Banking & Finance

DFCC Bank profit falls 17% to Rs.2.33bn in 2Q

DFCC Bank reported a 17 percent year-on-year decline in second-quarter profit to Rs.2.33 billion, as sharply higher operating expenses offset stronger fee income.

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Treasury Market

Banking System Liquidity Expands as Excess Funds Continue to Build

Excess liquidity in Sri Lanka's banking system climbed to LKR 330.9 billion, extending a multi-week trend as short-term yields continued to ease.

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Treasury Market

T-Bill Yields Fall Sharply at Latest Auction, Led by Short-Tenor Rates

Sri Lanka's T-bill yields fell across all tenors at the latest auction, led by a 33bps drop in the 91-day rate, as banking.

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Treasury Market

Banking System Liquidity Expands as Excess Funds Rise to LKR 299.5Bn

Banking system liquidity in Sri Lanka rose to LKR 299.5Bn as the rupee appreciated to 334.79 against the US dollar.

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Treasury Market

Foreign Investors Keep Adding to Sri Lankan Government Securities, Even as Equity Outflows Persist

Foreign holdings of Sri Lankan government securities rise for a sixth straight week even as equity market outflows persist.

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Treasury Market

Foreign Holdings of Government Securities Extend Multi-Week Climb

Foreign holdings of Sri Lanka government securities rose 2.14% week-on-week, up nearly 42% since late June, even as equity outflows continue.

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Treasury Market

Foreign Investors Extend Selldown as Outflows Hit LKR 2.4 Billion

Foreign investors posted a LKR 2.36bn net outflow on the CSE, pushing YTD foreign selling past LKR 52bn, even as local turnover rose.

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Treasury Market

Banking System Liquidity Expands as Foreign Holdings of Government Bonds Rise

Sri Lanka banking system liquidity climbs to LKR 246.8Bn as foreign holdings of rupee government securities extend weekly gains.

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Banking & Finance

Union Bank Appoints Anil Keshary Shah to Board

Union Bank has announced the appointment of Anil Keshary Shah as a Non-Independent Non-Executive Director to its Board of Directors, bringing more than.

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Treasury Market

Short-Term Treasury Bill Yields Ease as 182-Day Rate Drops 22 Basis Points

Sri Lanka's 182-day T-bill yield drops 22bps at auction while secondary bond yields hold steady; liquidity expands. Full report.

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