'Banking sector at risk of accumulating tourism related non-performing loans' – The Island
By Hiran H.Senewiratne The government should take immediate steps to restructure the tourism sector’s huge debt portfolio of Rs 500 billion. If not, the entire banking sector is at a risk of accumulating non- performing loans, which is detrimental to both sectors, a tourism expert and hotelier Chandana Amaradasa said. ” The government should restructure […]