Definition of Liquid Assets - LCBs — CBSL — LK

CENTRAL BANK OF SRI LANKA

Bank Supervision Department

Ref: 02/17/550/0016/001
17 February 2014

To: The Chief Executive Officers of Licensed Commercial Banks

Dear Sir/Madam

Definition of Liquid Assets under Section 86 of the Banking Act No. 30 of 1988, as Amended

In terms of section 21 (1) and the definition of "liquid assets" in paragraph (g) of section 86 of the Banking Act, No. 30 of 1988, as amended, the Monetary Board has determined that Standing Deposit Facility balances held by Licensed Commercial Banks with the Central Bank of Sri Lanka are liquid assets.

Licensed commercial banks shall report the eligible value of Standing Deposit Facility under code number 4.1.2.3.0.0 of the monthly web based return on Statutory Liquid Assets Ratio for Domestic Banking Unit (BSD-MF-04-LD).

Yours faithfully

(Mrs.) T M J Y P Fernando
Director of Bank Supervision

Level 6, No. 30, Janadhipathi Mawatha, Colombo 1 P. O. Box 590, Colombo 01, Sri Lanka.

94 11 2477100/659
94 11 2477711
banksup@cbsl.lk
www.cbsl.gov.lk

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Issued under

Banking Act, No. 30 of 19881988 · LK-LAW
“In terms of section 21 (1) and the definition of "liquid assets" in paragraph (g) of section 86 of the Banking Act, No. 30 of 1988, as amended, the Monetary Board has determined that Standing Deposit Facility balances held by Licensed Comm…”