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Tag: central bank

CB takes over ETI Finance, Swarnamahal Financial
BUSINESSMain Story

CB takes over ETI Finance, Swarnamahal Financial

Panel appointed to manage the affairs of both companies Governor says two institutions are illiquid but not insolvent; rules out…

byFaraz Shauketaly03/01/2018
Sri Lanka Election monitor calls on President to make the bond commission report public
BUSINESS

Sri Lanka Election monitor calls on President to make the bond commission report public

An election monitor and an anti-corruption watchdog in Sri Lanka has requested the President Maithripala Sirisena to immediately make the…

byFaraz Shauketaly01/01/2018
President advises CBSL to extend deadline to exchange defaced currency notes
LOCAL

President advises CBSL to extend deadline to exchange defaced currency notes

The Central Bank of Sri Lanka has been advised by  President Maithripala Sirisena to extend the time period given to…

byFaraz Shauketaly31/12/2017
Central Bank Bond Commission report handed over to President
LOCAL

Central Bank Bond Commission report handed over to President

The final report of the Presidential Commission of Inquiry (PCoI) into the Bond Issuance of the Central Bank of Sri…

byFaraz Shauketaly31/12/2017
2017 delivers mixed bag: CB
BUSINESSMain Story

2017 delivers mixed bag: CB

Ratings outlook improved, broad money growth, inflation down, credit growth dips to 15% Investor inflows to securities and stock market good, tightening…

byFaraz Shauketaly29/12/2017
Sri Lanka maintains policy rates as fiscal sector records notable improvements in 2017
BUSINESS

Sri Lanka maintains policy rates as fiscal sector records notable improvements in 2017

Sri Lanka’s Central Bank releasing the monetary policy review on Thursday said environment it has decided to maintain current policy…

byFaraz Shauketaly28/12/201728/12/2017
Swift legal action on Bond scam possible: UPFA
BUSINESSMain Story

Swift legal action on Bond scam possible: UPFA

Says provisions in Evidence Ordinance provide leeway to fast-track legal proceedings and probe headed by AG By Skandha Gunasekara Ahead of…

byFaraz Shauketaly28/12/2017
Sri Lanka has received over $250 Mn for handing over operations of Hambantota Port
BUSINESS

Sri Lanka has received over $250 Mn for handing over operations of Hambantota Port

The Government of Sri Lanka maintains a ‘US Dollar’ account at the Central Bank. This account saw $292.1 Million being…

byFaraz Shauketaly27/12/2017
BONDGATE FALLOUT ACTION AGAINST SOME STARTS
LOCAL

BONDGATE FALLOUT ACTION AGAINST SOME STARTS

The US-based global Chartered Financial Analyst (CFA) Institute is considering professional disciplinary sanctions against at least three of its Sri…

byFaraz Shauketaly19/12/2017
Central Bank not to accept willfully mutilated, altered or defaced currency notes from 31 Dec
BUSINESS

Central Bank not to accept willfully mutilated, altered or defaced currency notes from 31 Dec

The Central Bank of Sri Lanka (CBSL) has drawn the attention of the general public for implementation of its Clean…

byFaraz Shauketaly16/12/2017

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