OTHER NEWS Sri Lankans abroad invited to invest in T-Bills, bonds Colombo indices mixed at market close Sri Lankans abroad invited to invest in T-Bills, bonds Seylan Bank to explain ‘operations’ to media    Advertisement Print Version | Email to friend Central Bank of Sri Lanka getting tough on illegal financial companies 19-11-2008 The Central Bank of Sri Lanka has commenced special inquiries on another twenty illegal financial institutes currently running in the country. A senior official of the Bank said that they are receiving complaints daily on these illegal financial institutions. According to the sources the Central Bank had appointed a special team to inquire on this issue. Meanwhile the Central Bank had suspended activities of another fraudulent financial company few days ago. With this financial institute the Central Bank had banned 28 fraudulent companies within the last two months following the Sakwithi Ranasingha\'s scam. Print Version | Email to friend

Sri Lankans abroad invited to invest in T-Bills, bonds Wed, 07-01-2009 12:00:00 The government on Wednesday invited the Sri Lankans living abroad and migrant workers to invest in Rupee-denominated Treasury bills and Treasury bonds with effect from January 6. The initiative by the Central Bank (CB), announced last Friday in the CB’s 'Road Map: Monetary and Financial Sector Policies for 2009 and beyond', is intended to provide a safe and highly liquid investment opportunity for Sri Lankans abroad, while providing them with an attractive return on their invest... |FULL STORY|

Colombo indices mixed at market close Wed, 07-01-2009 12:00:00 Colombo stocks barely changed from morning at Wednesday’s market close, with both indices marginally up on thin turnover, analysts said. JKH was 25 cents high to Rs 50.25 trading 48,300 shares, with Dialog also seeing a 25 cents increase to Rs 6 as was in the morning. The turnover was at Rs 46 million with the All Share Index at 1,550.07, up by just 0.6 points and Milanka up by 18.59 points to 1,672.94 at stock market close. Ceylinco shares such as Seylan was up by Rs 1... |FULL STORY|

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Sri Lankans abroad invited to invest in T-Bills, bonds Wed, 07-01-2009 12:00:00 The government on Wednesday invited the Sri Lankans living abroad and migrant workers to invest in Rupee-denominated Treasury bills and Treasury bonds with effect from January 6. The initiative by the Central Bank (CB), announced last Friday in the CB’s 'Road Map: Monetary and Financial Sector Policies for 2009 and beyond', is intended to provide a safe and highly liquid investment opportunity for Sri Lankans abroad, while providing them with an attractive return on their invest... |FULL STORY|

Seylan Bank to explain ‘operations’ to media Wed, 07-01-2009 05:00:00 Seylan Bank has called a press conference for tomorrow (Thursday morning) to brief the media on recent developments relating to the management takeover and other issues, a spokesperson for its PR firm said. She said the Bank planned to explain the involvement between Seylan, the Central Bank and the Bank of Ceylon (BoC), the new board of directors and the level of deposits and withdrawals, among other matters. The Central Bank last week handed over management to the BoC which in... |FULL STORY|

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