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Published on Apr 26, 2025

State banks’ capital vulnerable despite profit gains: Fitch

Fitch Ratings expects Sri Lanka’s state banks to continue to report weaker regulatory capital ratios than systemically important private banks, despite significantly higher profitability. This is due mainly to a large portion of state banks’ profits being …

Source: The Island - Center-left
Published on Apr 25, 2025

SL reaches IMF staff-level agreement on fourth review

Says most end-March quantitative targets for which data is available were met Asserts continuous structural benchmark on cost-recovery electricity pricing remains not met Points out inflation remains below Monetary Policy Consultation target band …

Source: Daily Mirror - Pending
Published on Apr 25, 2025

Sri Lanka reaches IMF staff level deal, review after electricity price hike

ECONOMYNEXT – The International Monetary Fudn said it had reached a staff level agreement for the next phase of the program and approval of the fourth review, amid global uncertainty on Trump tariffs and subject to raising electricity tariffs cut by the …

Source: EconomyNext - Neutral
Published on Apr 25, 2025

IMF Reaches Staff-Level Agreement on Fourth Review under EFF with Sri Lanka; Global Trade Policy Uncertainty Poses Risks

IMF staff and the Sri Lankan authorities have reached staff-level agreement on economic policies to conclude the Fourth Review of Sri Lanka’s reform program supported by the IMF’s Extended Fund Facility. Once the review is approved by the IMF Executive …

Source: Lanka Business Online - Indeterminate
Published on Apr 25, 2025

Sri Lanka’s Hayleys to sell up to Rs7bn in 5-year listed debt

ECONOMYNEXT – Sri Lanka’s banks have been asked to keep a 15 percent reserve of foreign exchange loans to the government, including newly restructured bonds and loans, where state banks had a bigger exposures, Fitch Ratings said. “The Central Bank of Sri …

Source: EconomyNext - Neutral
Published on Apr 25, 2025

SL state banks' capital vulnerable despite profit gains: Fitch

Fitch Ratings expects Sri Lanka's state banks to continue to report weaker regulatory capital ratios than systemically important private banks, despite significantly higher profitability. This is due mainly to a large portion of state banks’ profits …

Source: The Morning - Pending
Published on Apr 25, 2025

Ceylon Tea conquers Libya: Exports leap 416%

In a world where every strong cuppa tells a unique story, Sri Lanka’s famed Ceylon Tea continues to carve its legacy – one cup at a time. The latest tea export figures for March 2025 reveal a tale of resilience, with total shipments rising to 23.43 million …

Source: The Island - Center-left
Published on Apr 24, 2025

Sri Lanka Accelerates Shift to E-Money to Tackle Informal Financial Activity

By: Staff Writer April 24, Colombo (LNW): Sri Lanka is fast-tracking its transition to electronic money and digital transactions in a bid to curb the extensive informal financial sector. With around 45% of the nation’s financial activity taking place …

Source: Lanka News Web - Pending
Published on Apr 24, 2025

Trump’s trade policy. A new economic model for the world? Country risk assessment and policy integration are critical to ...

Article’s purpose and background The purpose of this article is to present a conceptual line of thoughts on the possibility of evolving a balanced trade-based economic management model in the world in response to the new trade policy being implemented by …

Source: Lanka News Web - Pending
Published on Apr 24, 2025

Parate execution: Expiry of suspension and the way forward

Genuine borrowers with justifiable concerns, I repeat, should not have any fear The Government previously announced the suspension of “parate action” which was in existence will not be extended beyond 31 March 2025. This has now been confirmed by the …

Source: Daily FT - Pending
Published on Apr 24, 2025

Phase 1 undersubscribed for 5th straight week; rates record mixed results

Secondary bond market yields ease marginally Rupee steady By Wealth Trust Securities The weekly Treasury bill auction conducted yesterday went undersubscribed at its 1st phase for a fifth consecutive week, raising 83.15% or Rs. 95.62 billion of the total …

