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Sri Lanka

CBSL, FinMin remain silent while credit card interest rates soar

More than 1.9 million credit card holders are suffering due to the Central Bank of Sri Lanka (CBSL) and the Ministry of Finance...

Business

BoC accused of driving entrepreneurs away

President Anura Kumara Dissanayake has decided to investigate complaints of corrupt and irregular practices of certain top management officials of the Bank of...

Business

Fitch upgrades 10 Sri Lankan banks’ national ratings

Fitch Ratings has upgraded the National Long-Term Ratings of 10 Sri Lankan banks following the recent sovereign upgrade and recalibration of the agency’s...