Extraordinary regulatory measures taken by Central Bank to provide flexibility to banks | Daily FT

To support COVID-19 affected businesses and individualsAt present the banking sector in Sri Lanka as a whole is operating with healthy capital and liquidity buffers reflecting resilience and stability.Since 2017, the banks have built up capital which can be utilised in times of stress. As at end 2019, total capital adequacy ratio of the banking sector stood at 16.5%, which is well above the regulatory minimumof 13.5%/14% and 12.5% applicable for Domestic Systematically Important Banks (D-SIBs) and non-D-SIBs, respectively.At present the capital buffers in excess of the Capital Conservation Buf…

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