Central Bank has decided to issue a license cancellation notice to The Finance with effect from 23rd October 2019. Meaning, The Finance can no longer accept deposits from the general public.
If you have a deposit with The Finance, the interest will be paid by the company as agreed however you can not withdraw the deposit at this stage.
If you have lease/hire purchase facility you need to keep on paying the monthly installments.
The Central Bank of Sri Lanka has guaranteed LKR 600,000 per depositor in accordance with the deposit insurance and liquidity support scheme. This safeguards 94% of the depositors.
More info
https://www.lankabusinessonline.com...e-cancellation-notice-to-the-finance-company/