ASPI fell 0.23% (41 points) to 18,000 as profit-taking weighed on the Colombo market, led by declines in HAYL, CTHR, DOCK, GRAN and SAMP. Turnover was Rs.5.6bn with capital goods (notably JKH, AEL) and banking among top contributors; foreign investors were net sellers of Rs.48.3m.
Construction Activity
Ada Derana·Jul 3, 2025·Award or certificationPositive
NDB.N0000 participated in CMA Sri Lanka's MSME Business Development Summit and Business Excellence Awards, with client Sobako (Pvt) Ltd named among the Top 10 Business Excellence awardees under NDB’s nomination. NDB representatives also took part in panels discussing targeted lending, export financing and digital support for MSMEs.
ExportersIT & Digital
Daily FT·Jul 3, 2025·Award or certificationPositive
Vidullanka PLC completed Sri Lanka’s first listed Sukuk issuance, a landmark highlighted at the 13th Capital Markets Conference. CSE CEO outlined market challenges and reforms, noting progress on sustainable/social bonds, Sukuk, stock lending and plans for a derivatives exchange with India’s NCDEX.
ASPI fell 30 points to 17,997 as turnover hit Rs.7.63 billion, led by large crossings in LOLC Finance, L B Finance and Sampath Bank. Top turnover contributors included LOFC, JKH, Central Finance, Panasian Power and Sampath Bank, while foreign investors were net sellers of Rs.3.4bn.
Daily FT and CICRA Holdings will host Sri Lanka’s first full-day Data Privacy and Protection Summit tomorrow at Cinnamon Lakeside, Colombo, featuring policymakers, regulators and industry speakers including Dialog Axiata and NDB Capital. Sessions will cover PDPA policy, compliance frameworks, implementation and the role of Data Protection Officers.
Government launches a Rs.6.5 billion concessionary loan scheme (1–15 Nov 2025) offering up to Rs.50 million per borrower at 7% interest to SME paddy millers and cooperatives to stabilise paddy prices; 15 state and private banks, including HNB, COMB, SAMP, DFCC, NDB, NTB, ABL, SEYB, CBNK and PABC, will disburse the funds.
Colombo Stock Exchange ASPI fell 0.17% to 17,996.73 as profit-taking trimmed gains after a record high. HNB, NDB, C T Holdings and Carson Cumberbatch were among the decliners, while consumer shares saw buying interest and turnover rose to 7.6 billion rupees.
LankaPay CEO Channa de Silva said the Fintech Forum aims to position Sri Lanka as a regional fintech hub, noting Rs.1.3tn in cash circulation and Rs.34tn in digital transactions last year and urging bank–fintech partnerships to boost rural financial inclusion.
National Development Bank (NDB) launched the E-Friends II Refinance Loan Scheme with the Ministry of Industries offering up to Rs.30 million per borrower at 6.5% p.a. and up to 10 years' repayment to fund sustainable, energy-saving and cleaner production investments.
Interest RatesRenewable Energy
Ada Derana·Jun 27, 2025·Promotional / marketingPositive
CBSL Governor Dr. Nandalal Weerasinghe urged Sri Lankan banks to embed sustainable finance and pledged CBSL support for the Sustainable Finance Roadmap 2.0, stressing ESG risk management, transparent disclosures and potential regulatory incentives.
Resus Energy PLC (HPWR.N0000) launched a Rs. 1 billion Green Bond—offering 11.55% (4 yrs) and 11.75% (5 yrs)—to fund new solar projects and refinance debt, with over 55% of proceeds to build 8 MW expected to add 15 GWh/year and cut ~10,000 tCO₂ annually. NDB is manager to the issue.
Renewable EnergyInterest Rates
Ada Derana·Jun 25, 2025·Promotional / marketingPositive
NDB Bank launched the E-Friends II Refinance Loan Scheme offering up to Rs.30 million at 6.5% p.a. with up to a 10-year repayment to fund industrial sustainability projects. The scheme covers pollution reduction, cleaner production, energy-saving and renewable solutions and includes advisory support.
Colombo market lost Rs. 117 billion as the ASPI fell 1.9% (S&P SL20 -2.1%) amid Middle East tensions, with turnover Rs. 2.5 billion led by HNB, SAMP and EAST. Broad-based declines hit banking and capital goods counters, while foreign net inflows were small.
Daily FT·Jun 24, 2025·Award or certificationPositive
National Development Bank PLC (NDB.N0000) hosted its Retail Banking Awards 2024 to honour employee performance, with Moratuwa Branch named Best National Branch. The ceremony highlighted achievements across retail verticals including digital banking, SME, pawning, loans and bancassurance.
