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Sri Lanka private credit surges to new high of Rs246bn in October, rupee depreciated

ECONOMYNEXT – Sri Lanka’s private credit has surged to a new record high of 246.1 billion rupees in October 2025, up from 236.3 billion rupees, a month earlier data from the central bank shows, while credit to government slowed. So far this year, banks have given 1.61 trillion rupees to private business, up from 789.6 billion rupees. Credit to government fell by 39 billion rupees in October 2025, after falling 165 billion a month earlier. Net credit to the Sri Lanka government fell absolutely by 113.6 billion rupees over the year. There is however a complication with deposits of the…

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