Non-Performing Loans Decline in Q3 2024 Amid Economic Recovery
The Central Bank of Sri Lanka (CBSL) has reported a notable decline in non-performing loans (NPLs) during the third quarter of 2024 (Q3), reflecting the country’s gradual economic recovery. According to the Credit Supply Survey, NPLs across the retail, corporate, state-owned enterprises (SOEs), and SME sectors reduced significantly compared to the previous quarter. The NPL