Tag: Sri Lanka PM cancels Seylan Bank foreign deal

seylan

Sri Lanka PM cancels Seylan Bank foreign deal, orders probe: Finmin

Dec 19, 2016 (Reuters) – Sri Lankan Prime Minister Ranil Wickremesinghe has ordered a reversal and a probe into the 1.3 billion rupees ($8.7 million) Seylan Bank foreign deal as it failed to follow proper procedure, the country’s finance minister said on Monday. On Friday, 13 million shares or 7 percent stake in Seylan Bank […]