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» Life After Google
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» S&P ශ්‍රී ලංකා 20 දර්ශකයේ වෙනසක්. CTC, NTB, රිචඩ් පීරිස් සහ ටෝක්යෝ සිමෙන්ති ඉවතට
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» Future of Tea Industry
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» Cricket !
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» Re: Financial reports Q1-2019
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» LOFC Initiating Coverage - STRONG BUY - 29 03 17 - FC Research
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» Easter Sunday Attack and Sri Lanka
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» In the Meantime, Within Our Shores !
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» What to Analyse
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» Tolerance at its Best !
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» සදහම් අටුවාව
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» Sri Lanka at Cross Roads: Time to Learn, Unlearn and Relearn - Prof Rohan Gunaratna
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» Songs to listen
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» Dhammika Perera non-committal on common candidate speculation
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» Films - To Watch List
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» Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei
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» My Port Folio Bleeding But Its just the Begining Of..
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» Sri Lanka mulls 25-pct ownership limit in finance companies
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» Is Burka prohibted ?
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Good news for finance companies from budget

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Good news for finance companies from budget Empty Good news for finance companies from budget

Post by balapas on Fri Nov 20, 2015 8:00 pm

259. Honourable Speaker, I propose that licensed banks should concentrate on their core banking activities. The Leasing business, has become a distraction to core banking functions and as such Banks should cease in engaging in leasing business from 01 June, 2016.

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Good news for finance companies from budget Empty Re: Good news for finance companies from budget

Post by kass on Fri Nov 20, 2015 10:58 pm

any way banks can form their leasing companies and do the business. Not a very good move for the banking sector in the short run
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