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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Sri Lanka Central Bank approves over Rs. 60 billion working capital loans to COVID-19 affected businesses

Sri Lanka Central Bank approves over Rs. 60 billion working capital loans to COVID-19 affected businesses

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Rational Investor

Rational Investor
Manager - Equity Analytics
Manager - Equity Analytics
July 10, Colombo: The Central Bank of Sri Lanka (CBSL) said it has approved more than Rs. 60 billion working capital loans to COVID-19 affected businesses under the Saubagya COVID-19 renaissance loan scheme.
The Central Bank said it has approved 22,306 loans amounting to Rs. 60,250 million under the Saubagya COVID-19 renaissance facility as of 10th July 2020 with the approval given for 2,066 new loans, amounting to Rs. 6,978 million during the week ended on 10th July 2020. The licensed banks had already disbursed Rs. 30,528 million among 13,333 borrowers islandwide as of 9th July 2020.

http://www.colombopage.com/

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