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1982: BOC founded the first merchant bank in Sri Lanka, which was named the Merchant Bank of Sri Lanka. 1987: The bank moved into its 32-storey headquarters. Sri Lankans have nicknamed the building (Pittu bambuwa "පිට්ටු බම්බුව") a Sinhalese term used for a cylindrical cooking implement. The new building enabled the bank ...
COLOMBO (Reuters) -Sri Lanka is asking international bond holders to take a 30% haircut and is seeking similar concessions from investors in its domestic dollar-denominated notes as it seeks to ...
Associated Newspapers of Ceylon Limited is a public limited liability company incorporated in Sri Lanka in 1926 by its founder D. R. Wijewardena. 75% of its shares were Nationalized under the Associated Newspapers of Ceylon Limited (Special Provisions) Law No. 28 of 1973 and this stake is held by the Public Trustee of Sri Lanka on behalf of the ...
The Central Bank of Sri Lanka was established in 1950, two years after independence. The founder governor of the Central Bank of Sri Lanka was John Exter, while the minister of finance at the time was J. R. Jayewardene. Under the former name of Central Bank of Ceylon, it replaced the Currency Board that until then had been responsible for ...
Ceylon Today is an English language Sri Lankan daily newspaper published by Ceylon Newspapers (Private) Limited. It was founded in 2011 and is published from Colombo. Its sister newspaper is the Mawbima. Ceylon Newspapers (Private) Limited is owned by politician Tiran Alles. [1] The first edition of the newspaper was published on 18 November ...
(Bloomberg) -- Sri Lanka’s opposition parties are trying to cobble together an all-party government and pick candidates who can take over after President Gotabaya Rajapaksa and Prime Minister ...
It is the largest lender to Sri Lanka's Small and Medium Enterprise sector. [7] The Ministry of Finance of Sri Lanka revealed that the Commercial Bank of Ceylon was the biggest lender to SME sector for the year 2020 amounting to an estimated amount of 21.6 billion rupees which was 15% more than the second biggest lender to SME. [8]
Sri Lanka, [b] historically known as Ceylon, [c] and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia. It lies in the Indian Ocean , southwest of the Bay of Bengal , separated from the Indian peninsula by the Gulf of Mannar and the Palk Strait .