Banking Sector stable – Joint statement from Finance Ministry and CBSL

Date:

“The Ministry of Finance and the Central Bank of Sri Lanka wish to assure the public and all other stake holders that the banking system is stable, and that the operations of the State Banks are being carried out smoothly, contrary to statements made otherwise.”

The Finance Ministry and the CBSL made this joint statement in response to the speculations made on media suggesting that the state banking sector in Sri Lanka has collapsed.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

India Giving JVP State Patronage for credibility 

By Adolf Recent developments suggest that India may be leveraging...

Sri Lanka Considers Compensation for Colonial Abuses

Sri Lanka’s Parliament has become the latest arena in...

Sri Lanka’s US Trade Surplus Faces Test amid Rising Tariffs

Sri Lanka’s trade relationship with the United States remains...

World Bank Strategy Targets Jobs, Resilience after Sri Lanka Floods

With Sri Lanka facing recurring floods and cyclones that...