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  2. People's Bank (Sri Lanka) - Wikipedia

    en.wikipedia.org/wiki/People's_Bank_(Sri_Lanka)

    Website. www.peoplesbank.lk. A branch of the bank in Kandy. People's Bank is a state-owned commercial bank in Sri Lanka. The second largest commercial bank in Sri Lanka. Established on 1 July 1961, it has its head-offices at Sir Chittampalam A. Gardiner Street in Colombo. The bank offer both retail and corporate banking services, with a network ...

  3. Debt restructuring in Sri Lanka - Wikipedia

    en.wikipedia.org/.../Debt_restructuring_in_Sri_Lanka

    Sri Lanka has been grappling with significant economic challenges, including high levels of external debt and a strained fiscal situation. The COVID-19 pandemic further exacerbated these issues, leading to reduced revenues, increased borrowing, and a decline in foreign exchange reserves. As a result, the government has been facing difficulties ...

  4. Central Bank of Sri Lanka - Wikipedia

    en.wikipedia.org/wiki/Central_Bank_of_Sri_Lanka

    The Central Bank of Sri Lanka (abbr. CBSL; Sinhala: ශ්‍රී ලංකා මහ බැංකුව, romanized: Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023, the CBSL is a body ...

  5. LB Finance - Wikipedia

    en.wikipedia.org/wiki/LB_Finance

    LB Finance. L B Finance PLC sometimes spelt LB Finance, is a Sri Lankan non-bank financial institution. The company is incorporated in 1971 and initially, the majority of shares were held by Lewis Brown & Company. The company was listed on the Colombo Stock Exchange in 1997. In 2003, Dhammika Perera acquired the company and became a subsidiary ...

  6. Common personal loan myths — and the actual facts you ... - AOL

    www.aol.com/finance/common-personal-loan-myths...

    Myth: Personal loans are worse than credit cards. For those with a good to excellent credit score and a stable income, the interest rate on personal loans is often lower than credit cards. You may ...

  7. Should I use a personal loan to pay off credit card debt? - AOL

    www.aol.com/finance/personal-loan-pay-off-credit...

    Key takeaways. Using a personal loan to pay off credit card debt can save money on interest and simplify monthly payments. Personal loans are still a form of debt, and it’s important not to rack ...

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