By virtue of the powers vested under Section 19 (1) read together with section 19 (2) of the Financial Transactions Reporting Act, No. 06 of 2006 (FTRA), financial penalties are imposed on Institutions for non-compliances with the provisions of the FTRA. The penalty may
Hutchison Telecommunication Lanka (HTL) recently signed a partnership agreement with Allianz Life
The Central Bank of Sri Lanka (CBSL) has observed messages being circulated
Sri Lanka’s Prime Lands Residencies is to raise upto Rs. 2 BN
Proposals have been put forth to transform Sri Lanka’s economy into a
Tier I Capital and Total Capital Adequacy ratios as at 31st March 2022 above regulatory levels at 11.8% and 14.1%, respectively. 32% growth
Assets cross Rs 1.5 Trillion and Advances cross Rs 1 Trillion in 1Q 2022 Capital strong at 15.59% Liquidity high with LAR
The Commercial Bank of Ceylon has become the first bank in Sri Lanka to enable online payments to the Sri Lanka Standards
Total assets cross Rs 2 Tn., first private sector bank to achieve the milestone Mainly influenced by Rupee devaluation, loan book grows
The Commercial Bank of Ceylon has announced it has partnered with several insurance companies to offer special Life and General insurance products
LONDON (Reuters) – U.S. investment bank JPMorgan backed Sri Lanka’s crisis-hit government bonds on Wednesday, saying recent political changes in the country
Central Bank of Sri Lanka (CBSL) has decided to announce a daily trading band for the exchange rate in order to prevent
The Commercial Bank of Ceylon has won the titles of ‘Best Retail Bank Sri Lanka 2022’ and ‘Best Corporate Bank Sri Lanka
The Government of Sri Lanka through Ministry of Finance has published the Request for Proposals (RfPs) from interested parties/ agencies for the
