2019-04-26 | Direction No. 2 of 2019

Maximum Rate of Interest on Microfinance Loans

The Monetary Board of the Central Bank of Sri Lanka issued these Microfinance Act Directions in April 2019 to regulate lending practices. The directive establishes the maximum permissible rate of interest that can be charged on microfinance loans within the jurisdiction. This regulatory measure aims to protect borrowers from excessive interest charges while ensuring the sustainability of microfinance institutions.

Sri Lanka

Central Bank of Sri Lanka

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# MONETARY BOARD
## CENTRAL BANK OF SRI LANKA
### MICROFINANCE ACT DIRECTIONS
**April 2019**