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CBSL flags financial risks from surge in vehicle & gold-backed loans

Source: Sri Lanka Mirror
Category: Business
Region: Sri Lanka
Published: October 13, 2026 at 04:26

πŸ“ Summary

Credit growth in the Finance Companies (FCs) sector has increased significantly due to rising demand for vehicle financing and gold-backed lending, according to the Central Bank of Sri Lanka’s (CBSL) Financial Stability Review 2026. The CBSL stated that the private sector credit gap had continued to widen due to rising household debt alongside this credit […]

πŸ”— Read Full Article at Sri Lanka Mirror ✨ Extract Article
🏷️ Keywords:
cbsl credit financial vehicle gold backed sector rising flags risks

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