Loans to business from Sri Lanka’s commercial banks rose 34.5 percent to 2,005.9 billion rupees in the year to December 2011, with credit to the state hitting a new monthly high, official data showed.
Credit to business in December remained at a high 60.2 billion rupees in December 2011, slightly lower than the 63.2 billion rupees in November but state credit hit a new high of 52.9 billion rupees up from 32.1 billion rupees a month earlier. More…
Sri Lanka state credit hit new high in December 2011 Reply
Reposted from Lanka Business Online
