Open Banking in Sri Lanka

Planned

Sri Lanka is exploring open banking through the Central Bank of Sri Lanka as part of broader financial sector modernization and digital transformation efforts.

Key Facts

Approach

Regulated

Regulatory Body

Central Bank of Sri Lanka (CBSL)

Topics

Open Banking

Data Scope

Banking data

Timeline

2023CBSL evaluates open banking frameworks as part of financial sector modernization

Open Finance in Sri Lanka

Sri Lanka is in early planning stages for open banking under the Central Bank of Sri Lanka (CBSL). The country is pursuing financial sector modernization and digital payment expansion as part of economic recovery efforts. Open banking development would aim to increase financial system efficiency and expand access to financial services through technology-enabled innovation.

More from Asia Pacific

IndiaLive (Regulated)SingaporeLive (Regulated)Hong KongLive (Regulated)JapanLive (Regulated)South KoreaLive (Regulated)IndonesiaLive (Regulated)

Related Resources

Open Banking in Asia Pacific Compare Sri Lanka with other countries

Looking to get started with open finance?

Fiskil helps financial institutions, fintechs, and enterprises around the world deliver a successful open finance program.