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.
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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,
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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.
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Sri Lanka’s government has taken over loans of 2.435 billion US dollars borrowed from state banks by state-run
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The World Bank Group approved a new $150 million program to support Sri Lanka’s move toward clean, reliable, and affordable energy.
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Attorney-at-Law Rajeev Amarasuriya is scheduled to conclude his tenure as a member of the Governing Board and
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Sri Lanka will implement a special fixed deposit scheme for senior citizens which offers a 3 percent higher interest rate, Minister Nalinda Jayatissa said.
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Outstanding credit to the private sector as at the end of April crossed the Rs. 8.5 trillion mark, with lower demand
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A new explainer titled “Factcheck.lk reservations on Sri Lanka’s reporting of foreign reserves” reveals that the official foreign reserves figure reported by Sri Lanka is overstated by approximately USD 1.4 billion,
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Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe has acknowledged the strong
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