Central Bank of Sri Lanka Decides to Establish a Rupees 50 Billion, Six Month Re-Financing Facility and Issues Instructions to Financial Institutions to Support Covid-19 Hit Businesses and Individuals

The Central Bank of Sri Lanka (CBSL) has decided to set up a Re-financing Facility to implement the decisions taken by the Cabinet of Ministers on 20.03.2020 to introduce a wide range of concessions including a debt moratorium (capital and interest) and a working capital loan for COVID-19 hit businesses and individuals. Licensed commercial banks, licensed specialised banks, licensed finance companies and specialised leasing companies (Financial Institutions) are eligible to participate in this Re-financing Facility commencing 25.03.2020 and offer the concessions announced.


Published Date: 

Tuesday, March 31, 2020