Four new finance companies
RFCs must get listed before June 2011:
Four local companies have applied for licences to
establish finance companies (RFC) from the Central Bank during this
year. The Central Bank is in the process of evaluating these
applications a senior Central Bank official told Daily News
Business.
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NE bank branches disburse Rs 656 m in loans
CB praises high level of recovery:
Twelve bank branches mainly in the North and
East have provided 11,360 loans under four categories amounting to
Rs 656 million with a high level of recovery during last year. Bank
of Ceylon Achchuveli, People’s Bank Welikanda and Rajarata
Development Bank were commended for the excellent service of the
bank officers in the field for delivery of development credit during
2009 under the New Comprehensive Rural Credit Scheme (NCRCS) held at
the Central Bank Training Institute in Rajagiriya yesterday.
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Hambantota Port project proposals close September 30
Accepting project proposals for the establishing
of new businesses in the Hambantota industrial port ends September
30. The Government requested project proposals from potential
investors to establish ventures in the Hambantota industrial port
recently. Hambantota Port Project Director Agil Hewageegana said 27
foreign and local investors have already taken the required
documentation to submit their business proposals.
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