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Local News

Redefining Ethical Banking: How Janashakthi Finance is Scaling Shariah-Compliant Solutions in Sri Lanka.

May 21, 2026 at 7:13 PM

Janashakthi Finance PLC is expanding its footprint in the alternative finance sector through its dedicated unit, focusing on Shariah-compliant and ESG-aligned financial products for the Sri Lankan market.

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Redefining Ethical Banking: How Janashakthi Finance is Scaling Shariah-Compliant Solutions in Sri Lanka
Image Credit : corporatenews.lk
Local News
Strengthening the Banking Pillar: Essential for Sri Lanka’s Long-Term Economic Resilience
Image Source : dailyexpress.lk

Strengthening the Banking Pillar: Essential for Sri Lanka’s Long-Term Economic Resilience.

May 19, 2026 at 12:22 AM
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Local News

Governance in Crisis: Analyzing the NDB Financial Scandal and Regulatory Silence.

The alleged Rs. 13.2 billion financial discrepancy at the National Development Bank (NDB) has triggered a national debate on institutional accountability, audit failures, and the effectiveness of oversight bodies in Sri Lanka.

May 18, 2026 at 4:45 AM
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Local News
National Savings Bank Launches Nationwide Digital Banking Awareness Campaign
Image Source : lankanewsweb.net

National Savings Bank Launches Nationwide Digital Banking Awareness Campaign.

May 17, 2026 at 12:21 AM
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Commercial Bank Group Hits Historic Rs. 3.5 Trillion Asset Milestone in Q1 2026
Image Source : combank.lk
Local News•
May 15, 2026 at 11:52 PM

Commercial Bank Group Hits Historic Rs. 3.5 Trillion Asset Milestone in Q1 2026.

Commercial Bank of Ceylon PLC has become Sri Lanka's first private sector banking group to surpass Rs. 3.5 trillion in total assets, recording a strong performance in the first quarter of 2026.

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Finance

Commercial Bank Sets Historic Benchmark, Surpassing Rs. 3.5 Trillion in Total Assets.

May 14, 2026 at 1:11 PM

Commercial Bank of Ceylon has achieved a historic milestone by becoming the first private sector banking group in Sri Lanka to exceed Rs. 3.5 trillion in total assets during the first quarter of 2026.

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Commercial Bank Sets Historic Benchmark, Surpassing Rs. 3.5 Trillion in Total Assets
Image Credit : circle.com
Local News
Urgent Need for Financial Oversight: Addressing Recent Lapses in State Fiscal Management
Image Source : ftadviser.com

Urgent Need for Financial Oversight: Addressing Recent Lapses in State Fiscal Management.

May 9, 2026 at 7:19 PM
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Finance
Parliamentary Watchdog Grills Central Bank Over NDB Bank Internal Control Failures
Image Source : ft.lk

Parliamentary Watchdog Grills Central Bank Over NDB Bank Internal Control Failures.

May 8, 2026 at 10:39 AM
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Local News
Uncovering the $2.5 Million Finance Ministry Heist and Subsequent Institutional Crisis
Image Source : buzzer.lk

Uncovering the $2.5 Million Finance Ministry Heist and Subsequent Institutional Crisis.

May 2, 2026 at 7:51 PM
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Local News•
May 2, 2026 at 7:31 PM

A String of High-Stakes Financial Frauds Rock Sri Lanka’s Economic Landscape.

Sri Lanka is grappling with a series of significant financial irregularities, including a massive internal bank fraud and multiple government-level payment security breaches, raising urgent concerns over governance and oversight.

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Business

DFCC Bank and NCCSL Join Forces to Boost Sri Lankan SMEs.

April 30, 2026 at 11:28 AM

DFCC Bank has partnered with the National Chamber of Commerce of Sri Lanka to provide SMEs with enhanced market access, financial literacy, and advisory services, moving beyond traditional lending.

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Finance

People’s Bank Investment Banking Unit Secures Prestigious Global Accolade for 2026.

People's Bank Investment Banking Unit (PBIBU) has been recognized as the Best Investment Bank in Sri Lanka for 2026 by the Global Banking and Finance Review Awards, highlighting its significant contributions to the local financial sector.

April 29, 2026 at 7:59 PM
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Technology

Banking Sector Embraces Artificial Intelligence to Reshape Financial Services.

Financial institutions are rapidly integrating AI to optimize operations, enhance customer onboarding, and improve efficiency ratios, though challenges regarding return on investment persist.

April 29, 2026 at 7:16 PM
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Local News
Government Investigates Duplicate Payments to RDA Contractors
Image Source : themorningtelegraph.com

Government Investigates Duplicate Payments to RDA Contractors.

April 29, 2026 at 9:39 AM
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Goldman Sachs Executive Kunal Shah on How Junior Talent and AI Are Reshaping Investment Banking
Image Source : riachannel.com
Technology•
April 25, 2026 at 11:04 AM

Goldman Sachs Executive Kunal Shah on How Junior Talent and AI Are Reshaping Investment Banking.

Goldman Sachs International co-CEO Kunal Shah discusses the evolving landscape of global finance, emphasizing how AI and tech-savvy junior talent are driving innovation and disrupting traditional banking workflows.

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Economy

Bangladesh Banking Crisis: DCCI Highlights Paradox of Excess Liquidity and Credit Drought.

April 21, 2026 at 9:07 AM

The Dhaka Chamber of Commerce & Industry (DCCI) has warned that despite banks holding record excess liquidity, the private sector, particularly SMEs, is struggling to access credit. Experts call for urgent structural reforms and improved data accuracy to resolve this economic bottleneck.

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Technology
Wall Street’s Multi-Billion Dollar AI Bet: Redefining Banking Survival
Image Source : appinventiv.com

Wall Street’s Multi-Billion Dollar AI Bet: Redefining Banking Survival.

April 20, 2026 at 4:16 AM
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Local News

Nations Trust Bank Poised for Robust Growth Following Strong Financial Performance.

First Capital Research reports that Nations Trust Bank (NTB) is entering a phase of sustainable growth, supported by a clean balance sheet, improved asset quality, and strategic expansion plans including the acquisition of HSBC's retail operations in Sri Lanka.

April 20, 2026 at 12:18 AM
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Local News

Systemic Fragility: Sri Lanka's Struggle with Financial Crime and Data Security.

An analytical look at how weak enforcement and systemic gaps in Sri Lanka's regulatory framework are fueling financial crime and data breaches, threatening national economic stability.

April 19, 2026 at 8:02 PM
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People’s Bank Secures Major Recognition at Best Management Practices Company Awards 2026
Image Source : island.lk
Local News•
April 19, 2026 at 7:16 PM

People’s Bank Secures Major Recognition at Best Management Practices Company Awards 2026.

People’s Bank has been honored as a top performer at the 2026 Best Management Practices Company Awards, securing the top spot in the Public Sector Banking category and earning multiple merit awards.

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