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The Investor Sentiment - Equity and investments forum for Sri Lankans

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Good news for finance companies from budget

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The Investor Sentiment - Equity and investments forum for Sri Lankans :: Equities :: Industry Analysis :: Banks, Finance & Insurance
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balapas
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Good news for finance companies from budget Empty Good news for finance companies from budget

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

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
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