Considerable increase in daily CSE turnover
Chairman CSE, Nihal Fonseka said there has been a
sudden growth in the stock market just after the end of the war.The
daily turnover level of the CSE has increased considerably recently.
The level of turnover was about Rs.100 million a day in February and
March.
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Deposits grow 17 percent, Advances 9 percent and
profitability 17 percent in 1H, 2009:
SANASA Development Bank maintains growth momentum
SANASA Development Bank Ltd (SDBL) has recorded
yet another impressive performance during the first six month ending
June 30, 2009. The bank recorded a pre tax profit of Rs. 170.7
million as against Rs. 100 million for the corresponding period in
year 2008, is an increase of 71 percent. Despite the economic slow
down and unhealthy business environment, the Bank performed
exceptionally well during the first six months of the year,” said
General Manager / CEO, Nimal Mamaduwa, in a media release.
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Healthy contribution towards development:
SLT to expand communication network to North and East
Sri Lanka Telecom (SLT),has extended its fullest
support to the Government by continuously upgrading and expanding
its communication network to cater to the needs of the people with
special emphasis on the Northern and Eastern areas of the country.
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Capital Reach raises Rs. 181 Mn
Capital Reach Leasing PLC has raised Rs. 181
million from a securitization of Lease and Hire Purchase
receivables.
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