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Sri Lanka private credit surges to new high of Rs262bn in November

ECONOMYNEXT – Sri Lanka’s private credit volumes from commercial banks have surged to a new high of 262 billion rupees in November 2025, up from 246 billion rupees a month earlier, pushing 12-month growth to 26 percent, official data show. Private credit topped 10 trillion rupees, to 10,029 billion rupees in November. Net credit to the government from banks fell by 103 billion rupees to 6,262 billion rupees in November 2025. Sri Lanka has raised taxes on the people, after the last currency crisis from central bank rate cuts in 2020 ended in default improving budgets. Credit to state enterprises…

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