Economics

Private Sector Credit Demand Slows in September, But Remains Resilient

  • November 11, 2024

Private sector credit demand showed signs of slowing in September, falling short of the recent high recorded in August, according to data from the Central Bank. In October, credit to the private sector increased by Rs. 89 billion, reflecting an 8.9% year-on-year growth. This was a decrease compared to the Rs. 135 billion growth seen

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Economics

Sri Lanka’s Private Sector Credit Grows by Rs.146 B

  • July 25, 2024

Sri Lanka’s credit to the private sector has expanded by Rs. 146 billion in the first half of 2024, with a notable increase of Rs. 74 billion in June alone, according to data from the Central Bank. This represents a 2% expansion in private credit for the first half of the year, which is lower

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