commercial bank

Sri Lanka co-opts its banks (again) to kick start economic growth

The new government wants to get growth back to a level that befits the country’s promise. One key route is a moratorium on loans. The rating agencies loathe the idea, but the country’s leading bankers and economists give a broadly positive assessment.
February 16, 2020

Sri Lanka sees new award winners

2017 was a tough year for financial institutions in Sri Lanka. Despite the lean times, the award winners this year all demonstrated remarkable resilience in a weak market, with the outlook for 2018 looking brighter.
July 05, 2018

Q&A: Commercial Bank's Jegan Durairatnam

The CEO of the country’s largest private sector bank applauds government plans to overhaul exchange control legislation, but is not happy with a proposed financial transactions tax.
November 24, 2016