Cargills Bank profit slips despite stronger core income
Cargills Bank reported a 3 percent decline in second-quarter profit to Rs.75.8 million, despite stronger lending income and fee-based revenue, as higher costs,.
Banking & Finance
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.
- August 17, 2026
Forex Market
HNB Profit Rises 20.4% on Stronger Lending Income
HNB recorded a 20.4% increase in standalone profit after tax in the second quarter of 2026, supported by stronger lending income and trading.
- August 14, 2026
Finance
Sampath Bank Reports Rs 16.6 Bn Profit in H1 2026
Sampath Bank reported a Profit After Tax of Rs 16.6 billion for the six months ended June 30, 2026, marking a 13% year-on-year.
- August 14, 2026
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.
- August 13, 2026
Finance
Commercial Bank Port City Colombo Branch Agreement Signed
Commercial Bank Port City Colombo expansion plans advanced significantly after the bank became one of the first financial institutions in Sri Lanka to.
- May 25, 2026
Finance
Sri Lanka to amend State Mortgage and Investment Bank Act
Sri Lanka to amend State Mortgage and Investment Bank Act after the cabinet of ministers approved a proposal aimed at modernizing the legal.
- May 12, 2026
Finance
HSBC Takes Best of SL Global with Lotus Tower Branding
HSBC takes best of SL global with a renewed strategic direction aimed at showcasing Sri Lanka’s strengths to international markets, marked symbolically by.
- May 11, 2026
Finance
NDB appoints Deloitte India for forensic probe
NDB appoints Deloitte India for forensic probe as the bank intensifies its response to a major internal fraud incident, drawing heightened regulatory scrutiny.
- April 24, 2026
Finance
CBSL to push bank consolidation if industry moves too slow
CBSL to push bank consolidation if industry moves too slow as regulators intensify efforts to strengthen financial stability and competitiveness within Sri Lanka’s.
- April 7, 2026