May 23, 2018 (LBO) – Sri Lanka's Central bank issuing a statement has clarified a misleading news item has been disseminated in relation to Sri …
May 22, Colombo: Sri Lanka’s Central Bank today clarifying the status of the country’s gross official reserves said not only borrowings but also the debt …
ECONOMYNEXT – Sri Lanka’s troubled ETI Finance Limited has been ordered to make an interim repayments of 10 percent of deposits amounting …
The Central Bank noted that the increase in traffic, mostly by low occupancy vehicles like cars, had been rapid, and resulted in heavy traffic congestion, wasting time and financial resources of the country while increasing pollution levels. The total …
With the rapid growth in Financial Technology (FinTech) innovations in the country, the Payments and Settlements Department of the Central Bank of Sri Lanka has identified the need to provide an environment that nurtures and promotes their advancement …
May 02, 2018 (LBO) – Sri Lanka’s Central Bank said recent indicators reflect positive sentiment expressed by external foreign parties regarding the performance of the Sri Lankan economy and its prospects. Central Bank’s response came at a time when serious concerns have been expressed regarding …
Apr 20, Colombo: Interpol has issued a red notice, a request to locate and provisionally arrest, Sri Lanka’s former Central Bank governor Arjuna Mahendran who is a suspect of the Central Bank bond scam. “International police today issued a red notice for former Central Bank governor Arjuna …
Mahendran was appointed Sri Lanka’s Central Bank governor by President Maithripala Sirisena in January 2015, before the alleged bond scam took place. Mahendran however resigned a year later. A presidential commission, who was investigating the alleged scam, in a report accused Mahendran of …
Mar 30, Colombo: The Central Bank of Sri Lanka (CBSL) said it has decided to continue the service of exchange of willfully mutilated, altered and defaced currency notes from CBSL until further notice. The Bank said decision was taken considering the im…
In an Extraordinary Gazette issued today, President moved Central Bank of Sri Lanka and the Securities and Exchange Commission (SEC) of Sri Lanka which were under the National Policies and Economic Affairs Ministry headed by the Prime Minister Ranil Wi…