CB Governor scoffs at baseless allegations
Sri Lanka has seen a healthy appetite of foreign
investments through several sources and the Board of Investment’s
estimate of attracting $ 1.8 billion this year is a reality.
Governor of Central Bank, Ajith Nivard Cabraal, in an interview to
the ‘Daily News Business,’ said that these sources include
Government securities, Stock Market investments,
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DFCC Group posts Rs 2,374mn PAT for nine months
The DFCC Group recorded a consolidated profit
after tax of Rs 2,374m for nine months ended 31 December 2012
compared with Rs 2,204m in the corresponding period of the previous
year (comparable period). The financial year of subsidiaries DFCC
Vardhana Bank PLC (DVB) and Synapsys (Pvt) Ltd,
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Credit ceiling to support economic march in 2013
The credit ceiling in December 2012 was now
expected to support the economy to move towards its full potential
in 2013. Compared to the increase of credit of Rs. 352 billion
extended to the private sector by commercial banks in 2012,
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