Sri Lanka

Sri Lanka's fin min denies signing banknotes

Sri Lanka's central bank has been forced to hold back huge quantities of new banknotes because Finance Minister Sarath Amunugama publicly denied signing them, an official said on Thursday 29 July.

Central Bank of Sri Lanka - Annual Report 2003

The Central Bank of Sri Lanka has published its Annual Report for the year ended 2003. In 2003, Sri Lanka's economy recorded a real GDP growth of 5.9 per cent. This growth indicated the progress made by Sri Lanka to improve economic growth and…

Sri Lanka's settlement systems implemented

LogicaCMG has announced that it has successfully implemented the Real Time Gross Settlement (RTGS) System and the Scripless Securities Settlement (SSS) System for the Central Bank of Sri Lanka (CBSL).

Sri Lanka to introduce secure cheque clearance

Sri Lanka is to introduce a secure cheque clearance system before the end of this year to speed up banking services. A government spokesman, reported by the Sri Lanka Daily News, said the system would be an essential of the government's project to…

Central Bank of Sri Lanka - Annual Report 2002

The Central Bank of Sri Lanka has published its Annual Report for the year ended 2002. Notable progress was made on all fronts during 2002, the Annual Report says. The cessation of hostilities and the ongoing peace process brought not only a sense of…

Sri Lanka cb wants anti-money laundering law soon

The governor of Sri Lanka's central bank A.S. Jayawardena told a seminar Thursday that the country should implement anti-money laundering laws as soon as possible to prevent Sri Lanka from being blacklisted by the international community, the Daily News…

Sri Lanka finalising scripless settlement system

The Central Bank of Sri Lanka is in the process of finalising the details of a scripless securities settlement system to be implemented next September, a central bank official said Tuesday.

Central Bank of Sri Lanka signs RTGS deal

Logica announced Wednesday that it has signed a deal worth US$9 million to implement the Real Time Gross Settlement (RTGS) System and the Scripless Securities Settlement (SSS) System for the Central Bank of Sri Lanka (CBSL).

Sri Lankan central bank bomber gets 200 years jail

SRI LANKA - The leader of the Tamil Tiger rebels Velupillai Prabhakaran has been sentenced to 200-years imprisonment today (Thursday) along with three other "LTTE cadres" by the Colombo High Court in connection with the attack on the Central Bank of Sri…

South Asian bankers to discuss clearing issues

SRI LANKA - Amid fears of war between nuclear-armed India and Pakistan, while Sri Lanka struggles for peace, South Asian central bank officials meet this week to improve processes that would boost trade in the region.

Sri Lanka c bank relaxes For Ex curbs

SRI LANKA - Sri Lanka's Central Bank announced 20 August the relaxation of several restrictions on foreign exchange transactions through commercial banks imposed in January, the official Daily News reported on 21 August.

Sri Lanka modernises central bank with support

SRI LANKA - Sri Lanka will boost the effectiveness of the Central Bank of Sri Lanka (CBSL) with support from a US$30.3 million credit just announced by the World Bank. The Central Bank Strengthening Project provides resources and technical assistance to…

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