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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.

9 sources

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

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Local News

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

May 19, 2026 at 12:22 AM

10 sources

Local News

Image Source : lankanewsweb.net

National Savings Bank Launches Nationwide Digital Banking Awareness Campaign.

May 17, 2026 at 12:21 AM

7 sources

Local News

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

May 15, 2026 at 11:52 PM

10 sources

Pan Asia Bank Posts Strong Q1 2026 Growth Amidst Global Economic Headwinds

Image Source : srilankachronicle.com

Finance•

May 15, 2026 at 8:40 AM

Pan Asia Bank Posts Strong Q1 2026 Growth Amidst Global Economic Headwinds.

Pan Asia Bank has reported a resilient performance for the first quarter of 2026, achieving a 13% rise in Profit Before Tax to Rs. 1.65 billion, driven by record growth in deposits and advances.

7 sources

Economy

Bank of Canada Highlights AI as a Crucial Driver for Future Productivity.

May 13, 2026 at 3:58 PM

The Bank of Canada expects artificial intelligence to eventually bolster national productivity, though officials caution that widespread economic gains will take time to materialize as adoption remains sector-specific.

16 sources

Bank of Canada Highlights AI as a Crucial Driver for Future Productivity

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Economy

Syria Reconnects with Global Financial Systems Through Visa and Mastercard Integration.

Syria has officially authorized local banks to collaborate with Visa and Mastercard, ending a 15-year isolation from global payment networks as part of a strategic effort to revitalize its economy.

May 12, 2026 at 2:35 AM

10 sources

Local News

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People’s Bank Spearheads Digital Payment Revolution to Advance Cash-Lite Economy.

May 10, 2026 at 12:01 AM

10 sources

Local News

Commercial Bank of Ceylon Retains ‘Best Bank in Sri Lanka’ Title for 24th Consecutive Year.

Commercial Bank of Ceylon has been named the 'Best Bank in Sri Lanka' by Global Finance for the 24th time, highlighting its sustained financial stability and leadership in the local banking sector.

May 5, 2026 at 8:36 AM

10 sources

Australia’s Reserve Bank Maintains Hawkish Stance Amid Global Monetary Policy Divergence

Image Source : investinglive.com

Economy•

May 3, 2026 at 9:25 PM

Australia’s Reserve Bank Maintains Hawkish Stance Amid Global Monetary Policy Divergence.

The Reserve Bank of Australia (RBA) continues to distinguish itself from global counterparts by leaning towards further interest rate hikes, defying the prevailing trend of central banks opting for policy pauses.

14 sources

Local News

Hopes Fade for Recovery of Rs. 13.2 Billion Lost in Major NDB Bank Fraud.

May 2, 2026 at 7:33 PM

Financial experts and banking officials suggest that recovering the Rs. 13.2 billion lost in the recent NDB fraud is highly unlikely due to the funds being converted into untraceable cryptocurrency. The situation has raised concerns regarding regulatory oversight and potential repercussions from the Financial Action Task Force (FATF).

8 sources

Hopes Fade for Recovery of Rs. 13.2 Billion Lost in Major NDB Bank Fraud

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Business

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

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.

April 30, 2026 at 11:28 AM

19 sources

Finance

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Commercial Bank Launches Nationwide Drive to Expand LankaPay JCB Debit Card Adoption.

April 30, 2026 at 10:34 AM

10 sources

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

7 sources

Technology•

April 29, 2026 at 7:16 PM

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.

16 sources

Technology

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

April 25, 2026 at 11:04 AM

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.

8 sources

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

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Finance

Image Source : lankabusinessnews.com

Seylan Bank Launches Interest-Free Salary Advance Scheme for Professionals.

April 24, 2026 at 3:13 AM

15 sources

Economy

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

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.

April 21, 2026 at 9:07 AM

14 sources

Local News

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Sri Lanka’s State Banking Giants Report Record-Breaking Financial Success for 2025.

April 21, 2026 at 2:58 AM

18 sources

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

Image Source : appinventiv.com

Technology•

April 20, 2026 at 4:16 AM

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

Major Wall Street banks are investing billions in AI to drive productivity and bolster cybersecurity. As the industry shifts toward 'Agentic AI,' executives face increasing pressure to prove the ROI of these massive technological expenditures.

8 sources