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DateLine Tuesday, 28 April 2009

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News: UN releases US $ 10 million to relief fund ...        Political: Prasanna Ranatunga tops WPC preference votes ...       Business: Demand for Govt Securities on the increase ...        Sports: Hammam certain of being retained as Executive Member of FIFA for Asia ...

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Following latest trends:

Demand for Govt Securities on the increase

The demand for Government Securities is increasing among the public due to the low bank savings interest rates and the high credibility factor, said Executive Director Wealth Trust, Mangala Boyagoda.

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Depositors should look at stability, capital adequacy ratio:

Ratings play pivotal role when investing in companies - MD/CEO Vardhana Bank

Banks collectively need to create awareness among depositors on selecting the correct institute to invest their money, said Managing Director/ CEO DFCC Vardhana Bank Limited L.G. Perera.

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‘A-Class’ CAMELS Rating for ComBank’s Bangladesh operations

The Commercial Bank of Ceylon’s Bangladesh operations have been accorded the highest ‘A’ rating by the banking regulator in that country, following an assessment based on the CAMELS method of international bank ratings, a reputed US supervisory rating system.

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Corporate gifts carrying the company’s logo promotes various products and services. Here Rainco (Pvt) Ltd workers turn out umbrellas for one of their clients at the factory in Kadugannawa.



 
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