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Reuters
Reuters
Business
Uditha Jayasinghe

Sri Lanka in talks for $100 million emergency funding from Beijing-backed bank

Sri Lanka Asian Infrastructure Investment Bank Christian Schmollinger
FILE PHOTO: A man counts Sri Lankan rupees at a money exchange counter in Colombo September 4, 2015. REUTERS/Dinuka Liyanawatte

The China-backed Asian Infrastructure Investment Bank is considering granting $100 million in emergency support to Sri Lanka, the country's finance ministry said on Sunday.

Sri Lanka has requested foreign-exchange liquidity support for state banks from the lender, it said in a statement.

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