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Wednesday, 5 October 2011

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Asia will lead way out of crisis - Governor

Sri Lankan banks and financial institutions need to create additional space to face future economic shocks in the world to remain economically robust and responsible for the well-being of the public, Central Bank Governor Ajith Nivaard Cabraal said.

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Maspro Lanka in Rs 600m expansion

One of the leading TV antenna manufacturers in the country, Maspro Lanka, will go for a major expansion with an investment of Rs 600 million to manufacture a new inbuilt antenna conforming to international quality standards.

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Asian Bankers’ Association Secretary Dr. Webster Kiang, Rizal Commercial Banking Corp CEO and ABA Vice Chairman Lorenzo Tan, Sri Lanka Banks’ Association Chairman Haris Premaratne, Bank of America Vice Chairman James Quigley Mackinmey Tsai, Central Bank Governor Ajith Nivard Cabraal, HNB Chairman Dr Ranee Jayamaha, Asian Bankers’ Association Chairman and HNB MD and CEO Rajendra Theagarajah. Picture by Sumanachandra Ariayawansa



 
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