Central Bank Loan Regulations
The Central Bank of Sri Lanka has introduced new regulations affecting vehicle and gold loan financing. These changes aim to strengthen financial system stability by adjusting loan-to-value ratios for different types of credit facilities.
Looks like the Central Bank's got a new hobby: turning vehicle and gold loans into an obstacle course where only the most determined borrowers survive. Next up, they'll probably require borrowers to complete a ninja warrior-style financial fitness test just to get a car loan.
The Central Bank of Sri Lanka (CBSL) has announced a fresh tightening of vehicle financing regulations, further reducing the maximum loan-to-value (LTV) ratios that banks and finance companies can offer for vehicle purchases. The new regulations, issued under Directions No. 01 https://t.co/JVb1XMxQlP
A maximum Loan to Value (LTV) ratio of 70% has been introduced by the Central Bank of Sri Lanka (CBSL) for credit facilities secured by gold collateral, effective May 25, 2026. (1/2) #lka #SriLanka #Gold https://t.co/V8QJUufKt6
The Central Bank of Sri Lanka (CBSL) has issued new directions imposing a maximum loan-to-value (LTV) ratio of 70% for credit facilities secured by gold collateral, in a move aimed at strengthening financial system stability and mitigating systemic risks. Under the new Central https://t.co/AqTtP4mUCh