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Wednesday, 8 July 2009

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Registered financial bodies stable:

Finance industry shows steady growth

Sri Lanka's finance industry has shown steady growth. It grew by 3.8 percent in the first quarter of 2009, with an economic growth rate of 1.5 percent. The lending credit growth slowed down in the first quarter and there is an increase in the non-performing loans.

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‘FinanceAsia’ ranks ComBank Sri Lanka’s Best Bank

The Commercial Bank of Ceylon has been adjudged Sri Lanka’s ‘Best Bank’ by Hong Kong based ‘FinanceAsia,’ one of the most eminent financial publications in the Region.

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CFHC introduces vessel monitoring system

The Ceylon Fishery Harbours Corporation (CFHC) will introduce a vessel monitoring system for vessel owners in Sri Lanka to monitor the movement of vessels. This is the first time such a movement system has been introduced to Sri Lanka, said Chairman, CFHC, Asanga Abeyagoonasekera.

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The transformer being set up in Kilinochchi



 
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