SLBA Archives - Lanka Business News

June 11, 2025

In a landmark move to enhance cooperation between Sri Lankan financial professionals and their counterparts in the United Arab Emirates, the Association of Professional Bankers – Sri Lanka (APBSL) and the Sri Lanka Bankers Association in the UAE (SLBA-UAE) signed a Memorandum of Understanding (MoU) on 20th May 2025 at the Consulate General of Sri […]

March 27, 2025

As agreed with the Sri Lanka Banks’ Association (Guarantee) Ltd. (SLBA), to provide relief measures to affected SMEs by licensed commercial banks and licensed specialised banks, Circular No. 04 of 2024 dated 19.12.2024, and its addendum, Circular No. 01 of 2025 dated 01.01.2025 were issued by the Central Bank of Sri Lanka to ensure the […]

February 18, 2025

Sri Lanka’s banks have welcomed the maiden budget of the new government, describing it as “positive” and one that seeks to maintain policy consistency, especially on the fiscal path. In a statement, the Sri Lanka Banks’ Association (SLBA), which represents all licensed banks in Sri Lanka, commended the budget proposals presented to Parliament by President […]

November 19, 2024

The Sri Lanka Banks’ Association (SLBA) has congratulated President Anura Kumara Dissanayake on his party’s resounding victory at the Parliamentary election and pledged its support to the new government in the challenging journey ahead. The Association, which represents all licenced banks in Sri Lanka, also noted that its recent interactions with the Presidential Secretariat has […]

September 25, 2024

The Sri Lanka Banks’ Association (SLBA) has congratulated President Anura Kumara Dissanayake on his election to the Presidency and assured him of the fullest support of the banking sector for the challenging journey ahead. In a congratulatory note, the Association, which represents all licenced banks in Sri Lanka, said: “The essential political and social stability […]

June 27, 2024

The Sri Lanka Bank’s Association (SLBA) has rejected a reported recent tirade against banks by two senior lawmakers, describing their remarks as “misconceived, inaccurate, misleading and unhelpful.” The SLBA, which represents all banks licensed by the Central Bank of Sri Lanka (CBSL) including state banks, public listed companies and branch offices of international banks, said […]

March 11, 2024

Colombo, Monday 11th March 2024: The unilateral decision by the government to suspend debt recovery via parate laws is a knee-jerk response to intense lobbying by a few individual defaulters that do not represent the wider business community, and will have a far-reaching negative impact on the banking sector, which functions as the heart and […]

December 22, 2023

Banks exercise their legally-enshrined right to Parate Execution as a last resort, and the overarching objective is the protection of depositors’ funds that have been lent to borrowers, the Sri Lanka Banks Association (SLBA) has said in a statement to the media. Responding to what it termed as lobbying by a group […]

June 21, 2023

Cautions that preserving the status quo of failed borrowers at the expense of depositors is not sustainable Stresses need for development of an effective insolvency regime Discloses that moratoriums, restructurings and other forms of payment relief offered over the last three years exceeds Rs 2 trillion The Sri Lanka Banks Association (SLBA) […]

May 8, 2023

The Sri Lanka Banks Association (Guarantee) Ltd (SLBA) is relieved to note that the apex regulator of the banking industry, the Central Bank of Sri Lanka (CBSL) has assured the banks that the regulatory stance in the on-going Domestic Debt Optimization (DDO) discussions with the diverse stakeholders will be that, the banking sector stability […]

APBSL and SLBA-UAE Forge Strategic Partnership to Strengthen Sri Lankan Banking Professionals’ Global Reach

Relief Measures to Assist the affected Small and Medium Enterprises (SMEs)

Sri Lanka Bank’s Association welcomes budget as “Positive,” stresses importance of implementation

Sri Lanka Banks’ Association reiterates support to new government

Sri Lanka Banks’ Association congratulates new President, assures support for nation building

SLBA rejects “misconceived” diatribe against lending and debt recovery practices of banks

Banks alarmed by suspension of parate process at behest of a few individual defaulters – SLBA

Parate execution is the last resort to protect depositors’ funds – SLBA

SLBA calls for government engagement to facilitate debt recovery process

Sri Lanka Banks’ Association (Guarantee) Ltd Media Release on ‘Priority of Banking Sector Stability Being Re-affirmed’