CB's policy support package

Consequent to the failure of certain unauthorized finance businesses and the effect of certain unfavourable international developments, the Central Bank of Sri Lanka recently observed a few stresses within some Registered Finance Companies (RFCs) and Specialised Leasing Companies (SLCs).

In this regard, the Government, on the recommendation of the Central Bank, is currently developing a suitable policy support package to address the potential risks to the financial system that may arise due to any illiquidity in the regulated financial and leasing sectors.