Sri Lanka’s Central Bank Pursues Advisors for Overhaul of Currency Management Strategies

FINANCIAL CHRONICLE – The Central Bank of Sri Lanka (CBSL) is reaching out to external consultants to assist with the preparatory work necessary for the enhancement of its currency operations.

A pre-bid meeting has been scheduled for June 25 at 10 AM, according to CBSL.

Bids will be accepted until 2:30 PM on July 8.

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In October 2025, the cabinet approved a proposal to contract Giesecke & Devrient Asia Pacific Limited, based in Hong Kong, for the overhaul of the central bank’s currency operations.

Giesecke & Devrient Asia Pacific is the regional division of the German company G+D, which focuses on upgrading central bank currency operations through advanced banknote processing technologies, counterfeit detection systems, and digital cash management solutions. (Colombo/Jun18/2026)