ECONOMYNEXT – Bad loans in Sri Lanka’s banking sector have ... as money was printed for rate cuts The central bank also injects money through dollar rupee swaps, as the Lebanon central bank did ...

ECONOMYNEXT – Sri Lanka’s foreign exchange revenue from tourism rose to $354 million in March, rising 4.6 percent compared to the same month last year, the central bank said, quoting tourism promotion ...

The digital transformation follows Sri Lanka’s broader adoption of digital identity initiatives, including the recent implementation of India’s DigiLocker system. Bank of Ceylon (BOC ... loan services ...

(Bloomberg) — Sri Lanka’s central bank governor said monetary policy is “appropriate” right now, as the South Asian nation’s economy and inflation are moving in line with their goals. The monetary ...

COLOMBO : Sri Lanka's central bank kept its key policy rate unchanged for a second consecutive meeting on Wednesday to underpin the island nation's economic recovery from its worst financial ...

Above: [Dr. P Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka presenting the Annual Economic Review 2024 to President Anura Kumara Dissanayake. Dr. N S Kumanayake, Secretary to the ...

Mumbai: Deposit rates may begin to come down starting April as lenders move to protect margins, at a time of easing credit demand and expectations of another repo rate cut. Most banks did not ...

While Kenya retained the first spot in global tea exports, India surpassed Sri Lanka to take the second spot. Kenya exported over 500 Mkg of tea in 2024. In 2023, India and Sri Lanka were neck-in ...

The Bangladesh Bank (BB) has drafted a Deposit Protection Ordinance, proposing a maximum payout of Tk 2 lakh per depositor if a bank undergoes liquidation. The limit will be reviewed every three ...