Restrictions on Discretionary Payments - CBSL
Sunday, 24 January 2021 - 8:36 The Monetary Board of the Central Bank of Sri Lanka having considered the possible adverse impact on liquidity and other key performance indicators of licensed commercial Banks and licensed specialised banks due to the covid-19 outbreak and the importance of maintaining appropriate levels of liquidity and capital buffers have issued a set of direction for restriction on discretionary- payments of licensed banks. Therefore, licensed banks are directed for the following; 1. Defer payment of dividends until the financial statements of 2020 are finalised and audit...
Source: hirunews.lk