Sri Lanka Central Bank imposes 100% margin deposit requirement against Letters of Credit (LCs) for vehicle imports
The Monetary Board of the Central Bank of Sri Lanka has imposed a 100 percent margin deposit requirement against Letters…
Tag: Monetary Board
Central Bank commences compensation payments to insured depositors of CIFL
The Central Bank of Sri Lanka Monday announced that the compensation payments for insured depositors of Central Investments and Finance…
Sri Lanka maintains policy rates to sustain inflation at mid-single digit levels
Sri Lanka’s Central Bank releasing the monetary policy review on Friday said based on the current developments and outlook for…
Sri Lanka reduces lending rate to boost economic growth, dampen volatility in interest rates
The Central Bank of Sri Lanka (CBSL) has decided to reduce the lending interest rate by 25 basis points with…
Central Bank rejects news report claimed State Minister’s request to implement ‘ICTA’s shoddy payment gateway’
The Central Bank today said a claim in a recent news item that State Minister of National Policies and Economic…
CB keeps policy rates unchanged: Economy currently operating below potential
Sri Lanka will keep policy rates unchanged in February as the economy is stabilizing with improvements in trade figures, the…
Sri Lanka Central Bank extends suspension of Perpetual Treasuries for another 6 months
The Central Bank of Sri Lanka has extended the suspension of Perpetual Treasuries (PTL) from carrying on business activities as…
CB takes over ETI Finance, Swarnamahal Financial
Panel appointed to manage the affairs of both companies Governor says two institutions are illiquid but not insolvent; rules out…
Sri Lanka maintains policy rates as fiscal sector records notable improvements in 2017
Sri Lanka’s Central Bank releasing the monetary policy review on Thursday said environment it has decided to maintain current policy…
Central Bank issues CIFL licence cancellation notice
The Monetary Board of Central Bank of Sri Lanka issued a notice of cancellation of the licence issued to Central…