Debt restructuring : Update from CBSL Governor
An Agreement in Principle (AIP) has been reached with the Official Creditors Committee (OCC) and with the EXIM Bank ofContinue Reading
An Agreement in Principle (AIP) has been reached with the Official Creditors Committee (OCC) and with the EXIM Bank ofContinue Reading
The Central Bank of Sri Lanka (CBSL) has issued a notice outlining the recent development and details concerning Sri Lanka’sContinue Reading
The Central Bank of Sri Lanka says it anticipates a faster and sizeable reduction in overall market lending interest ratesContinue Reading
The Central Bank of Sri Lanka has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing LendingContinue Reading
Sri Lanka’s Official Reserve Assets decreased to USD 3,598 million in August 2023, the Central Bank of Sri Lanka (CBSL)Continue Reading
The Central Bank of Sri Lanka (CBSL) has issued the Financial Consumer Protection Regulations, No. 01 of 2023 in termsContinue Reading
The impact of the appreciation of the Sri Lankan Rupee against the US Dollar will not be felt immediately, GovernorContinue Reading
Interest rates at commercial banks are expected to be reduced by around 2.5%, State Minister of Finance Ranjith Siyambalapitiya announcedContinue Reading
The Central Bank of Sri Lanka (CBSL) has decided to reduce the Standing Deposit Facility Rate (SDFR) and the StandingContinue Reading
The Central Bank of Sri Lanka (CBSL) has issued a new directive to all Licensed Commercial Banks pertaining to cashContinue Reading
Nearly 30 complaints have been received in the last four months with regard to the prohibited pyramid scheme scams, theContinue Reading
According to the central bank of Pakistan’s weekly update, commercial bank funding to federal and provincial governments increased to PKRContinue Reading
Economists sharply cut Sri Lanka’s growth outlook for the rest of the year as curbs on imports and still-limited reservesContinue Reading
The Fort Police has been ordered to investigate the alleged theft of Rs. 5 million from a safe at theContinue Reading
The Monetary Board of the Central Bank of Sri Lanka has decided to maintain the Standing Deposit Facility Rate (SDFR)Continue Reading
The charges filed against former Finance Minister Ravi Karunanayake in connection with two cases at the Colombo High Court overContinue Reading
The deficit in the merchandise trade account narrowed to USD 410 million in January 2023, the Central Bank of SriContinue Reading
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