Finance

Fitch Upgrades Habib Bank Sri Lanka to ‘AA-(lka)’ with Stable Outlook

Fitch Ratings has upgraded the national long-term rating of Habib Bank Limited – Sri Lanka Branch (HBLSL) to ‘AA-(lka)’, up from ‘A(lka)’. The.

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Bond Yields

Sri Lanka Rupee Opens Flat; Bond Yields and Stocks Steady

Sri Lanka’s rupee opened flat at 299.50/70 against the US dollar on Tuesday, according to dealers. Bond yields remained largely steady, while stocks.

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Stock Market

Sri Lanka Stocks Close Higher, John Keells Experiences Foreign Selling

The Colombo Stock Exchange closed higher on Tuesday, as indicated by data on its site. The broader All Share Index rose by 0.37.

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Bond Yields

Sri Lankan Rupee Closes Stronger at 302.10/20 Against USD

Sri Lanka’s rupee strengthened on Tuesday, closing at 302.10/20 to the US dollar, an improvement from Monday’s close of 302.30/43, according to dealers..

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Economics

Sri Lanka Owes Banks Rs88bn for Past Senior Citizen Interest Subsidies; New Scheme Announced

Sri Lanka’s banks are still owed 88 billion rupees for interest subsidies paid to senior citizens in the past, according to State Minister.

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Industry Analysis

Nations Trust Bank to Raise Rs. 10 Billion Through Debentures

Nations Trust Bank PLC has announced plans to raise Rs. 10 billion via a listed debenture issue. The Board has resolved to issue.

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