RegAlert

Rule · CBSL · 17 Jul 2025 · Banking Act Direction No. 03 of 2025

Loan to Value Ratios for Motor Vehicle Credit Facilities

credit

The Central Bank of Sri Lanka has issued Banking Act Directions No. 03 of 2025 to update loan-to-value ratios for motor vehicle credit facilities. Effective 18 July 2025, the new rules revoke three prior directives from 2018 and 2020 that previously set lending limits for motor vehicles. Grounded in Sections 46(1) and 76J(1) of the Banking Act, the framework standardizes risk-based lending caps to maintain financial stability in motor vehicle financing.

Sri LankaCentral Bank of Sri Lanka

CENTRAL BANK OF SRI LANKA

17 July 2025 | BANKING ACT DIRECTIONS | No. 03 of 2025

LOAN TO VALUE RATIOS FOR CREDIT FACILITIES GRANTED IN RESPECT OF MOTOR VEHICLES

Issued under Sections 46(1) and 76J(1) of the Banking Act, No. 30 of 1988, as amended.

The following Directions issued under Banking Act are hereby revoked with effect from 18.07.2025:

i. Banking Act Directions No. 01 of 2018 on Loan to Value Ratios for Credit Facilities Granted in Respect of Motor Vehicles.

ii. Banking Act Directions No. 05 of 2018 on Amendments to Directions on Loan to Value Ratios for Credit Facilities Granted in Respect of Motor Vehicles.

iii. Banking Act Directions No. 04 of 2020 on Loan to Value Ratios for Credit Facilities Granted in Respect of Motor Vehicles.

(Signature)

Dr. P Nandalal Weerasinghe
Chairperson of the Governing Board and
Governor of the Central Bank of Sri Lanka

1

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Banking Act Directions No. 01 of2018 on Loan to Value Ratios for …Not in RegAlertBanking Act Directions No. 01 of 2018 on Loan to Value Ratios for Credit Facilities Granted in Respect of Motor Vehicles — Not in RegAlertBanking Act Directions No. 04 of2020 on Loan to Value Ratios for …Not in RegAlertBanking Act Directions No. 04 of 2020 on Loan to Value Ratios for Credit Facilities Granted in Respect of Motor Vehicles — Not in RegAlertBanking Act Directions No. 05 of2018 on Amendments to Directions …Not in RegAlertBanking Act Directions No. 05 of 2018 on Amendments to Directions on Loan to Value Ratios… — Not in RegAlertLoan to Value Ratios for MotorVehicle Credit Facilities2025-07-17 · this documentLoan to Value Ratios for Motor Vehicle Credit Facilities (2025-07-17)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (3)
Supersedes
  • Banking Act Directions No. 01 of 2018 on Loan to Value Ratios for Credit Facilities Granted in Respect of Motor VehiclesNot in RegAlert

    “Banking Act Directions No. 01 of 2018 on Loan to Value Ratios for Credit Facilities Granted in Respect of Motor Vehicles.”

  • Banking Act Directions No. 04 of 2020 on Loan to Value Ratios for Credit Facilities Granted in Respect of Motor VehiclesNot in RegAlert

    “Banking Act Directions No. 04 of 2020 on Loan to Value Ratios for Credit Facilities Granted in Respect of Motor Vehicles.”

  • Banking Act Directions No. 05 of 2018 on Amendments to Directions on Loan to Value Ratios…Not in RegAlert

    “Banking Act Directions No. 05 of 2018 on Amendments to Directions on Loan to Value Ratios for Credit Facilities Granted in Respect of Motor Vehicles.”

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Source: Central Bank of Sri Lanka — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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