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Saturday, 01 March 2014 - 20:07
Sri Lanka financial sector consolidation progressing satisfactorily - Central Bank.
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The Central Bank said yesterday, that the progress in the consolidation of the financial sector to create a stable financial sector with strong and dynamic financial institutions has been satisfactory during the month of February 2014.

Sri Lanka's Central Bank has initiated action on consolidating the financial sector as proposed in the 2014 budget by the President and presented in the Bank's Road Map for 2014.

One-to-one meetings took place with regional representatives and senior management of foreign banks and the foreign banks agreed to play an increasingly active role in the economic activities of the country.
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