ECONOMYNEXT – Sri Lanka’s Central Bank has announced relief measures for individuals and firms hit by the Cyclone Ditwah-hit disaster after considering the proposals of the Sri Lanka Banks’ Association (SLBA). The Central Bank has issued a circular on the need to grant effective relief to those affected without unduly compromising financial system stability to all licensed banks. Accordingly, licensed banks have been requested to provide following relief measures, upon receiving a request from such borrowers in writing or through electronic means, by 15.01.2026. Temporary Debt Relief: (a) Suspend the repayments of capital and/or interest of existing credit facilities of…
Sri Lanka Central Bank announces relief measures to assist disaster-hit businesses
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