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Actions will be taken to liquidate five failed finance companies: Central Bank

Actions will be taken to liquidate the five failed finance companies in accordance with applicable legal provisions, Sri Lanka's Central Bank said.

The Monetary Board, having considered the Report of the Advisory Committee on the five failed finance companies, noted that the proposals received fo ....

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CBSL starts increased compensation payment to depositors of failed finance companies

The Central Bank (CBSL) has commenced payment of the increased compensation amount of Rs 500,000/- under the Sri Lanka Deposit Insurance and Liquidity Support Scheme (SLDILSS), to the depositors / relevant legal beneficiaries of Central Investments and Finance Limited (CIFL), The Standard Credit Finance Limited (TSCFL), TKS Finance Limited (TKSFL), The Finance Company PLC (TFC), ETI Finance Limited (ETIFL) and Swarnamahal Financial Services PLC (SFSP).
Accordingly, the depositors / relevant legal beneficiaries of CIFL, TSCFL and TKSFL are being paid directly by the CBSL upon receipt of consent forms along with the required documents specified in the CBSL press notice issued on 04.04.2021. ....

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Central Bank increases maximum compensation under deposit insurance scheme by Rs.500,000

Central Bank increases maximum compensation under deposit insurance scheme by Rs.500,000
lankabusinessonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankabusinessonline.com Daily Mail and Mail on Sunday newspapers.

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Aschheim - Das Sparsäckel leert sich - Landkreis München

Aschheim - Das Sparsäckel leert sich - Landkreis München
sueddeutsche.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sueddeutsche.de Daily Mail and Mail on Sunday newspapers.

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Six finance companies fell since 2015 - State Minister

Six finance companies fell since 2015 - State Minister
dailynews.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailynews.lk Daily Mail and Mail on Sunday newspapers.

Ajith Nivad Cabraal , Hesha Withanage , Standard Credit Finance Ltd , Swarnamahal Financial Services , Central Bank , Good Governance , Central Investments , Finance Ltd , Finance Company , Capital Market , State Minister Cabral , Samurdhi Banks , State Minister Cabraal , தரநிலை கடன் நிதி லிமிடெட் , மைய வங்கி , நல்ல ஆளுகை , மைய முதலீடுகள் , நிதி லிமிடெட் , நிதி நிறுவனம் , மூலதனம் சந்தை , நிலை அமைச்சர் கப்ரல் ,