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About: Banking in Sri Lanka     Goto   Sponge   NotDistinct   Permalink

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The banking sector in Sri Lanka is monitored by the Bank Supervision Department of the Central Bank of Sri Lanka under the Banking Act, Monetary Law Act and the Exchange Control Act. Three types of financial institutions are permitted under Banking Act and the Finance Companies Act to operate in Sri Lanka by the Central Bank of Sri Lanka. They are 1. * Licensed Commercial Banks 2. * Registered Finance Companies 3. * Licensed Specialized Banks