The ASPI fell 1.5% (253 pts) to 16,818 as the bear run continued, with turnover of Rs. 3.3 billion and foreign net inflows of Rs. 77.7m. Key negative contributors included Commercial Bank, John Keells, Ceylon Tobacco and NDB, while the banking sector led turnover and lost 1.43%.
Sri Lanka's ASPI fell 1.48% to 16,818.21 amid geopolitical uncertainty over possible US involvement in the Israel-Iran conflict; the S&P SL20 was down 1.48% to 5,019.15. Turnover dropped to 3.3 million rupees, with declines in LOLC, John Keells, Ceylon Tobacco, NDB and Commercial Bank.
Colombo market fell as the ASPI closed down 0.45% (78 pts) at 17,281 while turnover rose to Rs.6.8bn led by crossings in Hayleys, Commercial Bank, Sampath Bank, L B Finance and John Keells. Foreign investors were net sellers with a Rs.115.7m outflow.
Sri Lanka stocks fell as the ASPI dropped 0.45% to 17,281.95 on Tuesday as escalating Middle East war uncertainty spooked investors. Turnover was 6.8 million rupees (above the monthly average) and the ASPI was weighed down by NDB, LOLC, DFCC Bank, Browns Investments and NTB.
The Sri Lanka Institute of Directors will hold a Family Business Forum on 17 June 2025 at Cinnamon Grand Colombo, partnered by the SEC, CSE and KPMG to discuss succession planning, governance and pathways to public listing. Speakers include executives from Hemas, Janashakthi, NDB Capital and Sampath Bank, with a keynote by KPMG's Daniel Trimarchi.
NDB (National Development Bank PLC) launched an NDB Araliya women’s savings promotion running 1 June–31 July 2025 offering gifts to new and existing account holders who deposit Rs.15,000 or more. The Araliya account also includes benefits such as free life cover up to Rs.1,000,000 and hospitalisation cover.
Vidullanka PLC launched Sri Lanka’s first listed Sukuk, raising Rs. 500 million with subscriptions opening 17 June. The SEC- and CSE-approved issue (backed by its mini hydropower plant and Fitch A+(lka)) will settle Rs. 400m of short-term debt and offers fixed and AWPLR-linked return options.
Renewable EnergyInterest Rates
Ada Derana·Jun 13, 2025·Promotional / marketingPositive
NDB Bank (NDB.N0000) signed an MOU with ACH Education to streamline overseas education for Sri Lankan students, offering integrated banking support including education loans, foreign remittances and advisory services.
ASPI rose 0.9% to lift its YTD return to 10.74% as turnover reached Rs.5.68 billion led by LVEF (Rs.500m), RCL (Rs.304m) and TILE (Rs.269m), with banking and capital‑goods/construction counters among the session’s key drivers.
Construction Activity
Ada Derana·Jun 12, 2025·Promotional / marketingPositive
National Development Bank PLC (NDB) is running an NDB Araliya promotion from 1 June to 31 July 2025 offering gifts to account holders who deposit Rs.15,000 or more. The Araliya women's savings account also includes benefits such as up to Rs.1,000,000 life protection and free hospitalization cover.
Colombo's ASPI rose 0.90% to 17,657.60, led by John Keells (JKH) and gains in major banks HNB, NDB, DFCC and Sampath, with turnover of LKR5.6bn. Export‑exposed names were mixed — Dipped Products and Haycarb fell while Teejay Lanka and Hayleys Fabric gained.
DFCC Bank says Sri Lanka banks are using excess US dollar balances to finance Indian firms via syndicated loans and GIFT City, with Hatton National, NDB, Seylan, Pan Asia, Commercial Bank and Sampath participating (e.g., Satin Creditcare's $100m GIFT City loan).
Rupee & ForexInterest RatesExporters
Ada Derana·Jun 5, 2025·Promotional / marketingPositive
Daraz Sri Lanka will run its 6.6 Mid-Year Sale from June 6–10 with discounts up to 85%, free shipping and over Rs.20 million in vouchers. Several banks — Commercial Bank, DFCC, Nations Trust, NDB, Sampath and Hatton National — are payment partners offering extra savings and instalment plans.
ASPI rose 234 points (1.4%) to 17,214 on turnover of Rs.7.37bn, led by banking stocks with HNB, SAMP and COMB among top contributors. Turnover was 72% above the monthly average and foreigners recorded a net outflow of about Rs.273.6m.
Construction ActivityIT & DigitalHealthcare & PharmaTourism
NDB Bank launched the Vanithabhimana women's upskilling programme, starting a free three-month Women's Entrepreneurship Support Course with over 140 women registered. The initiative is part of a five-year sustainability model aimed at helping women scale businesses to international markets and boost job creation and FX.