Licensed Banks to come under requirements to implement Recovery plans
Sri Lanka’s Licensed Banks come under requirements to implement Recovery plans in order to strengthen crisis preparedness and to enhance…
Tag: Central Bank
CB expects foreign inflows from its domestic and foreign counterparts
The Central Bank (CB) says it’s in negotiations with its domestic and foreign counterparts to boost the level of foreign…
Central Bank Promotes Yvette Fernando, Dhammika Nanayakkara as Deputy Governors
The Central Bank (CB) announced that Yvette Fernando, Dhammika Nanayakkara promoted as Deputy Governors to fill the positions vacated by…
Financial Regulators to face dilemma once the withdrawal from Covid-19 measures begins
The Financial Regulators across the World will face a dilemma once the withdrawal from Covid-19 measures begins as to how…
SriLanka’s foreign Reserves falls to record low levels
Sri Lanka’s gross foreign reserves fell to $5.54 billion, the lowest levels seen since April 2017. Amidst, COVID-19 infused crisis,…
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…
Central Bank defers repayment plans submitted by two illegal Finance Companies to depositors’ liabilities
The Monetary Board of the Central Bank (CB) has thrown out the time-bound repayment plans submitted by two illegal Finance…