ECONOMYNEXT – Sri Lanka’s central bank has tightened credit for private commercial vehicles by reducing the loans value banks and finance companies can give to customers, with effect from November 08, 2025. Under the new direction, loan to value ratio for commercial vehicles has been cut to 70 percent from 80 percent. For motor cars, vans and SUVs the ratio has been cut to 50 percent from 60 percent. Three wheelers remain at 50 percent. Credit for any other vehicles have also been cut to 50 percent from 70 percent. The old ratios will apply to cars for which LCs…
Sri Lanka central bank tightens vehicle credit by slashing LTV ratio
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