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Maximum Interest Rates on Pawning Advances of Licensed Banks
... Circular/Direction Title: Maximum Interest Rates on Pawning Advances of Licensed Banks Issue Date: Monday, April ...
content_manager - 09.10.2020 - 11:27
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Pawning Facilities
Pawning Facilities 20 August 2020 : Considering bank lending rates of certain financial products which continue to remain high, licensed banks were instructed to reduce the caps on pawning facilities to 10 per cent per annum for all new pawning advances and ...
conedit1 - 22.09.2020 - 14:26
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COVID-19 Measures
... REGULATORY MEASURES CREDIT CARD PAYMENTS PAWNING FACILITIES PAYMENT FACILITIES AND OTHER ... POLICY MEASURES MEASURES TO REDUCE INTEREST RATES, ENHANCE MARKET LIQUIDITY & FINANCE THE GOVERNMENT CURRENCY/ ...
admin - 08.10.2020 - 15:30
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Debt Moratorium and Financial Sector Regulatory Measures
... rate of 4.00 per cent per annum, capping of interest rates charged on credit card payments, reduction of minimum monthly payment ... Law Act Order No. 1 of 2020 Maximum Interest Rates on Pawning Advances of Licensed Banks 24.04.2020 Explanatory Note ...
conedit1 - 11.10.2021 - 12:27
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The Central Bank of Sri Lanka Imposes Maximum Interest Rates on Pawning Advances of Licensed Banks
... Central Bank of Sri Lanka observes that the current interest rates charged by licensed banks on pawning advances range from 12% - 17.5% per annum. Considering the necessity to ...
content_manager - 27.04.2020 - 19:56
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Financial System Policy
... rate of 4.00 per cent per annum, capping of interest rates charged on credit card payments, reduction of minimum monthly payment ... Law Act Order No. 1 of 2020 on Maximum Interest Rates on Pawning Advances of Licensed Banks were published on the website of the Central ...
conedit1 - 19.08.2020 - 11:36
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The Central Bank of Sri Lanka Further Tightens the Monetary Policy Stance
... b) revise upwards the caps imposed on interest rates applicable to credit cards to 20 per cent per annum, on pre-arranged temporary overdrafts to 18 per cent per annum, and on pawning facilities to 12 per cent per annum. Directions to effect these regulated interest rates will be issued shortly. FULL TEXT Published Date: ...
conedit1 - 04.03.2022 - 14:54