CBSL tightens Loan to Value ratio for credit granted for vehicles

CBSL tightens Loan to Value ratio for credit granted for vehicles
CBSL tightens Loan to Value ratio for credit granted for vehicles

The Central Bank of Sri Lanka (CBSL) has tightened maximum loan-to-value (LTV) ratios for motor vehicle credit and introduced a new cap for gold-secured credit, effective tomorrow (May 25). This follows the CBSL Governing Board’s measures to curb lending risk. Source: AdaDerana.

source http://www.adaderana.lk/news.php?nid=122906