More banks in NE

Six new bank branches will be opened in the Northern Province to facilitate economic activities in the area.

People's Bank is due to open three new branches in Kilinochchi, Mankulam and Paranthan while Commercial Bank and Seylan Bank are due to open one branch each in Kilinochchi.

The Nations Trust Bank will open a branch in Jaffna.

Three new bank branches will be opened in Kilinochchi and one each in Paranthan, Mankulam and Jaffna.

Necessary approvals of the Central Bank have also been granted for further new bank branches in the Northern and Eastern Provinces, in the next few months.