Source: Daily FT - Pending
Published on Apr 23, 2025

Sri Lanka Post is long overdue for a tech overhaul

As of late, there have been numerous conversations about Sri Lanka Post, particularly regarding the impact of GovPay on the institution. The United Postal Trade Unions Front (UPTUF) has criticized the recent move to facilitate fine payments for online …

Source: ReadMe - Neutral
Published on Apr 23, 2025

PCIA elects new office bearers for 2025/2026

The Executive Committee for Payment Card Industry Association (PCIA) was selected at their Annual General Meeting held on 3 April. Ashan Wikramanayake was elected Chairman of PCIA for the year 2025/26. Office Bearers were also selected for the …

Source: Daily Mirror - Pending
Published on Apr 22, 2025

Secondary bond market activity picks up ahead of weekly T-bill auction

Rupee continues to depreciate By Wealth Trust Securities The secondary bond market continued to be in a state of consolidation with largely range-bound trading being observed. However, the market activity and transaction volumes were seen picking up …

Source: Daily FT - Pending

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Published on April 26, 2025 - 22:20 GMT

The $68 Trillion Wealth Shift Signals Urgent Opportunity for Banks to Embrace Impact Investing

DoLand Pro empowers banks and family offices with real-time, transparent impact reports to meet the demands of next-gen sustainable investors COPENHAGEN, DENMARK, April 26, 2025 /⁨EINPresswire.com⁩/ -- A massive shift in global wealth is underway, and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 24, 2025 - 22:37 GMT

Federal Reserve Board announces the withdrawal of guidance for banks related to their crypto-asset and dollar token ...

April 24, 2025 Federal Reserve Board announces the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related changes to its expectations for these activities For release at 5:30 p.m. EDT The Federal Reserve …

Distribution channels: Banking, Finance & Investment Industry

Published on April 26, 2025 - 16:38 GMT

Food prices matter most: sensitive household inflation expectations

By Nikoleta Anesti, Vania Esady and Matthew Naylor We construct a novel data set to investigate the sensitivity of household inflation expectations to personal experienced inflation, testing whether households weigh price changes differently across items …

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Published on April 23, 2025 - 12:30 GMT

River Valley Community Bancorp Brings Local Banking to Roseville

YUBA CITY, Calif., April 23, 2025 (GLOBE NEWSWIRE) -- River Valley Community Bancorp (OTC Markets: RVCB) is excited to announce it has received regulatory approval to proceed with opening a new, full-service branch in Roseville, California. The Bank’s …

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Published on April 23, 2025 - 12:00 GMT

Hanover Bancorp, Inc. Reports First Quarter 2025 Results Highlighted by Accelerated Margin Expansion, Improved Credit ...

First Quarter Performance Highlights Net Income: Net income for the quarter ended March 31, 2025 totaled $1.5 million or $0.20 per diluted share (including Series A preferred shares). Adjusted (non-GAAP) net income (excluding core system conversion …

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Published on April 26, 2025 - 11:54 GMT

Best Online Casinos UK 2025: JACKBIT Rated As Top UK Casino Site

LARNACA, Cyprus, April 26, 2025 (GLOBE NEWSWIRE) -- The UK online gambling scene is thriving in 2025, with players seeking platforms that offer security, variety, and fast payouts. Amidst a sea of options, JACKBIT Casino stands out as the best online …

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Published on April 22, 2025 - 19:33 GMT

Oak Valley Community Bank Announces Commercial Banking Officer Hiring

OAKDALE, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), is pleased to announce that Mark Kisting has joined the organization as Vice President, Commercial Banking …

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Published on April 25, 2025 - 11:24 GMT

The first year of the Eurosystem’s new operational framework

25 April 2025 By Benjamin Hartung, Tobias Linzert, Imène Rahmouni-Rousseau, Yannik Schneider and Marta Skrzypińska[1] One year after its announcement, the new operational framework is working as intended. Euro area banks have adapted to declining central …

Distribution channels: Banking, Finance & Investment Industry

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Published on April 27, 2025 - 01:27 GMT

Compact Living Highlights Backyard Shipping Container Homes Amid Demand for Affordable Housing

LAS VEGAS, NV, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- Compact Living is addressing housing affordability with numerous Luxury Shipping Container Home Models. The company offers a basic 20’ model up to a 40’ multi-unit model, all with …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on April 27, 2025 - 01:12 GMT

BLUJOURNAL alcanza las 10,000 visitas y amplía su aplicación de noticias para apoyar a la comunidad latina en EE. UU.

