Tag: Central Bank considering alternatives to revive Swarnamahal Financial Services

May 02, 2019 (LBO) – Sri Lanka’s Central Bank said they are currently considering alternative measures to revive Swarnamahal Financial Services PLC as the buyer failed to remit the remaining amount for the disposal of ETI Finance Ltd (ETIF).Monetary Board gave its concurrence on 21 February 2018 to dispose identified subsidiary, sub-subsidiary companies and investment properties of ETIF for […]