ANNOUNCED AS TEMPORARYNo
Controls on credit operations
On 7 March 2017, the Central Bank of Sri Lanka through Direction No. 1 of 2017 permitted dealer banks to issue loans to Sri Lankans living outside Sri Lanka, either on Permanent Residency (PR) status or with a dual citizenship, for purchase/construction/development/renovation of a residential property in Sri Lanka. The loans may be granted in Foreign Currency or in Sri Lankan Rupees.
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