Category : Banking and Finance

ComBank enables seamless account opening through enhanced self-onboarding platform

Commercial Bank has enhanced its Self-Onboarding Platform, enabling customers in Sri ...

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CBSL tightens LTV ratios for vehicle loans from today

The Central Bank of Sri Lanka has introduced new Loan-to-Value (LTV) limits, reducing...

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CBSL caps gold-backed loans at 70% LTV

The Central Bank of Sri Lanka has imposed a 70% loan-to-value cap on gold-backed loan...

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SL fuel import costs could rise 40-45% in next 3 months

A new economic outlook report warns that Sri Lanka could face higher fuel import cost...

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Commercial Bank among the first banks to partner with Port City Colombo to open a branch

Commercial Bank of Ceylon has signed an agreement to establish a fully-fledged branch...

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Exchange rate: SL will avoid reactive intervention: Minister

Sri Lankan rupee continues to depreciate against the US dollar, raising concerns over...

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LKR slumps as Asia’s worst-performing currency this month

The Sri Lankan rupee has been reported as the worst-performing currency in Asia, rais...

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Multilateral aid: Govt expects $ 700 m IMF tranche on 27 May

Sri Lanka expects to receive a $700 million IMF tranche later this month while also s...

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