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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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 yesterday reassured customers and stakeholders over the recent cyber security infringement.
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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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Sri Lanka’s steady credit growth has been reflecting the country’s economic recovery, Central Bank Governor Nandalal Weerasinghe said.
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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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Can regain access possibly in two years Debt-for-Nature Swaps preferred over Green Bonds
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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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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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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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