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.
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.
NDB Bank Reports Q1 2026 Results Amidst Significant Fraud Adjustments.
National Development Bank (NDB) has announced its Q1 2026 results, acknowledging a total internal fraud impact of LKR 13.20 billion. The bank has restated prior years' financial statements to reflect the losses, while reporting a 15.3% growth in gross income.
Why Unit Trusts Remain a Reliable Hedge Against Market Volatility.
The Unit Trust Association of Sri Lanka emphasizes that disciplined investment through unit trusts remains a strategic approach for wealth preservation amidst global economic volatility and market fluctuations.








