"The Central Bank is ready to receive duly completed applications from eligible companies, which would be submitted to the Monetary Board," Coomaraswamy said, delivering a roadmap for its activities in 2017.
"Continuous surveillance and on-site examinations of Licensed Microfinance Companies (LMFCs) will be conducted by the Central Bank."
"We expect to maintain a constant dialogue with the LMFCs and increase awareness on regulations."
Sri Lanka's Microfinance Act had become law in July 2016. The Central Bank has set up a Department of Supervision of Microfinance Institutions to supervise the sector to "ensure good governance, transparency and stability".