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Monday, 20 July 2009

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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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Chairman Capital Reach Leasing Mayura Fernando (Left) signs the Trustee Agreement with ,Director, Head Trust and Securities Services of the Deutsche Bank Tyrone Hannan. Head Trust and Securities Operations Deutsche Bank, Ravi Goonatilleke, Managing Director Capital Reach Leasing, Nalin Wijekoon and CEO Liege Capital Maduranga Jayasundara look on.



 
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