Tag: Central Bank of Sri Lanka

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More dollars pour into CB’s fund for essential imports 

More dollars are pouring into the fund set up by the Central bank to collect a few dollars more for the use of the...

CB’s Interest rate hike pushes SMEs into near bankruptcy

The sudden interest rate hike excessively by the Central Bank would hit COVID-19 affected small and medium enterprises (SMEs) hard compelling them to declare...

Sri Lanka Central Bank to crack down on illicit money changers 

Sri Lanka’s central bank has banned money changers from selling US dollars above the commercial bank rates as the country grapples from a forex...

CBSL issues new directive on mortgage-backed housing loans

CBSL issues new directive on mortgage-backed housing loans

25 per cent of dollar reserves in commercial banks to be transferred to CBSL

25 per cent of dollar reserves possessed by commercial banks in Sri Lanka must be transferred to the Central Bank of Sri Lanka (CBSL),...

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Some Sri Lankans are so Unforgiving and Merciless 

By Artists  Some Sri Lankans can be remarkably unforgiving, particularly when...

Johnston Anthony Fernando Elected Chairman of ICC Sri Lanka

Johnston Anthony Fernando, a renowned Sri Lankan business leader...

Sri Lanka Chief Justice and Supreme Court Judges Visit Sacred Sanchi Site in India

Sri Lanka’s Chief Justice, Justice Preethi Padman Surasena, together...

CBSL Tightens AML Net as Financial Sector Faces Scrutiny

Sri Lanka’s Central Bank has stepped up enforcement of...

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