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