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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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Sri Lanka’s Cargills Bank urges public not to share breached data

  • CNL Reporter
  • April 18, 2025
  • Banking and Financial
  • Cargills Bank
  • 0 Comments

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

  • CNL Reporter
  • April 7, 2025
  • Banking and Financial
  • Central Bank
  • 0 Comments

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

  • CNL Reporter
  • April 7, 2025
  • Banking and Financial
  • Hatton National Bank
  • 0 Comments

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

  • CNL Reporter
  • April 4, 2025
  • Banking and Financial
  • Sri Lanka
  • 0 Comments

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

  • CNL Reporter
  • April 4, 2025
  • Banking and Financial
  • Cargills Bank
  • 0 Comments

Cargills Bank yesterday reassured customers and stakeholders over the recent cyber security infringement.

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S L exchange rate to be flexible, but not so volatile: CB Governor

  • CNL Reporter
  • March 28, 2025
  • Banking and Financial
  • CB Governor
  • 0 Comments

Sri Lanka’s central bank is not for a fixed exchange rate, but a much more ‘predictable’ regime, where investors can take positions, Central Bank Governor Nandalal Weerasinghe said.

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