Central Bank of Sri Lanka - Guidelines on Opening of New Banks in Sri Lanka


The Central Bank of Sri Lanka’s 'Guidelines on Opening of New Banks in Sri Lanka' provide general information on the economy and the banking industry of the country. The guidelines outline the regulatory framework applicable to banks and provide guidance to prospective applicants on the procedure for obtaining a license to carry on the business of banking in Sri Lanka. The document is divided into several parts, and covers the following topics:

1. An Overview of the Economy and the Banking Industry
2. Licensing Procedure
3. Evaluation Criteria
4. Main Prudential Requirements to be Complied with by Licensed Banks
5. Key Economic and Social Indicator
6. Application for Locally Incorporated Bank
7. Application for Branches of Foreign Banks
8. Additional Guidelines for Foreign Banks

Document Details

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Sunday, March 1, 2015
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Central Bank of Sri Lanka
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