*JKSB Opening Bell – News Snippets* 🔔 *16.05.2025* *Sri Lanka says signed $930.8 mln debt restructuring deal with Indian EXIM Bank* “Sri Lanka has signed the amendments to the seven Lines of Credit and four Buyers’ Credit Facilities and a total of $930.8 million worth loans were restructured, the Finance Ministry said.” https://economynext.com/sri-lanka-says-signed-930-8-mln-debt-restructuring-deal-with-indian-exim-bank-220985/ *Sri Lanka POS terminal deployment, transactions go up* “The use of point of sale terminals and transactions have steadily picked up over the past year, as the economy recovered from a currency crisis in 2022, official data show.” https://economynext.com/sri-lanka-pos-terminal-deployment-transactions-go-up-220913/ *Top private banks see NPL ratios fall in Q1* “Sri Lanka’s top three private banks’ non-performing loan (NPL) ratio averaged at 3% at the end of the first quarter (as at 31 March), compared to the average of 5% during the same period of the previous year, financial statements showed.” https://www.themorning.lk/articles/cYq6lkpFOqueKC2EKTHq *Sri Lanka rupee closes stronger, bond yields down* “Sri Lanka’s rupee closed at 298.53/58 to the US dollar in the spot market Thursday, stronger against Wednesday’s close of 298.60/70 dealers said, while bond yields were down.” https://economynext.com/sri-lanka-rupee-closes-stronger-bond-yields-down-220980/ *Cargills Bank posts Rs. 162 Mn PAT for quarter ended March 31, 2025* “Cargills Bank’s results for the quarter ended March 31, 2025 reflected an increase of Rs. 116 Mn in profitability when compared to the corresponding quarter in 2024 posting a profit after tax of Rs. 162 Mn for Q1 2025. Net interest income of Rs. 865 Mn was an increase of Rs. 51 Mn in Q1 2025 compared with Q1 2024.” https://www.dailynews.lk/2025/05/16/business/778770/cargills-bank-posts-rs-162-mn-pat-for-quarter-ended-march-31-2025/ *Sri Lanka’s Melstacorp, Distilleries AAA(lka) rating affirmed by Fitch* “The National Long-Term Ratings of ‘AAA(lka)’ of Melstacorp and its subsidiary Distilleries Company of Sri Lanka have been affirmed by Fitch Ratings. The Outlook is Stable.” https://economynext.com/sri-lankas-melstacorp-distilleries-aaalka-rating-affirmed-by-fitch-220924/