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Lakshman Kiriella: Bond scandal assets freeze
(www.factcheck.lk, 3/11/2020)
PARTLY TRUE: The allegation is that the UNP caused a loss of LKR 10 billion through bonds. The country has not experienced a loss because the CBSL froze/impounded LKR 12 billion from Perpetual Treasuries. However, the ...
Prof. W.D. Lakshman: Banking Sector
(www.factcheck.lk, 7/30/2020)
TRUE - The banking sector remains strong with total capital adequacy ratio above 16 per cent, net stable funding ratio above 130 per cent, liquidity coverage ratio above 175 per cent and statutory liquid asset ratio above ...
Bandula Gunawardana: Central Bank Liability
(www.factcheck.lk, 6/25/2020)
TRUE: When money is deposited in a financial institution, the Central Bank of Sri Lanka is only responsible for up to LKR 600,000.
- Bandula Gunawardana, Department of Government Information Facebook Page, 4 June 2020
Harsha de Silva: Loan Collateral
(www.factcheck.lk, 8/20/2020)
Also, for the first time in Sri Lanka’s history, when Sri Lanka, as a sovereign state, asked the international community for a loan, they asked for collateral. This is because the international community has identified ...