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Lending Trend

June 22, 2010 (LBO) - Loans to private borrowers from Sri Lanka's commercial banks grew at a slower rate in April compared with March while foreign currency loans fell, latest Central Bank data shows.
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Credit to the private sector rose 7.
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6 billion rupees to 1,242.7 billion rupees in April compared with March, when it had grown by 30 billion rupees, the biggest monthly gain since credit started to grow last September.
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Most of the credit, or 9.4 billion rupees, were rupee loans from the domestic banking units of commercial banks which grew to 1,093.

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7 billion rupees.

Total forex loans outstanding fell 1.

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8 billion rupees in April to 149 billion rupees.

Loans from domestic banking unit to the state also fell, down 6.

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8 billion rupees to 444.8 billion rupees.
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