Swiss National Bank moves closer towards digital assets
The Bank for International Settlements’ (BIS) Innovation Hub joined the Swiss National Bank (SNB) and financial infrastructure operator, SIX, in…
Category: Banking and Insurance
Sri Lanka’s banks to show reluctance to absorb their subsidiary Finance Firms – Fitch Ratings
Sri Lanka’s banks would be reluctant to absorb their finance and leasing companies (FLC) due to the significant difference between their…
First Capital Research predicts a 50% chance for a policy rate cut
First Capital Research predicted a 50% chance for a policy rate cut by the Central Bank (CB) at its upcoming…
ComBank POS cashless payment volumes show exponential growth
Point-of-Sale (POS) terminals deployed by the Commercial Bank of Ceylon at retail outlets across Sri Lanka have shown exponential growth…