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Sinhala

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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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 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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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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