Banking

1 min read

• Economy
• Finance
• News

Corporate Earnings Nosedives to a 3-Year Low, but the banking sector posted a remarkable growth

1 year ago Author

Corporate earnings have reported consecutive YoY degrowth, in this June quarter with macroeconomic challenges pushing earnings to a 3-year low...

1 min read

• Economy

Sri Lanka’s Central Bank to introduce an integrated financial consumer protection framework

2 years ago Author

Having recognized the need to institutionalize financial consumer protection in the delivery ofservices by financial institutions regulated by the Central...

2 min read

• Economy
• Macroeconomy
• News

Borrowers can negotiate interest rates on their loans with Banks for a grace period – CBSL

2 years ago Author

The Governor of the Central Bank of Sri Lanka (CBSL)Dr. P. Nandalal Weerasinghe stated in Parliament that customers who have...

1 min read

• Economy
• Finance
• News

Nihal Fonseka Returns to Monetary Board of CBSL

3 years ago Author

The Parliamentary Council decided to concur with the recommendation to appoint Anthony Nihal Fonseka as a member of the Monetary...

2 min read

• Economy
• Finance
• News

World Bank expects a sizeable deterioration in Sri Lankan banks asset quality

3 years ago Author

With the phaseout of moratoriums and other relief measures, World Bank (WB) expects a sizeable deterioration in the asset quality...

2 min read

• Banking
• Finance
• News

Amana Bank crosses Rs. 100B Milestone in Deposits

3 years ago Author

Amana Bank crossed the Rs. 100 billion milestones in Customer Deposits as of Q1 2022 thereby becoming one of the...

1 min read

• Equity
• Finance
• Industry
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Sarath Rangamuwa Promotes to Pan Asia Bank Top Position

4 years ago Author

Sarath Bandara Rangamuwa has been promoted to the top spot of Sri Lanka's Pan Asia Banking Corporation PLC with effect...