- Last Update 2025-06-04 18:08:00
Central Bank extends deadlines on debt moratorium, refinancing facilities
The Central Bank, considering the difficulties faced by some customers of financial institutions affected by the COVID-19 pandemic to obtain certain relief measures, has extended the earlier deadline (April 30) for submitting requests for debt moratoriums and 4% per annum refinancing facility for two months working capital, to May 15.
In an announcement on Friday, the bank said these extensions were effected through the Circular No. 06 of 2020 dated 28.04.2020. The eligible businesses and individuals are requested to contact their respective banks with necessary information/documents on a timely basis if they wish to avail themselves of the relief measures.
“These measures require the banks to extend the existing tenure of loans eligible for moratorium by the respective moratorium period. Thus, we urge the borrowers to repay the instalments subject to the moratorium during such extended period without any additional cost, so that by receiving such funds banks will also be able to strengthen their liquidity positions,” the bank said.
-
Still No Comments Posted.
- May 31, 2025 - 446 - 0
Flt Lt Kasun Cumaratunga , more than a pilot, a guardian remembered on his 37th death anniversary
Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred
- June 2, 2025 - 404 - 0
National Tax week launched
The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.
- June 2, 2025 - 316 - 0
SriLankan Airlines’ new A330 Fleet to perform low fly past over Colombo on Wed.
- May 29, 2025 - 247 - 0
Mahindananda and Nalin Fernando Jailed
Former Sports Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando have sentenced to 20 and 25 years respectively after they were found guilty in a case of fraud.
Related Articles
No requirement to wear face masks in office premises: Health Secretary
- 04/06/2025 - 67 - 0
ETF trade unions protest
- 04/06/2025 - 62 - 0
Sailor arrested for assaulting Immigration officials
- 04/06/2025 - 70 - 0
Prasanna Madanayake new District Secretary for Matale
- 04/06/2025 - 41 - 0
Leave Comments