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Private sector credit surge as June sees over Rs. 220bn in new lending
Daily Mirror - Sri Lanka
|August 11, 2025
RECORD MONTH DRIVES 17.9% YOY GROWTH; CENTRAL BANK DOWNPLAYS OVERHEATING CONCERNS
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Credit extended to the private sector rose sharply in June, accelerating from May and reflecting a significant increase in lending by commercial banks.
This surge comes amid declining interest rates and a growing economy, which is generating higher demand for funds to fuel expansion.
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