• Fri. Oct 22nd, 2021

Banking

  • Home
  • Outstanding foreign currency borrowings by Sri Lanka’s banks up for the first time in a year

Outstanding foreign currency borrowings by Sri Lanka’s banks up for the first time in a year

The outstanding foreign currency borrowings of Sri Lanka’s banking sector rose for the first time in a year in the second quarter(2Q2021) in the line with the Central Bank of…

CSE listed firms posts record earnings for December Quarter

The Earnings of Colombo Stock Exchange (CSE) listed firms rose by 33% percent Year-on-Year (YoY) to Rs 88.6 billion in December quarter maintaining the growth momentum for the second straight…

Justice K. Sripavan appointed as the New Commercial Bank Chairman

The Board of Directors of Commercial Bank green-lighted the appointment of Justice K. Sripavan as the New Chairman of the Bank with effect from 21st of this month, upon the…

ICICI Bank exits Sri Lanka

India-based ICICI ┬ábank has shut down its offshore unit in Sri Lanka after securing approval from the country’s Central Bank (CB) last week. “The Monetary Board of the Central Bank…