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1. Finance and Leasing Companies - FAQs

   Frequently Asked Questions (FAQs) Finance and Leasing Companies What are the basic requirements for obtaining a licence ... the reducing balance of a loan and charging interest on flat rate? While the reducing balance interest is charged on the remaining ...

   conedit1 - 16.01.2024 - 12:03

2. Concessionary Scheme for Leasing Facilities Obtained by Businesses and Individuals Engaged in Passenger Transportation

   ... banks, licensed finance companies and specialised leasing companies (financial institutions), to provide concessions for lease ... borrowers. Financial institutions may charge an interest rate not exceeding the latest auction rate for 364-days Treasury Bills, ...

   conedit1 - 15.03.2021 - 16:27

3. Maximum Rate of Interest on Microfinance Loans

   ... Circular/Direction Title:  Maximum Rate of Interest on Microfinance Loans Issue Date:  Monday, ... Finance_Leasing_Act_Direction_No_08_of_2018_Maximum_rate_of_interest_on_Microfinance_loans_e.pdf Issue Year:  ...

   conedit2 - 03.06.2019 - 12:15

4. Archived Publications

   ... Directions issued under the Finance Leasing Act, No. 56 of 2000 This booklet contains Directions issued under ... Published On: October 2005 Exchange Rate (Pamphlet Series No. 3) Explains the factors that determine exchange ...

   conedit1 - 26.11.2019 - 09:47

5. Debt Moratorium and Financial Sector Regulatory Measures

   ... was issued to Licensed Finance Companies and Specialized Leasing Companies with an amendment to Circular No. 11 of 2020 on Debt ... and interest, provision of working capital at an interest rate of 4.00 per cent per annum, capping of interest rates charged on credit ...

   conedit1 - 11.10.2021 - 12:27

6. Frequently Asked Questions

   ... request for the loan from the designated bank at an interest rate not exceeding 4% upto the amount specified in the LAPC. 10. ... banks, licensed finance companies and specialized leasing companies that are regulated by the Central Bank of Sri Lanka will be ...

   conedit1 - 18.12.2020 - 15:56

7. Credit Card Payments

   ... issued to LCBs, Licensed Specialised Banks (LSBs) and leasing companies informing further measures to promote lending ... was issued to LCBs, Licensed Specialised Banks (LSBs) and leasing companies informing relief measures to assist businesses and ... and interest, provision of working capital at an interest rate of 4.00 per cent per annum, capping of interest rates charged on credit ...

   conedit1 - 22.09.2020 - 14:24

8. Glossary

   ... Refixing ATR   Average Weighted Call Money Rate AWCMR Weighted average of interest rates of overnight call money ... Licensed Commercial Banks (LCBs), Primary Dealers (PDs) and Leasing Companies daily, weekly, monthly, quarterly and annual basis ...

   conedit1 - 02.04.2025 - 16:49

9. Financial System Policy

   ... was issued to LCBs, Licensed Specialised Banks (LSBs) and leasing companies informing relief measures to assist businesses and ... and interest, provision of working capital at an interest rate of 4.00 per cent per annum, capping of interest rates charged on credit ...

   conedit1 - 19.08.2020 - 11:36

10. Debt Moratorium for COVID - 19 Affected Businesses and Individuals

    ... Eligible credit facilities include term loans, leasing facilities, pawning, overdrafts, trade finance or any other credit ... the case of Rupee denominated converted loans, an interest rate may be charged not exceeding the latest auction rate for 364-days Treasury ...

    conedit1 - 11.11.2020 - 15:17

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