Lankapage Logo Recent Top Stories
CP 13 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Pakistan bank to open branch in Sri Lankan capital
Sat, Nov 17, 2012, 12:49 pm SL Time, ColomboPage News Desk, Sri Lanka.

Nov 17, Colombo: National Bank of Pakistan (NBP) plans to open a branch in the Sri Lankan capital Colombo to boost trade and investment opportunities.

The NBP has all the documentation work in progress and the bank will open a branch when the paperwork is completed, Syed Ibne Hassan, Head of corporate Communication at NBP said in the statement.

A high profile business delegation visiting from Sri Lanka headed by K. Abdul Baiz, Chairman of Puttalam Urban Council held discussions this week with the senior bank officials on ways to increase business activities between the two countries.

The opening of the NBP branch at Colombo will also assist Pakistanis living in Sri Lanka to remit their finances to their home country at fast track, Hassan said.

Besides, the NBP branch will provide extra ordinary facilities to Sri Lankan and Pakistani business communities for the opening of letters of credit and other business documentation, he added.

Baiz appreciated the effort of NBP officials for facilitation of the traders by opening the new branch in Sri Lanka.

He assured his complete support in this regard and informed the NBP officials that he already had a meeting with the Governor of Sri Lanka Central Bank to expedite the approval process.

Baiz also suggested the NBP officials to make separate counters of Islamic Banking in its Sri Lankan branches since Sri Lankan business community is in favor of Islamic mode of banking.



ColomboPage - Recent 10 Stories
Sri Lanka small tea growers get guaranteed price for raw tea leaves from today
-- [7 hours ago]
Sri Lankan President orders to reinstate laid-off RDA employees
-- [7 hours ago]
Sri Lanka's progress in ICT highlighted at global gathering
-- [9 hours ago]
Sri Lankan Prime Minister offers prayers at Guruvayur Temple
Sri Lankan authorities reach agreement on continuing with the Lotus Tower project
Sri Lankan Minister says country no longer has any second class citizens
Sri Lanka welcomes Dutch investments in high-tech industries
Sri Lanka provides aid to Vanuatu cyclone victims
UPFA expected to meet Sri Lankan President to discuss 19th Amendment to the Constitution
Sri Lankan Prime Minister leaves for India

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.