Banking sector keen to support Govt. to exceed pre-COVID growth

Monday, 17 August 2020 00:08 - - {{hitsCtrl.values.hits}}

The Sri Lanka Banks Association (SLBA) representing all licensed banks in Sri Lanka has extended congratulations to President Gotabaya Rajapaksa, Prime Minister Mahinda Rajapaksa and the new Government on receiving a strong electoral mandate to develop Sri Lanka.

“The high level of confidence this political stability brings to financial markets and the expected policy consistency bodes well for the diverse sectors of the economy, the global financial community and the banks who intermediate to finance the productivity of entrepreneurs and contributors to economic growth in Sri Lanka,” the SLBA said in a short statement.

The SLBA also said the banking sector looked forward to participating with the Government and the Central Bank in meeting the formidable challenges of moving economic growth beyond the pre-COVID-19 levels.

“The banks remain committed to support the accelerated growth agenda of the Government,” it added.