Friday, June 26, 2020

Central Bank Has Approved A Loan Worth Rs.27.9 Billion With A 06 Month Grace Period For 13.861 Businesses Affected Due To Corona Restrictions

Central Bank of Sri Lanka has recently
approved Rs.27.9 billion worth loan for 13,861 Businesses island wide which are badly affected due to Corona pandemic restrictions for a 4 percent interest rate , with  a 06 month grace period  and 24 month repayment period in view of promoting economic activities in the country Central Bank has announced.

Out of this loan nearly Rs.15 billion worth loans issued to over 7000 business  by 24 th of June through licensed banks  in  the country the  Bank has announced.

The approved loan is being issued under the phase one of the "Saubhagya Covid -19 Renaissance programme "launched by the government it had been revealed .

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