Com Bank posts growth
Commercial Bank Group comprising Sri Lanka’s
benchmark private sector bank, its associates and subsidiaries has
reported a pre tax profit of Rs. 5,549.7 million for the first three
quarters of the year, a growth of Rs 229.5 million or 4.31 per cent
over the corresponding period in 2007.
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Vanik awaits Court of Appeal order to restructure
Vanik Incorporation PLC is awaiting the Court of
Appeal judgement to go ahead with its restructuring plan, which was
approved by majority stakeholders and shareholders of the company,
its Chief Executive Officer (CEO), Justin Meegoda said.
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Perspective:
Beware international bank fraudsters
Many local businessmen and entrepreneurs have
been victims of international cheque frauds by gangs of crooks.
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