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 Date: 2025-11-11   Answered 

1182/2025: BANKS AND OTHER FINANCIAL INSTITUTIONS IN NORTHERN AND EASTERN PROVINCES: LOAN INTERESTS CHARGED

Hon. Sivagnanam Shritharan,— To ask the Minister of Finance, Planning and Economic Development,— (1)

(a) Will he state the —

(i) number of state and private sector banks, insurance companies, microfinance and other financial institutions in the Northern Province and their names, separately in each district; and

(ii) interest rates charged by state and private sector banks and microfinance institutions separately in providing loans?

(b) Will he also state —

(i) whether he is aware that some individuals have committed suicide due to the inhumane practices of the microfinance institutions in the Northern and Eastern Provinces;

(ii) if so, the number of individuals who have committed suicide in each district, separately;

(iii) the names of the parties who are responsible for the deaths of those individuals; and

(iv) whether steps will be taken to monitor the functions of the microfinance institutions in future to stop the inhumane practices carried out by those institutions?

(c) If not, why?

 

Asked Date

2025-11-11

Asked by

Hon. Sivagnanam Shritharan, M.P.

Ministry

Finance, Planning and Economic Development

Legislature

Tenth Parliament of the D.S.R. of Sri Lanka

Session

First Session

Question History

Answer

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Answered Date

2026-01-08

Answered by

Hon. (Dr.) Anil Jayantha, M.P.





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