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'BOC takes highest rank for a Sri Lankan bank' – The Island

Bank of Ceylon, Sri Lanka’s No. 1 banking brand was once again listed among the world’s top 1,000 banks listing, with a ranking of 800, up 53 places from the previous year, making BOC the highest ranked Sri Lankan bank in the listing’s history, a BOC press release said.The release added: ‘Highlighting the Bank’s capital […]

Sri-lanka , Central-bank , Government-institutions , Licensed-banks , Affected-borrowers-amidst ,

SLT-MOBITEL discusses Sri Lanka's enterprise investment potential with top-ranking US officials – The Island

SLT-MOBITEL discusses Sri Lanka's enterprise investment potential with top-ranking US officials – The Island
island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.

Sri-lanka , Central-bank , Government-institutions , Licensed-banks , Affected-borrowers-amidst ,

SLI declares highest life insurance bonus of Rs.9.8bn

Total bonus declaration for life policyholders since 2005 tops Rs. 83 billion Sri Lanka Insurance declared the largest life insurance bonus to be declared in the country amounting to a staggering Rs. 9.8 billion for 2021 to its life insurance policyholders, an SLI press release said. The 2021 bonus declaration increases to the total of […]

Sri-lanka , Central-bank , Government-institutions , Licensed-banks , Affected-borrowers-amidst ,

Day of fluctuating fortunes at CSE but both indices rise

By Hiran H.Senewiratne In a day of fluctuating fortunes, at the beginning of operations yesterday the stock market was positive, by mid-day it turned negative but later recovered, stock market analysts said.In the international arena, the European Union Central Bank is likely to do an interest rate hike soon. Besides, the high temperature levels experienced […]

Sri-lanka , Central-bank , Government-institutions , Licensed-banks , Affected-borrowers-amidst ,

Concessions to affected borrowers of licensed banks amidst prevailing extraordinary macroeconomic circumstances

With the outbreak of the COVID-19 pandemic, the Central Bank of Sri Lanka (CBSL) has introduced several concessionary schemes since March 2020, to assist affected borrowers. Such concessions include concessionary debt moratoriums, loan restructuring/rescheduling, suspension of recovery actions, low-cost working capital loans and waivers of fees and charges for certain banking transactions. These concessions were […]

Sri-lanka , Central-bank , Government-institutions , Licensed-banks , Affected-borrowers-amidst ,

Concessions to Affected Borrowers of Licensed Banks amidst the Prevailing Extraordinary Macroeconomic Circumstances - Adaderana Biz English

Concessions to Affected Borrowers of Licensed Banks amidst the Prevailing Extraordinary Macroeconomic Circumstances - Adaderana Biz English
bizenglish.adaderana.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizenglish.adaderana.lk Daily Mail and Mail on Sunday newspapers.

Sri-lanka , Department-of-the-central-bank , Central-bank , Government-institutions , Standing-lending-facility-rate , Financial-consumer-relations , Licensed-banks , Affected-borrowers-amidst ,

Sri Lanka money changer suspended for paying more rupees for dollars

Sri Lanka's central bank said it had suspended a money changer for giving premiums above
the bank rate to customers.

Sri-lanka , Foreign-exchange , Communications-department , Central-bank , Foreign-exchange-act-no , Prasanna-money-exchange , Prasanna-money-exchange-pvt-ltd , Licensed-banks , Money-changing , Authorized-money-changers , Foreign-exchange-act

Rules on conversion of export proceeds do not apply to workers' remittances: CBSL – The Island

It is not mandatory for Sri Lankans working abroad to convert their remittances into Sri Lanka rupees, the Central Bank of Sri Lanka (CBSL) stated on Saturday, quashing rumours that CBSL rules require converting the entirety of workers’ remittances forcibly into Sri Lanka rupees (LKR) upon the receipt of such foreign exchange funds by the […]

Bangladesh , Thailand , India , Pakistan , Sri-lanka , Sri-lankans , Central-bank , Sri-lanka-development-bonds-sldbs , Licensed-banks , Inward-worker , Sri-lanka-development-bonds

Not mandatory for worker remittances to convert into LKR; CBSL asks banks to strictly adhere to rules

Central Bank emphasizes that it is not mandatory for Sri Lankans working abroad to convert their remittances into LKR and migrant workers who channel their earnings through Licensed Banks and other formal channels may even hold such funds in foreign exchange at any commercial bank.

Releasing a st

Sri-lanka , Sri-lankans , Central-bank , Sri-lanka-development-bonds-sldbs , Licensed-banks , Sri-lanka-development-bonds , Sri-lanka-business-news , Ri-lanka-finance-news , Conomy , Usiness , Bo

Rules on conversion of export proceeds do not apply to workers' remittances - CBSL

Rules on conversion of export proceeds do not apply to workers' remittances - CBSL Hiru News Most visited website in Sri Lanka,Sri Lanka Latest news updates from Sri Lanka. Sri Lanka News updates and discussions. Welcome to the No1 online news Site for Sri Lankans. A Rayynor Silva Holdings Company

Bangladesh , Thailand , India , Pakistan , Sri-lanka , Sri-lankans , Central-bank , Sri-lanka-development-bonds-sldbs , Sri-lanka-rupees , Licensed-banks , Inward-worker