¡BLUJOURNAL supera las 10,000 visitas! 📲 La expansión de su app de noticias empodera a los latinos en EE. UU. 🇺🇸 SALT LAKE CITY, UT, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- BLUJOURNAL, una plataforma digital de noticias en español de rápido …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 26, 2025 - 23:08 GMT

The Role of Annuities in a Diversified Retirement Plan - by Fraser Allport, Fiduciary

Annuities play a key role in achieving financial security. Fraser Allport explains why annuities are a fundamental building-block in a balanced Retirement Plan. DAYTONA BEACH SHORES, FL, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- Fraser …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 26, 2025 - 22:51 GMT

USGrants.org Tracks Over $400 Million in Federal Funding Opportunities for U.S. Hospitals

USGrants.org Tracks Over $400 Million in Federal Funding Opportunities for U.S. Hospitals SACRAMENTO, CA, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- USGrants.org, an online portal providing access to government funding information, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 26, 2025 - 22:24 GMT

Dr. Danielle Butts Releases New Book Empowering Financial Independence and Leadership Excellence

LOS ANGELES, CA, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- Dr. Danielle Butts, a transformational speaker, author, and licensed financial professional, is on a mission to empower audiences nationwide through leadership development, …

Distribution channels: Banking, Finance & Investment Industry ...
Published on April 26, 2025 - 22:20 GMT

The $68 Trillion Wealth Shift Signals Urgent Opportunity for Banks to Embrace Impact Investing

DoLand Pro empowers banks and family offices with real-time, transparent impact reports to meet the demands of next-gen sustainable investors COPENHAGEN, DENMARK, April 26, 2025 /⁨EINPresswire.com⁩/ -- A massive shift in global wealth is underway, and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 26, 2025 - 15:00 GMT

Global Treasury Hunt For The Best Cannabis for Product Development Unearths Caches across Two Continents

Pharmaceutical and CPG companies now have a reliable product source to develop consumer products BRUNSWICK, ME, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- When the U.S. Drug Enforcement Administration (DEA) announced plans to license …

Distribution channels: Banking, Finance & Investment Industry, Consumer Goods ...
Published on April 26, 2025 - 10:00 GMT

GUIDE TO ROTH CONVERSIONS

GET A ROTH ANALYSIS FIRST MCKINNEY, TX, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- For individuals contemplating whether to convert their traditional IRAs, 401(k)s, and other tax-qualified retirement plans to a Roth IRA, Retirement Tax …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 26, 2025 - 16:38 GMT

Food prices matter most: sensitive household inflation expectations

By Nikoleta Anesti, Vania Esady and Matthew Naylor We construct a novel data set to investigate the sensitivity of household inflation expectations to personal experienced inflation, testing whether households weigh price changes differently across items …

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Published on April 26, 2025 - 16:26 GMT

XRP News: Crypto Analysts Predict $XDX Presale Sellout Within 10 Days as Over 20% Fills in First 24 Hours

SYDNEY, Australia, April 26, 2025 (GLOBE NEWSWIRE) -- XenDex team has announced that its token presale has been filled by more than 20%, just barely 24 hours after the opening presale event. The crypto community is buzzing, and XenDex is at the center of …

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Published on April 26, 2025 - 15:13 GMT

No KYC. 100x Leverage. $50 Welcome Bonus. Crypto Futures Trading Made Easy on BexBack.

