Sri Lanka, June 20 -- The Central Bank of Sri Lanka (CBSL) advises the public not to be misled by advertisements published in the print and social media, which promote overseas property investments, and also offering guidance on obtaining foreign financing for such purposes.

Issuing a statement today, the CBSL said it has recently observed advertisements published in the print and social media that promote overseas investments in immoveable properties (overseas property investments) among Sri Lankan resident individuals. Such advertisements also offer guidance on obtaining foreign financing for such investments, it said.

In the statement, the CBSL draws the attention of the public to the following, in terms of Regulations and Orders iss...