The Central Bank of Sri Lanka says that they wish clarify the press release issued on March 5 with regard to the cancellation of license issued to Central Investments and Finance PLC (CIFL) under the Finance Business Act No 42 of 2011 and Certificate of Registration issued under the Finance Leasing Act No. 56 of 2000.
“As communicated to the public on December 5, 2017 through our press release all insured deposits of CIFL will be paid up to a maximum of Rs. 600,000 per depositor as per the regulations of the Sri Lanka Deposit Insurance and Liquidity Support Scheme,” the release which was issued by Department of Supervision of Non-Bank Financial Institutions said.
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