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The National Development Bank PLC (commonly referred to as NDB Bank) is a Sri Lankan banking and financial services institution, headquartered in Colombo, Sri Lanka. Having begun operations as a state-owned development finance institution in 1979. In January 1979, the predecessor of National Development Bank PLC (“NDB” or “Bank”) was ...
Company Name Symbol B P P L Holdings: CSE: BPPL.N0000: Bairaha Farms: CSE: BFL.N0000: Balangoda Plantations: CSE: BALA.N0000: Bansei Royal Resorts Hikkaduwa: CSE: BRR ...
The Sri Lankan economic crisis[ 8] is an ongoing crisis in Sri Lanka that started in 2019. [ 9] It is the country's worst economic crisis since its independence in 1948. [ 9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities ...
The All Share Price Index is one of the principal stock indices of the Colombo Stock Exchange in Sri Lanka. ASPI measures the movement of share prices of all listed companies. It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market ...
The Citizens Development Business Finance was incorporated as a public limited company on 7 September 1995 and it is listed at the Colombo Stock Exchange. [5] The company is licensed by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act no 42 of 2011. As of 2019, the company has about 71 branches across the country.
The Central Bank of Sri Lanka is the monetary authority of Sri Lanka and was established in 1950. The Central Bank is responsible for the conduct of monetary policy in the country and also has supervisory powers over the financial system. [143] The Colombo Stock Exchange (CSE) is the main stock exchange in Sri Lanka. It is one of the most ...
The Sri Lankan Rupee ( Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents ( Sinhala: සත, Tamil: சதம் ), but cents are rarely seen in circulation due to its low value. It is issued ...
Licensed Specialised Banks. Housing Development Finance Corporation Bank of Sri Lanka (HDFC) National Savings Bank. Regional Development Bank (Pradheshiya Sanwardhana Bank) Sanasa Development Bank. Sri Lanka Savings Bank. State Mortgage and Investment Bank.