Search results
Results from the WOW.Com Content Network
The Common Electronic Fund Transfer Switch (CEFTS) is a fully automated paperless fund transfer system which allows instantaneous fund transfers between member banks. [1] CEFTS is a real-time interbank fund transferring method and it is a vital integral part of Sri Lanka's trusted national payment network, which is operated by Lanka Clear under ...
The Sri Lanka Interbank Payment System, commonly known as SLIPS, is a LKR-only online interbank payment and fund transfer system in Sri Lanka. [1] [2]SLIPS is owned by LankaClear, an organization owned by the Central Bank of Sri Lanka and all Licensed Commercial Banks operating in Sri Lanka, with 47.19% of shares held by the CBSL and State owned commercial banks, and 52.81% by other private banks.
The Sri Lanka Interbank Payment System (or SLIPS in short) is the largest account-to-account fund transfer network in Sri Lanka. [2] Created by LankaClear, it enables member banks to carry out same-day transfers of up to Rs. 5 million, in a secure paperless process. [3] [4]
The CSE trades 296 companies representing 20 business sectors, as of 25 January 2021, with a combined market capitalization of 3,699 billion Sri Lankan rupees. [ 1 ] On 1 September 2021, turnover surpassed 14 billion and the All Share Price Index (ASPI) surpassed 9000 points for the first time when it closed at a record high of 9,163.13 points.
The Central Bank of Sri Lanka (abbr. CBSL; Sinhala: ශ්රී ලංකා මහ බැංකුව, romanized: Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023, the CBSL is a body ...
The Central Bank of Sri Lanka has issued commemorative coins since 1957. On 15 December 2010, to mark the 60th Anniversary, the Central Bank of Sri Lanka issued a frosted proof crown size multi-colour silver commemorative coin in the denomination of Rs. 5,000/-. It was the first multi-colour coin issued by the Central Bank.
Out of the 53 awards won, the bank won the Bank of the Year 2019 award from the UK based The Banker magazine as well as the award for the Best Bank in Sri Lanka 2019 from the US-based Global Finance magazine. The bank was rated as the strongest bank brand in Sri Lanka for the years 2020 and 2021 according to the statistics unveiled by Brand ...
In March 2021, the ICRA Lanka Limited reaffirmed the credit rating of Sri Lanka Savings Bank to BBB− with immediate effect. [ 4 ] Sri Lanka Savings Bank generated a Profit After Tax amounting to Rs. 445 million for the financial year ending 31 December 2022 and the bank recorded a significant increase in Profit After Tax by 74 percent from ...