Colombo (News1st): The Central Bank of Sri Lanka (CBSL) says it is engaged in continuous regulatory supervisions of licensed finance companies through off-site and on-site supervision. Quoting Central Bank data the Sunday Times reported that licenses of two finance companies were cancelled by the...

COLOMBO (News 1st) - A sum of 1.7 million was robbed from a private finance company located at Chavakachcheri, Jaffna this morning (September 19). The Police stated that the robbery was carried out by an individual wearing a full face helmet. Investigations have already been launched to track ...

COLOMBO (News 1st) - Immigration officers in New Zealand have been forced to review more than 800 student visa applications from Sri Lanka after uncovering a scam. Foreign media reported that it was uncovered that students applying to go to New Zealand would use a finance company willing to claim...

COLOMBO (News 1st) - The Central Bank of Sri Lanka announced that necessary steps will be taken to liquidate the ETI Finance company, which is currently under the ownership of the EAP group. Such a decision would be taken only if the financial crisis faced by the company is not resolved by the 30...