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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 ...
In early April President Gotabaya Rajapaksa offered the post of Governor of the Central Bank of Sri Lanka to Weerasinghe and he accepted the position. [17] [18] He assumed his duties as CBSL governor as of 7 April 2022. [19] He replaced Ajith Nivard Cabraal as his successor to become the 17th governor of the Central Bank of Sri Lanka. [20]
The Governor of the Central Bank of Sri Lanka (CBSL) functions as the chief executive of the Sri Lankan central bank. The post is the ex-officio chairperson of the Monetary Board of Central Bank of Sri Lanka. Since its establishment in 1950, the CBSL has been headed by sixteen governors. The governor has two deputies and several assistant ...
LankaClear (formerly National Cheque Clearing House) is the largest payments infrastructure provider in Sri Lanka.Established in February 2002, the organization is owned by the Central Bank of Sri Lanka (CBSL) and all CBSL-licensed commercial banks in the country.
The General Direction No 01 of 2018 as per the Monetary Board of the Central Bank of Sri Lanka under section 44 of the Payment and Settlement Systems Act No 28 of 2005 came into immediate effect as of 25 July 2018 implies to the operations of the Common Electronic Fund Transfer Switch, Lanka Clear (Pvt) Ltd and members of CEFTS. [8]
It is one of the prominent institutes which carry out banking courses for the students and it is closely associated with Central Bank of Sri Lanka. The institute was formally established as the Bankers' Training Institute in 1964 by the Central Bank of Sri Lanka. Bankers' Training Institute was reincorporated in 1979 as Institute of Bankers of ...
Deshamanya Weligamage Don Lakshman (commonly known as W. D. Lakshman) popularly known as Professor W. D. Lakshman is a Sri Lankan economist, professor, lecturer, academic and author who also served as the 15th Governor of the Central Bank of Sri Lanka and current chairman of the Monetary Board of the CBSL.
Following the 2015 presidential election, he resigned on 9 January 2015 so that the new President of Sri Lanka can appoint a new Governor of the Central Bank of Sri Lanka. He was accused of financial misappropriation following investment in Greek sovereign bonds which resulted in a major loss to the government during his first term. [14]