Sri Lanka’s Central Bank Pursues Liquidators for Struggling Financial Institutions

Sri Lanka’s central bank has issued a request for expressions of interest (EOI) to form a designated “Pool of Liquidators.” This initiative aims to oversee the winding down and dissolution of distressed financial institutions.

The official notice states, “This invitation for Expression of Interest (EOI) pertains to the selection of a Pool of Liquidators responsible for the potential winding up of Licensed Banks and Licensed Finance Companies, as stipulated under the Banking (Special Provisions) Act, No. 17 of 2023.”

Firms or individuals interested in participating must submit their EOIs by 3 PM on September 7.

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Recently, the regulatory body revoked the finance business license of Nation Lanka Finance PLC (NLFP) and has commenced procedures for its winding up. (Colombo/August 24, 2026)