Tag: Sri Lankan bank lending rate cap may not support loan growth

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Sri Lankan bank lending rate cap may not support loan growth : Fitch

Oct 07, 2019 (LBO) – The lending rate cap recently imposed by the Central Bank of Sri Lanka (CBSL) on rupee-denominated loans extended by Sri Lankan banks may not improve loan growth in the short term, Fitch Ratings says. To the extent banks cannot price for risk in order to make hurdle rates of return, […]