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Local News

Nations Trust Bank Records Strong Financial Growth in First Quarter of 2026.

May 15, 2026 at 11:54 PM

Nations Trust Bank reported a 12% year-on-year increase in Profit After Tax (PAT) to LKR 4.6 billion for the first quarter of 2026, driven by stable margins and effective risk management.

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Economy
Nigeria Secures First Credit Rating Upgrade in Over a Decade
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Nigeria Secures First Credit Rating Upgrade in Over a Decade.

May 15, 2026 at 8:37 PM
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Finance
Pan Asia Bank Posts Strong Q1 2026 Growth Amidst Global Economic Headwinds
Image Source : srilankachronicle.com

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

May 15, 2026 at 8:40 AM
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Finance

Nations Trust Bank Posts Strong Start to 2026 with 12% Profit Growth.

Nations Trust Bank (NTB) reports a solid 12% growth in Profit After Tax to LKR 4.6 billion for Q1 2026, driven by a 10% increase in loan growth and strategic portfolio expansion, including the acquisition of HSBC's retail business in Sri Lanka.

May 15, 2026 at 3:11 AM
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Economy•
May 12, 2026 at 2:35 AM

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.

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Economy

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

May 10, 2026 at 12:56 PM

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.

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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
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Economy
World Bank Forecasts Massive Energy Price Hike Amid Middle East Conflict
Image Source : dailynewsegypt.com

World Bank Forecasts Massive Energy Price Hike Amid Middle East Conflict.

April 29, 2026 at 8:11 PM
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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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Global Banks Shift Stance on China's Monetary Easing as Policy Outlook Stabilizes
Image Source : investinglive.com
Finance•
April 29, 2026 at 8:18 AM

Global Banks Shift Stance on China's Monetary Easing as Policy Outlook Stabilizes.

Major financial institutions including Goldman Sachs and Nomura have retracted forecasts for immediate monetary easing in China, citing increased confidence from Beijing's leadership regarding current economic growth.

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Economy

Global Central Banks Intensify Gold Accumulation Amid Economic Uncertainty.

April 29, 2026 at 6:12 AM

Central banks worldwide have sustained a multi-year trend of aggressive gold accumulation, driven by geopolitical instability and a strategic desire to reduce dependency on the US dollar.

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Local News
Commercial Bank of Ceylon Receives Prestigious Global Honor for Circular Economy Leadership
Image Source : businesscafe.lk

Commercial Bank of Ceylon Receives Prestigious Global Honor for Circular Economy Leadership.

April 28, 2026 at 4:56 AM
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Technology
Goldman Sachs Executive Kunal Shah on How Junior Talent and AI Are Reshaping Investment Banking
Image Source : riachannel.com

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

April 25, 2026 at 11:04 AM
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Finance
European Regulators Impose Heavy Fines on Global Banks for Forex Cartel Activities
Image Source : ifre.com

European Regulators Impose Heavy Fines on Global Banks for Forex Cartel Activities.

April 21, 2026 at 9:15 AM
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Economy•
April 21, 2026 at 9:07 AM

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.

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Economy

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

April 20, 2026 at 6:12 AM

Fitch Ratings reports that the global credit environment faces mounting risks, driven by geopolitical conflicts, supply chain shocks, and persistent inflationary pressures, despite stable economic growth forecasts.

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Fitch Ratings Warns of Significantly Heightened Risks in Global Credit Landscape
Image Credit : fitchratings.com
Economics
IMF Issues Warning: Middle East Conflict Threatens Global Financial Stability
Image Source : weforum.org

IMF Issues Warning: Middle East Conflict Threatens Global Financial Stability.

April 20, 2026 at 4:30 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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Finance

Swiss National Bank Signals Readiness for Currency Market Intervention.

Swiss National Bank President Martin Schlegel highlights an increased preparedness to intervene in foreign exchange markets to maintain price stability, citing energy-driven inflationary pressures.

April 17, 2026 at 6:53 PM
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Colombo Stock Exchange Analysis: Banking Sector Resilience Amid Global Volatility
Image Source : seylan.lk
Local News•
April 17, 2026 at 12:05 AM

Colombo Stock Exchange Analysis: Banking Sector Resilience Amid Global Volatility.

The Colombo Stock Exchange recently saw mixed performance with banking stocks showing resilience, while the global landscape remains cautious due to energy supply concerns and geopolitical tensions.

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