14 March 2024 10:24 am Views - 2381
Addressing the media, SLUNBA Deputy Chairman Susantha Liyanaarachchi urged individuals not to sign English loan agreements from today, as many of these agreements do not clearly state their specified requirements.
After the Cabinet decision to suspend the parate rights of banks till December 15, banks have acquired the properties of the people, he said.
"As there is a significant number of banks operating within the country, the small and medium enterprises (SMEs) today requested the President to issue immediate notes to close those banks if they cannot pass loans for them," he said.
According to the statement issued by the Sri Lanka Bankers Association, they have to close their banks if they cannot conduct business with SMEs, Liyanaarachchi said.