Borrowers see little relief as lending rates remain elevated
Borrowers see little relief as lending rates remain elevated despite a modest decline in benchmark lending rates, as higher borrowing costs continue to.
Economics
Economics
LKR remains 8% weaker against dollar
LKR remains 8% weaker against dollar, according to the latest data, as Sri Lanka’s currency continued to face pressure from rising import demand.
- June 30, 2026
Finance
Sri Lanka’s central bank warns against Singhe Capital Investment
Sri Lanka’s central bank warns against Singhe Capital Investment after an investigation found the company had allegedly accepted public deposits in violation of.
- June 18, 2026
Finance
Sri Lanka’s NDB reports Rs13.2bn internal fraud loss
Sri Lanka’s NDB says loss from internal fraud Rs13.2bn, a disclosure that has sent ripples through the banking sector while the lender reassures.
- April 6, 2026
Business
CBSL approves BOC GM/CEO appointment
CBSL approves BOC GM/CEO appointment, formally confirming Y.A. Jayathilaka as the General Manager and Chief Executive Officer of the Bank of Ceylon, marking.
- March 5, 2026