Banking Sense (BM/2015/308)

PRODUCTS OF BANK OF CEYLON FACILITIES      I.           Credit Facilities Bank of Ceylon offer handy financial options for corporate customers to                                             cater for their multi-faceted long term financial needs and to meet the working capital requirements.   II.           Overdrafts Providing simple and speedy solutions that can be used to finance working capital requirements of your business and to meet any urgent financial needs. III.           Money Market Loan Efficient and expeditious solutions to cater urgent funding requirements, yet short term in natur...

Banking sector of Sri Lanka The banking sector in Sri Lanka includes both the Licensed Commercial Banks and Licensed Specialized Banks. They have the highest share of the total assets in the financial system. Banks play a vital role within the Sri Lankan financial system to engage in the provision of liquidity to the entire economy and achievement of continuous economic growth. The banking sector in Sri Lanka is supervised and monitored by the supervision department of the Central bank of Sri Lanka. The acts that related to the banking sector are the Banking Act, Monitory Act, and the Exchange Rate Control Act. The Assets of the financial system can be categorized as follows, In the Banking sector, there are 33 banks. It can be divided into two parts, they are, 26 Licenced commercial banks and 7 Licenced specialized banks. The banking sector of Sri Lanka can be categorized as follows, Licensed Commercial Banks ·    Amana Bank PLC  ...