Dec 04, Colombo: Sri Lanka's Central Bank is holding the 5th Annual Directors' Symposium for Non-Bank Financial Institutions (NBFI) today at the Galadari Hotel in Colombo.
Non-Bank Financial Institutions (NBFI) include Licensed Finance Companies (LFCs) and Specialized Leasing Companies (SLCs). Over 350 Chairmen, Directors and Chief Executive Officers of 46 LFCs and 13 SLCs are expected to attend the symposium.
The Governor of the Central Bank, Ajith Nivard Cabraal will deliver the keynote address at this year's symposium under the theme "Positioning the Non-Banking Sector for the post $4K era".
The NBFI sector has recorded a robust growth during the past few years and is expected to position NBFI business operations to support the anticipated high growth momentum in the economy, the Central Bank says.
The significance of corporate planning, risk management and internal controls for a NBFI are some of the topics that are expected to be covered during the symposium.