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Local News

Central Bank Implements Stricter Loan-to-Value Caps for Vehicles and Gold Credit.

May 25, 2026 at 4:58 AM

The Central Bank of Sri Lanka has introduced new Loan-to-Value (LTV) limits for motor vehicle loans and gold-backed credit to promote financial stability amid volatile market conditions.

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Central Bank Implements Stricter Loan-to-Value Caps for Vehicles and Gold Credit
Image Credit : adaderana.lk
Economy
Thai Corporate Borrowing Surges to Mitigate Geopolitical Risks
Image Source : businesstimes.com.sg

Thai Corporate Borrowing Surges to Mitigate Geopolitical Risks.

May 19, 2026 at 9:57 AM
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Economy
Nigeria Secures First Credit Rating Upgrade in Over a Decade
Image Source : nature.com

Nigeria Secures First Credit Rating Upgrade in Over a Decade.

May 15, 2026 at 8:37 PM
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Technology
Big Tech Shifts to Debt Markets to Fuel Massive AI Infrastructure Ambitions
Image Source : edgen.tech

Big Tech Shifts to Debt Markets to Fuel Massive AI Infrastructure Ambitions.

May 15, 2026 at 4:20 AM
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Sri Lanka’s Sustainable Finance Sector Earns Prestigious International Honors
Image Source : financesone.worldbank.org
Finance•
May 14, 2026 at 4:33 AM

Sri Lanka’s Sustainable Finance Sector Earns Prestigious International Honors.

Sri Lanka’s capital market has gained global recognition at the 2026 Environmental Finance Sustainable Debt Awards for its advancements in Green, Social, Sustainability, and Sustainability-Linked (GSS+) bond issuances. Key financial institutions, including DFCC Bank, Bank of Ceylon, and Commercial Bank, were honored for their innovative sustainable financing strategies.

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Local News

Commercial Bank Launches Major Reward Campaign for Debit Cardholders.

May 12, 2026 at 10:07 AM

Commercial Bank of Ceylon has kicked off its 'Debit Card Challenge 2026', offering over 1,000 prizes worth Rs. 45 million to customers who use their debit cards for routine transactions.

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Commercial Bank Launches Major Reward Campaign for Debit Cardholders
Image Credit : attheraces.com
Finance

Modern Financial Markets Exhibit Higher Discipline Compared to the 1990s Era.

PIMCO's Lotfi Karoui argues that today's financial markets are significantly more disciplined and resilient than they were during the 1990s, offering a comparative perspective on current cross-asset credit dynamics.

May 8, 2026 at 7:24 PM
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Technology
Navigating AI Investments: Strategic Financial Leadership in a Transforming Era
Image Source : businessinsider.com

Navigating AI Investments: Strategic Financial Leadership in a Transforming Era.

May 4, 2026 at 10:07 AM
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Economy

Fitch Ratings Highlights Growing Concerns Over US Debt Levels Compared to Peers.

Fitch Ratings has expressed concerns that the United States is carrying a significantly higher debt burden compared to other nations with an 'AA' credit rating, driven by an expanding fiscal deficit.

April 30, 2026 at 7:31 PM
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Steady Growth in Sri Lanka's Credit Card Usage as Consumer Confidence Holds
Image Source : globalceomag.com
Local News•
April 30, 2026 at 10:49 AM

Steady Growth in Sri Lanka's Credit Card Usage as Consumer Confidence Holds.

Sri Lanka's active credit card base expanded in February 2026, reaching over 2.19 million cards. The data reflects a stable retail credit environment with steady consumer demand for globally accepted payment methods.

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Business

LB Finance Secures $15 Million Funding Boost from Swiss Impact Investor.

April 28, 2026 at 11:31 PM

Sri Lanka’s LB Finance has finalized a $15 million senior debt facility with Switzerland-based Enabling Qapital to boost MSME lending and promote financial inclusion across the nation.

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Local News

Sri Lanka’s CRIB Unveils AI-Driven Digital Credit Rating System.

The Credit Information Bureau of Sri Lanka (CRIB), in collaboration with the Lanka Rating Agency (LRA), has initiated a soft launch for an innovative AI-powered Digital Dynamic Credit Ratings (DDCR) model to enhance credit assessment precision.

April 27, 2026 at 8:33 PM
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Technology

Evolution of Finance: How Human Intelligence Complements AI in Modern Business.

As AI automates routine tasks, finance professionals are shifting toward strategic, data-driven leadership roles, with a focus on human judgment, ethical reasoning, and critical analysis.

April 26, 2026 at 11:32 PM
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Technology

Wall Street Shows Caution as Oracle-Linked Data Center Debt Seeks Investors.

Financial institutions are facing challenges in offloading $14 billion in debt tied to Oracle-supported data center projects as investors demand higher yields amid concerns over risk appetite.

April 24, 2026 at 4:56 PM
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Blackstone CEO Defends Private Credit Amidst Market Volatility
Image Source : forbes.com
Finance•
April 23, 2026 at 4:37 PM

Blackstone CEO Defends Private Credit Amidst Market Volatility.

Blackstone CEO Steve Schwarzman has dismissed concerns over the private credit sector, labeling recent negative sentiment as a disconnect from factual performance. While individual retail investors have sought redemptions, institutional demand remains robust, with the firm recording significant capital inflows.

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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
Oracle Secures Massive $38 Billion Financing to Supercharge AI Infrastructure
Image Source : forbes.com

Oracle Secures Massive $38 Billion Financing to Supercharge AI Infrastructure.

April 21, 2026 at 1:18 AM
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Business

Evolving Finance Roles: How CGMA Qualifications Prepare Professionals for the AI Era.

Venkat Ramanan, Vice President of AICPA and CIMA for Asia Pacific, explains how the CGMA qualification is shifting from traditional accounting to cultivating 'T-shaped' professionals equipped for AI, strategic leadership, and long-term value creation.

April 20, 2026 at 9:51 PM
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Economy
Fitch Ratings Warns of Significantly Heightened Risks in Global Credit Landscape
Image Source : fitchratings.com

Fitch Ratings Warns of Significantly Heightened Risks in Global Credit Landscape.

April 20, 2026 at 6:12 AM
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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.

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