Sri Lanka’s banking sector faces a paradox: despite ample liquidity, with banks’ liquid assets nearly doubling to 35.25% of ...

In a demanding banking landscape, DFCC Bank said yesterday it has demonstrated resilience and strength, achieving robust ...

Sampath Bank announced its financial results for the year ending 31st December 2024, demonstrating significant growth and ...

Sri Lanka’s banks ... flows being captured in the banking channels. “Increased digitalization of the financial economy would also increase investments from the financial institutions into digital ...

A luxury summer vacation doesn’t have to be expensive if you plan wisely by choosing less popular destinations, using travel ...

The output of solar energy has increased due to the high level of sunlight in the country, and if the trend continues, the ...

Approval rating for Sri Lanka's new government has risen to 62 percent in February 2025, according to a survey conducted by ...

Sri Lanka business activities in the financial services continued to improve supported by increased lending activities according to a Purchasing Managers Index compiled by the central bank.

Decline in Non-Performing Loans (NPLs) The Central Bank of Sri Lanka (CBSL) reported a significant decline in non-performing loans in the third quarter of 2024. The NPL index dropped sharply from 7.2 ...

Net Interest Income - Rs. 12.13 billion, up by 18%Net Fee and Commission Income - Rs. 1.90 billion, up by 24%Operating Profit ...

Sri Lanka’s agreement with the IMF must be ended. The debt claimed by the IMF meets two of the criteria that define an odious ...