Annual Licence Fee of Licensed Commercial and Specialised Banks

05 December 2022
MONETARY BOARI)
CENTRAL BAIIK OF SRI LANKA
BAI{KING ACT DETERMINATION No.01 of2022
ANNUAL LICENCE FEE OF
LICENSED COMMERCIAL BANKS AND LICENSED SPECIALISED BANKS Determination made by the Monetary Board of the Central Bank of Sri Lanka under Sections 8 and 76D (6) of the Banking Act, No. 30 of 1988, as amended. In terms of Sections 8O and 76D (6) of the Banking Act No. 30 of 1988, the Monetary Board has determined that every licensed commercial bank and licensed specialised bank shall pay the licence fee in respect of the calendar year 2023 to the Central Bank of Sri Lanka on or before 3l't January 2023, based on the total assets of such bank as per regulatory reporting as at the end of 2022, as set out in the Table below. Annual licence fee for theyear 2023 Total Assets as at the end2022 @s. Bn) Licence Fee (Rs. Mn) Above 2,000 38.0 Above 1,000 to 2,000 35.0 Above 500 to 1,000 28.5 Above 200 to 500 2s.0 Above 125 to 200 18.s Above 75 to 125 t2.5 25 to 75 6.5 Less than 25 J.J Chairman of the Monetary Board and Governor of the Central Bank of Sri Lanka