Tag: CBSL
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CB misappropriates Rs. 235 bn of profit – A daylight scandal on public property?
The Central Bank (CB) has released its Annual Report over the bankrupt economy in 2022. Unlike in the recent past, there was no photo...
Local Commercial Banks reluctant to restructure domestic debt,
Sri Lanka is eying options to re-structure domestic debt, or local law local currency debt (LLLC), without harming the banking sector and announcing them, the International Monetary Fund said in a report.
CB takes stern action against Ponzi scammers resorting to Crypto Fraud
Central Bank has taken action to crack down on Ponzi scammers resorting to Cripto Fraud pilfering billions of rupees from thousands of Sri Lankans
SL Trade deficit narrows significantly in February amid declining imports
Sri Lanka’s deficit in the merchandise trade account witnessed a significant contraction in February, due to a significant moderation in the import expenditure, arising out of the aggregate demand conditions.