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Use of unauthorized money remittance schemes costing SL USD 2 billion annually

By Hiran H.Senewiratne Sri Lankans remit around US $ 7.5 billion annually to Sri Lanka but due to some of them channeling these remittances through unauthorized money schemes, Sri Lanka loses US$ 2 billion of these funds. “This is the reason why the Central Bank introduced ‘SL Remit’, CBSL Governor Ajith Nivard Cabraal said. “SL […]

HNB drives digital payments in Gampaha with CBSL s LANKAQR – The Island

Continuing efforts to transform Sri Lanka into a vibrant cashless economy, HNB PLC conducted a QR activation programme to onboard merchants in Gampaha to its digital platform SOLO in support of the ‘Rata Purama LANKAQR’ campaign launched by the Central Bank of Sri Lanka. HNB, together with other financial institutions and telecommunication partners, participated in […]

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