Banking and Financial Archives - Page 2 of 11

Sri Lanka’s workers’ remittances exceed USD 600 mn in June

Sri Lanka has received USD 635.7 million in workers’ remittances in June 2025, according to the latest figures released by the Central Bank of Sri Lanka (CBSL).

SL Revenue Management Information System to be upgraded

CNL Reporter
July 11, 2025
Banking and Financial
SL
0 Comments

Sri Lanka has focused on addressing technical glitches in the current Revenue Administration Management

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.

Sri Lanka wraps up debt restructure with Hungary

CNL Reporter
July 4, 2025
Banking and Financial, News
Sri Lanka
0 Comments

Sri Lanka had signed agreements completing bilateral debt restructuring with Hungary, a Finance Ministry statement said.

Special interest scheme for FDs of senior citizens from today

CNL Reporter
July 1, 2025
Banking and Financial, News
FDs
0 Comments

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.

Sri Lanka Treasury to buy dollars to settle debt and avoid second default

CNL Reporter
June 30, 2025
Banking and Financial, Political
dollars
0 Comments

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,

MTI Consulting to develop strategic plan for Bank of Bhutan

CNL Reporter
June 26, 2025
Banking and Financial
Bhutan
0 Comments

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.