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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