Central bank independence News

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

Central Bank of Sri Lanka Conducts Nationwide Audit of Financial Institutions Following NDB Fraud.

Following a major financial misappropriation at NDB, the Central Bank of Sri Lanka has confirmed it conducted a comprehensive audit of all banks to ensure no similar systemic irregularities exist elsewhere.

Central Bank Clarifies Role in Government Payments Amid Fraud Concerns.

Central Bank Governor Nandalal Weerasinghe has clarified that the institution acts only as an execution agent for government payments, following controversies regarding a $2.5 million fraudulent debt transaction.

Global Central Banks Navigate Dilemma Amidst Escalating Energy Costs and Economic Stagnation.

Major central banks, including the Federal Reserve and ECB, are holding interest rates steady as global energy prices spike, forcing a difficult balance between inflation control and economic growth.

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

Central Bank Warns Against Complacency Amidst Sri Lanka's Economic Recovery.

European Central Bank Signals Potential Interest Rate Hikes Amid Persistent Inflationary Pressure.

The European Central Bank is signaling a possible interest rate hike as early as next month, driven by inflation concerns, high energy costs, and geopolitical tensions in the Middle East.

Colombia's Finance Minister Attends Central Bank Meeting, Alleviating Political Tension.

European Central Bank Maintains Interest Rates Amid Global Geopolitical Uncertainty.

Sri Lanka’s Economic Recovery Faces Fresh Global Headwinds Amid Middle East Turmoil.

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.

ECB Vice President Advocates for Caution as Geopolitical Risks Mount.

European Central Bank Vice-President Luis de Guindos has urged for a prudent approach to interest rate policy, citing major economic uncertainties arising from regional conflicts and potential energy price shocks.