Policy and Regulation

New Government Denies Printing of New Currency Notes, Clarifies Fiscal Practices

  • October 30, 2024

Minister Vijitha Herath has clarified that the new government has not printed any currency notes or taken loans from foreign institutions. The statement was made in response to a question posed by a journalist at Monday’s (28) Cabinet press conference. Minister Herath explained that while the Central Bank of Sri Lanka regularly issues new treasury

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Finance

Pan Asia Bank Unveils ‘SME Re-Energizer’ Loan to Support Business Growth

  • August 8, 2024

Pan Asia Bank has launched its new ‘SME Re-Energizer’ loan, a collaborative initiative with the Sri Lankan Government aimed at providing crucial financial support to SMEs and MSMEs across Sri Lanka. The ‘SME Re-Energizer’ loan offers investment opportunities up to Rs. 15 million per SME client with a valid business registration, featuring a competitive interest

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