Asia Asset Finance PLC appointed Justice Sithambarampillai Thurairaja, PC as an Independent Director with Central Bank approval, bringing nearly four decades of legal and judicial experience to strengthen the company's governance.
Company filings and market news from across Sri Lanka's stock market.
Asia Asset Finance PLC appointed Justice Sithambarampillai Thurairaja, PC as an Independent Director with Central Bank approval, bringing nearly four decades of legal and judicial experience to strengthen the company's governance.
LankaRates.com offers a free website that aggregates rates from 60+ banks and finance companies—exchange rates, fixed deposits (including foreign-currency), savings, money market and gold—providing history charts and source-linked, regularly updated figures for easy comparison.
Colombo Stock Exchange closed down on Friday as investor uncertainty over a US–Iran deal weighed on markets; the ASPI fell 0.33% to 22,361.31 and the S&P SL20 fell 0.25% to 6,211.13. Market turnover was Rs 1.8 billion and crossings were recorded in CIC, Singer, NDB, Sampath Bank and Dialog Axiata.
Redington and IBM hosted the IBM Innovation Forum Sri Lanka 2026 on June 5 to promote secure, AI-driven enterprise transformation, featuring panelists from DFCC Bank and Sanasa Development Bank and introducing IBM Bob for enterprise software development.
DFCC Bank has relocated its Ratnapura branch to No. 269, Main Street, Ratnapura, providing a more accessible, spacious and modern facility that continues to offer the bank's full range of products and digital banking services.
Colombo market rose for a second session as the ASPI gained 0.22% to 22,436.14 on turnover above Rs.3.1bn, driven by elevated HNW activity with PKME, Dialog and NDB among top contributors; foreigners were net sellers of Rs.333.3m.
Sarvodaya Development Finance PLC (SDF) became the first Sri Lankan company to receive the MFR Client Protection Certification, awarded at Bronze level. The certification recognises SDF's adherence to client-protection standards (product design, transparency, responsible pricing, complaint resolution) under the Universal Standards.
Sri Lanka's rupee closed at 333.90/334.20 to the US dollar in the spot market, little changed from the prior day, while government bond yields fell across several maturities (notably 2029–2035 maturities showed declines).
Fitch says a rising share of emerging-market sector outlooks are 'deteriorating' as the US–Iran war disrupts oil supplies, explicitly flagging APAC banks in Sri Lanka and the Philippines as hit by the shock. Sovereigns may see spillovers to growth, inflation and bond yields.
Sri Lanka's rupee was quoted at 334.50/335.00 to the US dollar and domestic bond yields fell sharply, with the 15-Feb-2028 note quoted at 10.45/65% (down from 10.50/70%) amid active trading.
Deputy Finance Minister Anil Jayantha Fernando said the rupee’s 7% year-to-date fall, which hit a four-year low of 354 LKR on May 21, is mainly driven by speculation and false information. The Central Bank used $211.3m of reserves in May, hiked the OPR 100bp to 8.75% and shortened the exporters' dollar-conversion window to 30 days.
The U.S. and Iran signed an interim peace deal extending the ceasefire by 60 days, leaving Asian stocks largely steady while oil prices dipped (U.S. crude $75.83, Brent $78.41); investors also digested Fed officials' hawkish comments that lifted yields and shifted market sentiment.
Weekly Treasury Bill auction saw yields fall for the first time in five weeks — the 91-day yield fell 7bp to 10.02% and the auction raised the full Rs.70 billion offered. Secondary bond yields extended their rally, money market surplus was Rs.43.19bn, and USD/LKR closed near 333.5/334.25.
The SEC intensified efforts in 2025 to bring state-owned enterprises to the Colombo Stock Exchange to improve governance, diversify financing and reduce Treasury reliance. It launched 12 reform strategies, established a central counterparty, broadened product offerings (green/sustainability bonds ~Rs54bn) and engaged firms ahead of a CBSL cap on single-borrower exposures.
The Court of Appeal overturned an RTI Commission order requiring the Central Bank to disclose EPF government securities transaction details, ruling such disclosure would harm the EPF's competitive position and is exempt under the RTI Act. The court accepted CBSL's argument that the data could reveal bidding patterns and investment strategies.
