Banks to perform well this year
Should merge for country’s benefit:
The country’s banking industry will progress
further during this year, a top banking official said. The banking
sector in the country will perform well this year and volumes are
coming in.
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Related party transactions:
Monitoring and auditing needed
There should be an appropriate monitoring and
auditing system for related party transactions, Securities and
Exchange Commission (SEC) Chairperson Indrani Sugathadasa said.
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Reinsure with NITF - Chairman
Save vast amounts of foreign exchange:
The primary insurance companies in Sri Lanka
inject a lot of money annually to various foreign reinsurance
companies. The National Insurance Trust Fund (NITF),
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