Central Bank increases maximum compensation under deposit insurance scheme by Rs.500

Central Bank increases maximum compensation under deposit insurance scheme by Rs.500,000

The Monetary Board of the Central Bank has decided to increase the maximum compensation payment under the Sri Lanka Deposit Insurance and Liquidity Support Scheme (SLDILSS) from Rs.600,000 to Rs.1,100,000, by Rs.500,000. This decision has been taken to provide further relief to the depositors of financial institutions regulated by CBSL in the event of a […]