SLIC

Officials of some Commercial Bank unions through press conferences and press articles are trying to depict that the shareholders of the Bank, are acting in a manner that is detrimental to the banking sector.
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Officials of some Commercial Bank unions through press conferences and press articles are trying to depict that the shareholders of the Bank, are acting in a manner that is detrimental to the banking sector. The purpose of this campaign is to create a misnomer among the public opinion and set in motion a series of court action on a sympathetic note.

This notice is published for the interest of the public to keep them alerted and aware of true and correct position.

¢ Neither Sri Lanka Insurance nor Distilleries Company has purchased any shares of Commercial Bank of Ceylon after May 30, 2001.

¢ None of the above companies has purchased shares of DFCC Bank after Sep.18, 2002.

¢ The holdings of shares in large number of listed companies including bansk are made within the laws of the land.
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Monitoring bodies that are entrusted to govern the institutions have cleared the holdings as within the regulations.

¢ Further, not a single bank loan, overdraft, or any other bank

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