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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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2 posters

    Good news for finance companies from budget

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    balapas
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    Good news for finance companies from budget Empty Good news for finance companies from budget

    Post by balapas Fri Nov 20, 2015 8:00 pm

    259. Honourable Speaker, I propose that licensed banks should concentrate on their core banking activities. The Leasing business, has become a distraction to core banking functions and as such Banks should cease in engaging in leasing business from 01 June, 2016.

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    kass
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    Good news for finance companies from budget Empty Re: Good news for finance companies from budget

    Post by kass Fri Nov 20, 2015 10:58 pm

    any way banks can form their leasing companies and do the business. Not a very good move for the banking sector in the short run

      Current date/time is Mon Oct 07, 2024 5:47 pm