The Securities and Exchange Commission has warned that Evolute is allegedly a rebrand of previously flagged schemes Copreus and Gladius and urged investors not to hand over funds for purported foreign stock market investments; the CID and Central Bank have been asked to investigate.
Former depositors of Industrial Finance Ltd (now Lanka Credit & Business Finance PLC) seek regulatory redress, alleging deposits converted into shares at Rs.10 were diluted by a 2021 private placement and share consolidation and lost substantial value. LCBF rejects claims, citing a 2018 acquisition, capital infusions and improved net asset value by listing.
The Central Bank of Sri Lanka has ordered Singhe Capital Investment Ltd and two of its directors to stop accepting public deposits after finding they issued promissory notes and/or commercial papers without authorization between February 2023 and October 2024.
Sarvodaya Development Finance PLC (SDF) became the first Sri Lankan company to receive the Client Protection Certification (Bronze level) from MFR under the Cerise + SPTF methodology, recognising its adherence to client protection standards such as transparency, responsible pricing and complaint resolution.
Visa launched 'Click to Pay' in Sri Lanka, a tokenised one-click online checkout to speed up and secure e-commerce payments. Consumers can enroll cards via email or mobile for faster checkouts while issuers and merchants may see higher card usage and payment success rates.
Deloitte Sri Lanka held a client session 'From Compliance to Capital' emphasising climate disclosure (SLFRS S1/S2), decarbonisation pathways and sustainable finance as tools to strengthen business resilience and improve access to capital across telecoms, financial services, manufacturing and agriculture.
Colombo market edged up as the ASPI rose 0.04% (8.62 pts) to 22,385.91 while the S&P SL20 fell 0.17% to 6,210.72. Turnover was Rs.2.56bn on 107m shares, the banking sector led turnover and foreigners were net sellers of about Rs.12.2m.
Vallibel Finance (VFIN.N0000) opened three new branches in Nelliady, Puthukkudiyiruppu and Kilinochchi on 8–9 June 2026. The branches will provide services including leasing, fixed deposits, gold loans and auto draft facilities backed by modern technology to improve financial access in the Northern Province.
Sri Lanka will stick to a 5% growth target despite the Central Bank's 100bp policy rate hike to 8.75% and falling consumption; Q1 GDP expanded 5.1%. The rate rise, 27% private credit growth and steep fuel price increases are cited as headwinds, while the IMF has cut its growth forecast to 3%.
Sri Lanka's Treasury bill yields for shorter tenors fell at Wednesday's auction and all 70 billion rupees offered were sold. The 3-month yield dropped 7 bps to 10.02% (51.62bn sold), the 6-month fell 11 bps to 10.16% (8.73bn sold) and the 12-month was flat at 10.16% (9.64bn sold).
Secondary government bond market rallied and yields dipped on selected tenors (e.g. 15.12.26 at 10.25%; 15.02.28 ~10.85%). A Treasury Bill auction will offer Rs.70bn (Rs.35bn 91-day, Rs.25bn 182-day, Rs.10bn 364-day); USD/LKR about 334.75/335.50 and call money ~9.21%.
The Central Bank of Sri Lanka has directed Singhe Capital Investment Limited and two named directors to refrain from accepting deposits after finding the firm issued promissory notes/commercial paper in breach of the Finance Business Act.
Free Lawyers Association alleges $2.5m stolen in a Treasury cyber heist was transferred to a Mish Global LLC account at TD Bank USA and has asked President Dissanayake to appoint a Parliamentary Select Committee to probe the matter. The group also flagged discrepancies in loss figures and alleged other irregularities, including an alleged Rs.13.2bn fraud involving National Development Bank.
Manufacturing PMI rose to 56.6 and Services PMI to 56.9 in May, indicating expansion in both sectors. Manufacturing was driven by food & beverages and textiles, while services growth was led by financial, professional services and IT; outlook buoyed by expected tourist arrivals but risks from the Middle East conflict persist.
Nations Trust Bank (NTB) will open subscriptions on 19 June for a Basel III-compliant Tier 2 debenture issue aiming to raise up to Rs. 15 billion (initial Rs. 10bn, option to add Rs. 5bn). Three fixed-rate tenors offer annual coupons of 13.75% (5y), 13.85% (7y) and 13.95% (10y), paid annually.