"Public needs a degree of patience and understanding¦priority is to service interest," Sarath de Silva, chairman of Lankaputhra Development Bank said.
"Then we will have a structured repayment programme."
The Finance, where deposits topped 26 billion rupees before the crisis hit, accounts for about a quarter of sector assets, has a portfolio of property, leases and hire purchase.
The 69 year old firm started funding real estate projects a decade ago and now holds land and housing projects it values at over 5 billion rupees, officials said.
The firm had a maturing mis-match in its books.
"Three month, six month and one year short term deposits have been advanced for up to 5 and 10 year loans," says Lankaputra Development Bank’s chief risk officer Ravi Das