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Sri Lanka’s Central Bank amends annual license fee of banks

The Monetary Board requests every licensed commercial bank and licensed specialised bank to pay the licence fee in respect of the calendar year 2022 to the Central Bank on or before 31 January 2022, based on the total assets of such bank as at the end of 2021, as set out in the table below.

Annual licence fee for the year 2022

Total Assets as at the end 2021 (Rs. Bn) Licence Fee (Rs. Mn)
Above 2,000 38.0
Above 1,000 to 2,000 35.0
Above 500 to 1,000 28.5
Above 200 to 500 25.0
Above 125 to 200 18.5
Above 75 to 125 12.5
25 to 75 6.5
Less than 25 3.3

Annual licence fee for the year 2021

Total Assets as at the end 2020 (Rs. Bn) Licence Fee (Rs. Mn)
Above 1000 33
Above 750 to 1000 32
Above 500 to 750 26
Above 200 to 500 23
Above 125 to 200 17
Above 75 to 125 11.6
25 to 75 6
Less than 25 3
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