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

Sri Lanka’s First Post-Crisis Dollar Bond Signals Renewed Investor Faith

Sri Lanka’s return to foreign-currency borrowing took a significant...

HSBC Exit Marks Shift toward Local Dominance in Banking

HSBC’s decision to exit Sri Lanka’s retail banking business—now...

Sri Lanka Set for Strong Market Upswing as Stability, Lift Investor Confidence

Sri Lanka’s capital market is entering its most promising...

New Tariff Policy Aims to End Decades of Protectionist Drift

Sri Lanka is preparing to introduce a landmark national...