We are running IT company in Sri Lanka and bring 100,000 USD , However still we can not transfer USD for our local contractors. even bank declining USD transactions for directors salary, saying its CBSL policy. CBSL is dreming about economy, whoever do the internaltional business know the real situation and now we are palinig to move our business away. Everythig seems to be fake, Still there are lot of restrictions for doing businesses in SL.
When the floor rate for deposits was lowered, all the banks reduced the interest rate for deposits as the first thing in the day. But they forgot to lower the interest rate for loans... but cbsl has announced the new floor rate for lending... 9.5%. 😂
We are running IT company in Sri Lanka and bring 100,000 USD , However still we can not transfer USD for our local contractors. even bank declining USD transactions for directors salary, saying its CBSL policy.
CBSL is dreming about economy, whoever do the internaltional business know the real situation and now we are palinig to move our business away.
Everythig seems to be fake, Still there are lot of restrictions for doing businesses in SL.
When the floor rate for deposits was lowered, all the banks reduced the interest rate for deposits as the first thing in the day. But they forgot to lower the interest rate for loans... but cbsl has announced the new floor rate for lending... 9.5%. 😂
CBSL is dreaming in an UTOPIA 😂 ground level situation is a disaster😡. Talk to people and see .