Written by Staff Writer
29 Oct, 2015 | 12:51 pm
The Finance Ministry said that a 90 percent leasing facility for motor vehicles will come into effect from Thursday.
The Ministry issued a statement saying that the official notice will be sent out to the government and private financial institutions today.
From September 15, 2014, the 100% leasing facility was limited to 70% by the Central Bank of Sri Lanka.
However, considering the negative impact this might have on the market the Finance Minister stated that a 90% leasing facility will be given for motor vehicles.
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