Government Revenue Rises 18% amidst High Spending in Early 2025
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
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
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
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
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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Sri Lanka’s Cargills Bank urges public not to share breached data
Sri Lanka’s Cargills Bank, which faced a cybersecurity breach that led to sensitive information being leaked, has asked that already compromised data not be shared.
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Sri Lanka central bank buys US$401mn from banks in March 2025
Sri Lanka’s central bank bought 401.9 million US dollars in March 2025, after weak collections in the previous two months amid a credit spike, official data shows.
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HNB abandons Bangladesh move
Hatton National Bank has decided to not proceed with the acquisition of the Bangladesh operations of Bank Alfalah. The decision was made at a special meeting of the HNB Board on 2 April.
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No takers for Sri Lanka treasury bills offered on tap
There were no subscriptions for Sri Lanka treasury bills offered on tap at average rates of 7.59%, 7.91%, and 8.31% the state debt office said.
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Cargills Bank reassures customers over hacking incident
Cargills Bank yesterday reassured customers and stakeholders over the recent cyber security infringement.
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