Sri Lanka Cabinet approves adopting new method to assess credit risks for financial institutions
Photo: EconomyNextAI summary · 1 min read
1 min readFrom 1 outlets- EconomyNext reports that Cabinet Spokesman Nalinda Jayatissa announced the approval.
- EconomyNext says the method concerns guarantees and sub-loans involving state-owned enterprises.
- EconomyNext reports that the Act excludes the Central Bank and certain financial institutions from the public-enterprise category.
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