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Sri Lanka Gains Global Backing at WB/IMF Annual Meetings

  • CNL Reporter
  • October 22, 2025
  • Banking and Financial, News
  • WB/IMF
  • 0 Comments

Sri Lanka secured international support for its economic recovery and investment drive during the 2025 Annual Meetings of the IMF and World Bank Group in Washington D.C. Led by CBSL Governor Dr. Nandalal Weerasinghe,

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Sri Lanka’s Dwindling Reserves Raise Alarm Over $7 Billion IMF Target

  • CNL Reporter
  • September 1, 2025
  • Banking and Financial, News
  • Sri Lanka
  • 0 Comments

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

  • CNL Reporter
  • August 30, 2025
  • Banking and Financial, News
  • Central Bank I
  • 0 Comments

News of the day

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Banks Warn of Phishing Scams as Lending Sentiment Rises amid Recovery

  • CNL Reporter
  • August 30, 2025
  • Banking and Financial, News
  • Phishing Scams
  • 0 Comments

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

  • CNL Reporter
  • August 30, 2025
  • Banking and Financial, News
  • Commercial Bank
  • 0 Comments

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

  • CNL Reporter
  • August 29, 2025
  • Banking and Financial, News
  • banking websites
  • 0 Comments

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

  • CNL Reporter
  • August 28, 2025
  • Banking and Financial, News
  • Central Bank
  • 0 Comments

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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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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