a strategy consultancy said it was engaged to develop a 5-year corporate plan for the Bank of Bhutan, which operates a network of 45 branches in the South Asian nation.
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Govt takes over loans of 2.435 billion US dollars borrowed from state banks by CPC
Sri Lanka’s government has taken over loans of 2.435 billion US dollars borrowed from state banks by state-run
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World Bank approves $150M program to support Sri Lanka’s clean energy transition
The World Bank Group approved a new $150 million program to support Sri Lanka’s move toward clean, reliable, and affordable energy.
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Rajeev Amarasuriya to step down from CBSL Governing Board
Attorney-at-Law Rajeev Amarasuriya is scheduled to conclude his tenure as a member of the Governing Board and
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Senior citizen FD interest rate increases by 3 percent
Sri Lanka will implement a special fixed deposit scheme for senior citizens which offers a 3 percent higher interest rate, Minister Nalinda Jayatissa said.
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Outstanding Credit to Sri Lanka private sector tops Rs. 8.5 t mark
Outstanding credit to the private sector as at the end of April crossed the Rs. 8.5 trillion mark, with lower demand
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