Merchant Bank of Sri Lanka & Finance PLC (MBSL) plans to raise up to Rs.1 billion via five-year unsecured subordinated debentures: an initial 5 million units at Rs.100 each (Rs.500m) with an option to issue a further 5 million if oversubscribed. The Central Bank has approved the issue; interest rate, dates and use of proceeds were not disclosed.
Secondary government bond yields fell across key tenors while buying interest remained strong; a Treasury Bill auction today will offer Rs.80 billion (Rs.35bn 91-day, Rs.25bn 182-day, Rs.20bn 364-day). Money-market liquidity stayed in a Rs.138.76bn surplus and the Central Bank conducted repos to absorb liquidity.
A seminar on changes to Sri Lanka's AML/CFT regime will be held on 20 Aug to examine three amendments passed on 9 July 2026 strengthening anti-money laundering and counter-terrorist financing laws. The event targets compliance officers of banks and financial institutions and will cover practical and regulatory implications.
Merchant Bank of Sri Lanka & Finance PLC (MBSL) completed a Rights Issue in August 2026, raising Rs. 806 million to strengthen its capital base. The additional capital will enhance MBSL's capacity to support core business expansion while maintaining prudent capital management.
Merchant Bank of Sri Lanka & Finance PLC (MBSL) appointed Mangala Niyarepola as an Independent Non-Executive Director and Sampath Perera as a Non-Independent Non-Executive Director. Niyarepola is an attorney with corporate law and litigation experience; Perera is a senior banking professional from Bank of Ceylon.
Colombo Stock Exchange closed flat as the ASPI slipped 0.07% to 21,402.80 with turnover at LKR 1.52bn; diversified financials led turnover (LKR 175m) followed by banks (LKR 170.2m). Merchant Bank of Sri Lanka & Finance clarified its rights issue subscription level and its shares rose 4.76% to LKR 11.00.
CSE indices were trading higher midday: ASPI +0.34% to 21,342.09 and S&P SL20 +0.44% to 5,997.89, with turnover LKR 384.3m led by diversified financials (LKR 143.3m). BPPL declared a LKR 0.25 first interim dividend (ex-dividend Aug 18); MBSL reported subscriptions of 80,410,925 preference shares (LKR 804.1m) of 99,912,312 offered.
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