Overview:
Established in 1950, the Central Bank of Sri Lanka (CBSL) regulates the money, banking and credit system of the country.
Description:
CBSL consists of 26 departments, including the Bank Supervision Department which regulates and supervises all banking institutions in Sri Lanka. CBSL administers and regulates commercial banks, non-banking financial institutions and credit unions. CBSL is currently drafting legislation that would provide the regulation and supervision of “non-prudentially” regulated microfinance providers. In addition, the National Development Trust Fund (NDTF), a government-funded wholesale program, disburses funds to the microfinance sector through partner organizations.
Organization’s Website:
http://www.cbsl.gov.lk/
Just the Facts:
Year founded: 1950
Chief officer: Ajith Nivard Cabraal, Governor
Basis for legal authority: Monetary Law Act No. 58 of 1949 (MLA)
Number of Partner Organzations: 189
Total funds disbursed by NDTF: LKR 1,402 million (USD 12.2 million)
Contact Information:
Central Bank of Sri Lanka
P.O. Box 590
30, Janadhipathi Mawatha
Colombo 01
Sri Lanka
Tel: +94 11 247 7000
Email: cbslgen@cbsl.lk
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Additional Resources:
Latest News & Publications:
http://www.cbsl.gov.lk/info/02_prs/prs.htm
Link to MicroCapital Universe Wiki Page:
http://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Central+Bank+of+Sri+Lanka+%28CBSL%29