SenFin Research – News Updates – 23 August 2026

SenFin Research – News Updates – 23 August 2026



How US$ 1b escaped Sri Lanka’s banking controls
Pointing to an escalating trend, investigators in Sri Lanka have uncovered a massive financial fraud involving some US$715 million (over Rs. 214 billion) routed overseas via payments for imports at several private banks.
Source: (Sunday Observer) https://www.sundayobserver.lk/2026/08/23/business/83070/how-us-1b-escaped-sri-lankas-banking-controls/

T-bill yields fall by double digits
Treasury bill (T-bill) yields fell by double digits across all tenors at last week’s auction, which saw the 12-month tenor move below the 10% level for the first time in the current cycle, leaving all three short-term tenors now trading below the 10% level.
Source: (the morning) https://www.themorning.lk/articles/ZNlvfclExB9d860GUOBO

Tokyo Cement posts steady FY26/27 1Q performance
Tokyo Cement Group (Tokyo Cement) reported a turnover of Rs. 15,836 million and a Profit After Tax (PAT) of Rs. 635 million for the First Quarter ended June 30, 2026, compared to a turnover of Rs. 12,544 million and a PAT of Rs. 668 million, in the corresponding period last year.
Source: (Sunday Observer) https://www.sundayobserver.lk/2026/08/23/business/83052/tokyo-cement-posts-steady-fy26-27-1q-performance/