Sri Lanka

SME loan recovery suspension : CB to issue directives

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The Central Bank of Sri Lanka (CBSL) is to issue directives to the banking sector on the concessionary loan package proposed by the government to uplift Small and Medium Scale Enterprises (SMEs) with faulted business having failed to repay their loans.The concessionary loan package was proposed under the instructions of President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa.




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Category: Srilanka


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