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Showing posts from May, 2019
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Products of the Seylan Bank Personal Savings Accounts Seylan Sure ·          Offers definite benefits for personal savings and current account holders ·          Individuals aged above   18 years Tikiri ·          Big account for little ones ·          Children below 15 years of age Seylan Harasara ·          Senior citizens account ·          Senior citizens aged above 55 years Seylfie ·          Youth account with rupee and digital interest option ·          Youth aged between   18-26 year Income Saver Account ·          Savings account for monthly regular income earner...
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Financial System In Sri Lanka  Role of the central bank in maintaining financial system Promoting and maintaining public confidence in money Promoting safety and soundness of individual financial institutions. Ensuring public confidence in financial system, in collaboration with other financial regulators, through minimization of risks to the financial system. Acting as lender of last resort. Resolving failing financial institutions in a manner that minimizes possible adverse implications of such an event on the overall financial system/economy.    Regulating and supervising financial market infrastructure.     Financial system stability. financial stability is  one of the main objectives of the central bank.A stable financial system is capable of mobilizing savings and allocating them to productive  investments , managing risks and settling payments, without materially affecting economic growth an...