US EditionSri Lanka probing financial companies started as ‘Co-operative Banks’: Minister
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Sri Lanka probing financial companies started as ‘Co-operative Banks’: Minister
ECONOMYNEXT – Sri Lanka is probing some financial institutions started in recent years as ‘co-operative banks’ which are opening branches rapidly without a proper oversight, Trade and Co-operative Minister Wasantha Samarasinghe said. He was responding to a question on whether he is aware that there are two societies named Saubhagya Cooperative Bank Ltd (SCD) of the North Central Province and Anuradhapura District Rural Capital Development Cooper…
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