SINGAPORE, April 26, 2025 (GLOBE NEWSWIRE) -- With Bitcoin's price fluctuating below $100,000, many analysts predict a prolonged period of high volatility in the crypto market. Holding spot positions may struggle to generate short-term profits in such …

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Published on April 26, 2025 - 12:45 GMT

114 millions de raisons de continuer à faire progresser la norme insuflée par l’industrie pour le partage sécurisé des ...

SALT LAKE CITY, 26 avr. 2025 (GLOBE NEWSWIRE) -- Le Financial Data Exchange (« FDX ») a le plaisir d’annoncer que l’utilisation d’API normalisées pour permettre un partage de données sécurisé et autorisé continue de croître. Selon une enquête récente, …

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Published on April 26, 2025 - 11:54 GMT

Best Online Casinos UK 2025: JACKBIT Rated As Top UK Casino Site

LARNACA, Cyprus, April 26, 2025 (GLOBE NEWSWIRE) -- The UK online gambling scene is thriving in 2025, with players seeking platforms that offer security, variety, and fast payouts. Amidst a sea of options, JACKBIT Casino stands out as the best online …

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Published on April 25, 2025 - 23:00 GMT

iLending Appoints Cedric Moore as Director of Lender Relations to Strengthen Credit Union Partnership

iLending Appoints Cedric Moore as Director of Lender Relations to Strengthen Credit Union Partnerships Amidst $1.7 Trillion Auto Refinance Opportunity ENGLEWOOD, CO, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- iLending, a national leader …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on April 25, 2025 - 22:48 GMT

Accounting Expert Martha Barrantes Shares Essential Tax Tips for Businesses Navigating LATAM Markets

Martha Barrantes shares essential tax tips to help businesses succeed in LATAM's complex and evolving financial landscape. SAN JOSE, COSTA RICA, April 25, 2025 /⁨EINPresswire.com⁩/ -- As businesses continue expanding into Latin America (LATAM …

Distribution channels: Banking, Finance & Investment Industry ...
Published on April 26, 2025 - 10:34 GMT

XRP News: XenDex Community Rises in Thousands as XRP Investors Race to Secure Remaining Presale Tokens

SYDNEY, April 26, 2025 (GLOBE NEWSWIRE) -- The momentum behind XenDex is nothing short of electric. As the first all-in-one decentralized exchange (DEX) on the XRP Ledger offering AI-powered copy trading, non-custodial lending and borrowing, and cross- …

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Published on April 25, 2025 - 21:06 GMT

Four-Part Mini-Summit Offered to Launch Accounting MOVE 2025

Discover actionable strategies to improve talent management and organizational growth and earn free CPE live or on-demand. HONOLULU, HI, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- The Accounting MOVE Project is launching a timely and practical …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 25, 2025 - 20:55 GMT

GWG Holdings Investor Update April 2025

Haselkorn & Thibaut offers free consultations to GWG investors affected by bankruptcy, helping pursue FINRA claims against advisors who sold these investments. PALM BEACH, FL, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Haselkorn …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 25, 2025 - 20:40 GMT

Martha Barrantes Reveals Key Financial Strategies to Maximize Growth and Profitability in LATAM

Martha Barrantes unveils financial strategies to boost growth and profitability for businesses across LATAM in 2025. SAN JOSE, COSTA RICA, April 25, 2025 /⁨EINPresswire.com⁩/ -- Martha Barrantes, a distinguished financial consultant with over 25 …

Distribution channels: Banking, Finance & Investment Industry ...
Published on April 25, 2025 - 20:23 GMT

The Emir of Saudi Arabia’s Hail Region Announces the Launch of the 'Hail Investment Forum' on May 17

The Emir of Saudi Arabia’s Hail Region Announces the Launch of the "Hail Investment Forum" on May 17 RIYADH, RIAYDH, SAUDI ARABIA, April 25, 2025 /⁨EINPresswire.com⁩/ -- His Royal Highness Prince Abdulaziz bin Saad bin Abdulaziz, Emir of …

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