Tag: Sri Lanka has given blanket guarantee for Finance Companies: Theagarajah

Theagarajah

Blanket guarantee for Finance Companies questionable: Theagarajah

Nov 25, 2015 (LBO) – Sri Lanka’s Finance Ministry is to provide a blanket guarantee for finance companies which needs to be reconsidered, Chief Executive Officer of NDB, Rajendra Theagarajah said.Finance minister delivering the budget speech said the Central Bank will provide a 100 percent guarantee on all deposits for all registered finance companies by […]