Abbreviations

(A)

AC Air Conditioner
ACA Associate Chartered Accountant
ADB Asian Development Bank
AFS Available for Sale
AGM Assistant General Manager/
Annual General Meeting
(as appropriate)
ALCO Assets and Liability Management Committee
AML Anti-Money Laundering
AT I Additional Tier I
ATM Automated Teller Machine
AWPLR Average Weighted Prime
Lending Rate

(B)

BAC Board Audit Committee
BCP Business Continuity Plan
BIA Business Impact Analysis
BIRMC Board Integrated Risk Management Committee
BIS Bank for International Settlements
Bn. Billions
BNO Bank Notes Operation
BOD Board of Directors BRPTRC Board Related Party Transaction Review Committee
BRC Business Registration Certificate
BSS Baseline Standard

(C)

CAR Capital Adequacy Ratio
CASL Chartered Accountants of Sri Lanka (ICASL)
CBSL Central Bank of Sri Lanka
CCB Capital Conservation Buffer
CEO Chief Executive Officer
CET 1 Common Equity Tier I
CFO Chief Financial Officer
CO2e Carbon Dioxide Equivalent, is a standard unit for measuring carbon footprints
CRIB Credit Information Bureau of Sri Lanka
CRMU Credit Risk Management Unit
CRRF Credit Risk Review Function
CSE Colombo Stock Exchange
CSR Corporate Social Responsibility

(D)

DGM Deputy General Manager
DMS Document Management System/Delinquency Monitoring System
DPS Dividend per Share
DRP Disaster Recovery Plan

(E)

EAR Earnings at Risk
EIR Effective Interest Rate
EPF Employees’ Provident Fund
EPS Earnings per Share
ERM Enterprise Risk Management
ESC Economic Service Charges
ESOP Employee Share Option Plan
ETF Employees’ Trust Fund
EUR Euro
EVA Economic Value Addition
EWS Early Warning Signals

(F)

FSVAT Financial Services Value Added Tax

(G)

GDP Gross Domestic Product
GHG Green House Gas
GL General Ledger
GRI Global Reporting Initiative
GRO Group Risk Officer

(H)

HO Head Office
HQLA High Quality Liquid Assets
HR Human Resources
HRD Human Resources Development
HTM Held to Maturity

(I)

IBSL Institute of Bankers of Sri Lanka
ICAAP Internal Capital Adequacy Assessment Process
ICASL Institute of Chartered Accountants of Sri Lanka
ICC International Chamber of Commerce
ICOFR Internal Control Over Financial Reporting
ICT Information and Communications Technology
IFA Investment Fund Account
IFRS International Financial Reporting Standards
IIRC International Integrated Reporting Council
IND Independent Director
IRMC Integrated Risk Management Committee
IRMU Integrated Risk Management Unit
ISMS Information Security Management System
ISO International Organisation for Standardisation
IT Information Technology

(K)

kg Kilograms
km Kilometre
KMP Key Management Personnel
KPI Key Performance Indicator
KRI Key Risk Indicators
kWh Kilowatt-hour
KYC Know Your Customer

(L)

LCB Local Commercial Bank
LCR Liquidity Coverage Ratio
LGD Loss Given Default
LKAS Sri Lanka Accounting Standards
LTV Ratio Loan to Value Ratio

(M)

m3 Cubic meter
MIS Management Information Systems
MoM Month on Month
Mn. Millions
MSME Micro, Small and Medium Scale Entrepreneur
MW Megawatt

(N)

N/A Not Applicable
NBT Nation Building Tax
NED Non-Executive Director
NIC National Identity Card
NID Non-Independent Director
NII Net Interest Income
NIM Net Interest Margin
NPA Non-Performing Assets
NPL Non-Performing Loans

(O)

OBS Off-Balance Sheet
OCI Other Comprehensive Income
ORMU Operational Risk Management Unit
OTC Over-the-Counter

(P)

p.a. Per Annum
P/E Price Earnings Ratio
PAT Profit After Tax
PBT Profit Before Tax
PD Probability of Default
PoS Point of Sale

(Q)

Q&A Question and Answer

(R)

RCSA Risk and Control Self Assessments
RMU Risk Management Unit
ROA Return on Assets
ROCE Return on Capital Employed
ROE Return on Equity
RPT Related Party Transaction
RPTRC Related Party Transactions Review Committee
RSA Rate Sensitive Assets
RSL Rate Sensitive Liabilities
RWA Risk Weighted Assets

(S)

SAFA South Asian Federation of Accountants
SBU Strategic Business Unit
SDF Standing Deposit Facility
SEC Securities and Exchange Commission of Sri Lanka
SLA Statutory Liquid Assets
SLAR Statutory Liquid Asset Ratio
SLAS Sri Lanka Accounting Standards
SLDB Sri Lanka Development Bonds
SLF Standing Lending Facility
SLFRS Sri Lanka Financial Reporting Standards
SLIBOR Sri Lanka Inter Bank Offered Rate
SLIPS Sri Lanka Interbank Payments System
SME Small and Medium Enterprises
SMS Short Message Service
SREP Supervisory Review Process
SWIFT Society for Worldwide Interbank Financial Telecommunication

(T)

Tn. Trillion
ToR Terms of Reference
TRWCR Total Risk Weighted Capital Ratio
TT Telegraphic Transfer

(V)

VAR Value at Risk
VAT Value Added Tax

(W)

WHT Withholding Tax

(Y)

YoY Year on Year
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