Softlogic Finance of Sri Lanka will reopen after the national bank removes limitations

 Softlogic Finance of Sri Lanka will reopen after the national bank removes limitations

Softlogic Finance announced the resumption of its business activities following the lifting of regulatory restrictions by Sri Lanka’s central bank on September 19. The company has successfully met the core capital requirements and intends to accept new deposits, along with re-opening its distribution channels for both individual and institutional investors. The necessary capital restoration was facilitated through enhancements from its parent company, Softlogic Capital PLC. Moving forward, Softlogic Finance aims to aggressively pursue its business growth strategies and re-establish its position within the financial sector

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