CB has necessary instruments to mop up excess liquidity if need arises – Dr....

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The Central Bank of Sri Lanka yesterday (09) defended its money printing and stated that the bank...

People’s Bank collaborates with IDB to support 5,000 MSMEs

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People's Bank has tied up with the Industrial Development Board (IDB) to initiate a programme to develop...

Seylan Banks Hosts Its First Fully Fledged Virtual AGM

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Seylan Bank PLC successfully concluded its 33rd Annual General Meeting on a virtual platform on the 24th of June 2020. The AGM which...

HNB announces exclusive partnership with myfees.lk

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Sri Lanka’s leading private sector bank HNB PLC announced the beginning of an exclusive partnership with the...

Sri Lanka central bank complied with govt directions as allowed by law: Deputy Governor

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Sri Lanka’s central bank had complied with government directions as permitted by available monetary law, central bank officials said, in the wake...

Senkadagala Finance receives USD 25mn facility from a Dutch development bank

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Senkadagala Finance recently announced that it received a US $25 million 5 Year Green Investment Facility from Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO)....

Central Bank cuts SDFR & SLFR by 100 bps to induce further reduction in...

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The Monetary Board of the Central Bank has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility...

Sri Lanka, Swedish firms asked to develop blockchain based KYC

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Sri Lanka’s central bank said it had chosen three parties which includes domestic and Swedish tech companies to develop blockchain based shared...

Committee makes proposals to address irregularities in finance leasing businesses

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The Committee appointed to examine irregularities and illegal activities of the leasing business, recommends short term and...

Sri Lanka says making progress with IMF program, budget support

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Sri Lanka is making progress with a program with the International Monetary Fund with other lenders also joining in with budget support,...

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Sri Lanka attracts US$86mn deposits into Coronavirus accounts

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Sri Lanka’s special foreign exchange deposit accounts with an open call to resident and non-resident individuals as the rupee came under pressure...

UNDP and EU support COVID-19 response of 134 local government authorities

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The United Nations Development Program (UNDP) has provided COVID-19 protective and preventive equipment to 134 Local Government authorities across the Eastern, Northern,...

Central Bank approved more than Rs. 60 billion working capital loans to COVID-19 affected...

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The Central Bank of Sri Lanka (CBSL) approved 22,306 loans amounting to Rs. 60,250 million under the...