Category : Banking and Finance
CBSL tightens LTV ratios for vehicle loans from today
The Central Bank of Sri Lanka has introduced new Loan-to-Value (LTV) limits, reducing...
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...
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...
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...
Exchange rate: SL will avoid reactive intervention: Minister
Sri Lankan rupee continues to depreciate against the US dollar, raising concerns over...
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...
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...
IMF Executive Board to review Sri Lanka programme next week
The IMF Executive Board will review Sri Lanka’s Extended Fund Facility programme on M...