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Sri Lanka credit growth reflects economic recovery

  • CNL Reporter
  • March 28, 2025
  • Banking and Financial
  • Sri Lanka
  • 0 Comments

Sri Lanka’s steady credit growth has been reflecting the country’s economic recovery, Central Bank Governor Nandalal Weerasinghe said.

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SMEs urged to apply for CBSL relief measures before 31 March deadline

  • CNL Reporter
  • March 28, 2025
  • Banking and Financial
  • SMEs urged to apply for CBSL relief measures before 31 March deadline
  • 0 Comments

The Central Bank of Sri Lanka (CBSL) this week urged borrowers to avail themselves of relief measures introduced to support small and medium-sized enterprises (SMEs) before the March 31, 2025 deadline.

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No need to raise funds from global debt markets even in 2028: CB Governor

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

Can regain access possibly in two years Debt-for-Nature Swaps preferred over Green Bonds

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Standard Chartered group to exit wealth & retail banking business in SL

  • CNL Reporter
  • March 27, 2025
  • Banking and Financial
  • Standard Chartered group to exit wealth & retail banking business in SL
  • 0 Comments

Standard Chartered Group, as a part of its strategy, said it is exploring the sale of its Wealth & Retail Banking (WRB) business in Sri Lanka, subject to regulatory approvals.

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Central Bank keeps policy rate unchanged amid economic recovery

  • CNL Reporter
  • March 26, 2025
  • Banking and Financial
  • Central Bank keeps policy rate unchanged amid economic recovery
  • 0 Comments

The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate (OPR) at 8.00%,

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ADB to help Sri Lanka sell thematic green bonds, draw social impact investors

  • CNL Reporter
  • March 22, 2025
  • Banking and Financial
  • ADB to help Sri Lanka sell thematic green bonds, draw social impact investors
  • 0 Comments

The Asian Development Bank will help Sri Lanka sell ‘thematic’ debt securities, taking one step beyond the initial green bonds that have already been sold by some,

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New active credit cards increased to 10,540 in January 2025

  • CNL Reporter
  • March 18, 2025
  • Banking and Financial
  • New active credit cards
  • 0 Comments

New active credit cards in Sri Lanka increased by 10,540 in January this year, the central bank data showed,

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Foreign exchange matching platform debuts in Sri Lanka

  • CNL Reporter
  • March 10, 2025
  • Banking and Financial
  • Foreign exchange matching platform debuts in Sri Lanka
  • 0 Comments

New initiative to enhance price discovery, promote greater transparency and efficiency in domestic FX market

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Worker remittances exceed US$ 1.1mn as of February

  • CNL Reporter
  • March 10, 2025
  • Banking and Financial
  • Worker remittances exceed US$ 1.1mn as of February
  • 0 Comments

Money sent home by Sri Lankans working abroad extended its growth through February,

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SEC and Central Bank warn public of rising investment schemes

  • CNL Reporter
  • March 6, 2025
  • Banking and Financial
  • Central Bank
  • 0 Comments

The Securities and Exchange Commission of Sri Lanka (SEC) has recently raised concerns about a growing trend of investment schemes promoting offshore market opportunities.

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