Pawning Boom Signals Austerity’s Hidden Cost on Families
Source: Lanka News
Category: General
Region: Sri Lanka
Published: September 30, 2026 at 05:54
📝 Summary
Sri Lanka’s first-half banking figures expose a troubling contradiction in the country’s economic adjustment: bank credit is expanding, but much of the increase is flowing towards households rather than productive investment. The clearest warning is the explosive growth of pawning loans. Licensed commercial banks increased gold-backed lending by Rs.211.9 billion between December 2025 and June […] The post Pawning Boom Signals Austerity’s Hidden Cost on Families appeared first on Lankanews.lk .