Sri Lanka, July 19 -- Sri Lanka's key financial soundness indicators in the banking and financial sector have improved considerably since the country's economic crisis, reflecting the resilience of the banking and non-bank financial sectors, former Central Bank Deputy Governor J.P.R. Karunaratne said.

"If you look at the numbers, they look very good despite the shocks we experienced during the recent past," he said.

Karunaratne said at the Wednesday forum that the banking sector's capital adequacy ratio is around 19%, while the non-bank financial sector's capital ratio is also close to 19%, providing a solid capital cushion against potential losses.

He said that liquidity in the banking sector remains exceptionally strong, with the li...