Bank of Ceylon reaches historic
milestone in record time
Bank of Ceylon created history by recording Rs
one trillion Balance Sheet at as end May this year. “This is the
first time that a corporate entity has achieved this significant
mile stone and this could be attributed to strong foundation during
the 70 year banking history and working towards a corporate plan. In
keeping with the 011012 target – Rs one trillion balance sheet, Rs
10 billion profit and 2012 as the time frame, we were able to
achieve both the targets well before the target time,” Bank of
Ceylon Chairman Dr. Gamini Wickramasinghe told Daily News Business.
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MV Cygnus Leader calls at Hambantota port
The roll-on/roll-off (Ro/Ro) vessel, MV Cygnus
Leader of the Japanese NYK Line made its first call at the Magam
Ruhunupura Mahinda Rajapaksa Port on June 13. Cygnus Leader, with
the capacity to load 6,500 units of vehicles onboard, called at the
MRMR Port on its way from Japan to the Middle East and discharged
806 vehicles and machinery manufactured in Japan, Germany, UK and
Thailand that was consigned to Sri Lanka.
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HSBC boosts RMB trade settlement services to 59 markets globally
In the first five months of 2012, HSBC has
broadened its global renminbi (RMB) network coverage to 59 markets
with RMB Trade Settlement capabilities. The recent launch of RMB
Trade Settlement services in Jordan further consolidates HSBC's
position as the leading international RMB bank and complements its
existing RMB Trade Settlement capabilities in 19 Asia-Pacific
markets.
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PCH Holdings to be listed at the Colombo Stock Exchange
PCH Holdings Ltd will listed at the Colombo
Stock Exchange by way of private placement. “We are listing the
holding company by introduction. We have received the approval from
the Securities and Exchange Commission (SEC). The purpose of the
listing is to capitalize on the appetite for PCH shares in the
market. With the listing the public will be able to buy shares by
the end of this week or on Monday, PCH Group Chairman S.H.M. Rishan
told Daily News Business.
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