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.
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.
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.
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.
Banking system liquidity in Sri Lanka rose to LKR 299.5Bn as the rupee appreciated to 334.79 against the US dollar.
Foreign holdings of Sri Lankan government securities rise for a sixth straight week even as equity market outflows persist.
Foreign holdings of Sri Lanka government securities rose 2.14% week-on-week, up nearly 42% since late June, even as equity outflows continue.
Foreign investors posted a LKR 2.36bn net outflow on the CSE, pushing YTD foreign selling past LKR 52bn, even as local turnover rose.
Sri Lanka banking system liquidity climbs to LKR 246.8Bn as foreign holdings of rupee government securities extend weekly gains.
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.
Sri Lanka's 182-day T-bill yield drops 22bps at auction while secondary bond yields hold steady; liquidity expands. Full report.