Market Report, "Sri Lanka Commercial Banking Report Q4 2012", Published
BMI View: Since we last cautioned that the central bank's hawkish turn would spell 'double trouble' the country's banking sector, given the added backdrop of a slowing economy, the Central Bank of Sri Lanka (CBSL) has only become more aggressive with its approach to curb loan growth. With private sector credit growth appearing to pick up pace once more, the CBSL could be forced to go over and above simple interest rates measures, possibly initiating much more direct reserve ratio...
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