Colombo, Oct. 24 -- The Central Bank of Sri Lanka (CBSL) announced that by the end of the first six months of 2025, financial institutions in the country had granted a total of Rs. 1,161 billion (approximately) as vehicle-backed loans, reflecting strong demand following the easing of import restrictions earlier this year.

According to CBSL Deputy Governor J. P. R. Karunaratne, the majority of these loans were issued under leasing facilities, while the second-largest share consisted of mortgage-based vehicle loans. He made these remarks during a media briefing held on Wednesday (23) to present the Financial Soundness Indicators Q2 of 2025.

The Central Bank further revealed that the total gross loans and advances of the Licensed Finance C...