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

Tourism Law Overhaul Sparks Clash Between State and Industry

Sri Lanka’s tourism sector is heading toward a defining...

Divestment Push Rekindles Scrutiny of Troubled Hyatt Megaproject

Sri Lanka’s renewed attempt to divest its stake in...

IMF Program under Stress as NPP Government Faces Reality Test

The JVP-led National People’s Power (NPP) Government’s stewardship of...

Sri Lanka’s Wind Energy Drive Gains Momentum amid Ambitious Targets

Sri Lanka’s wind energy sector is entering a decisive...