Sep 09, 2021

CBSL imposes 100% cash deposit margin requirements on selected imports

The Monetary Board of the Central Bank of Sri Lanka, decided to impose a 100% cash margin deposit requirement against the importation of selected goods of non-essential/non-urgent nature made under Letters of Credit and Documents against Acceptance terms with Licensed Commercial Banks and National Savings Bank, with immediate effect.

 CBSL press release on margins 09 sep 2021 page 001