Ontario credit unions see asset growth, citing strong demand for mortgages and commercial loans

Credit unions see growth, citing demand for mortgages and commercial loans

Ontario’s credit unions saw a growth in assets in the first quarter of 2025 due to a spike in demand for mortgages and commercial loans.

Sri Lanka sees strong growth in foreign remittances

(Photo by Christoph Theisinger on Unsplash) The Central Bank of Sri Lanka (CBSL) states that foreign workers sent remittances amounting to US$ 695.7 million to Sri Lanka in September 2025. This was revealed in the latest report issued by the CBSL. According to the report, the amount of foreign remittances received in September 2024 was US$ 555.6 million. Accordingly, compared to September last year, remittances received in September this year ha…

Overseas Remittances See Strong Growth, Bolstering Sri Lanka’s Economy in 2025 - LNW Lanka News Web

October 13, Colombo (LNW): Sri Lanka has seen a notable surge in income from overseas remittances this year, with the latest figures indicating a steady upward trend in inflows from its global workforce—an encouraging sign for the country’s foreign exchange position.According to newly released figures from the Central Bank of Sri Lanka (CBSL), the total amount received from Sri Lankan migrant workers in September 2025 reached USD 695.7 million. …