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Lalith Kothalawala ta mona weida???
- Thread starter danukapeiris
- Start date
The agreement that the Central Bank made with BoC was to handle the bank for six months since its takeover, and BoC was supposed to analyse its performance
Mama th ceylinco grop thamai work karanne,thama march wala salary 1th na,ekath sure na....uparimatama nathiwela tiyenne
So at the end of thefirst three months, BoC indicates that the bank has regained its customer sovereignity, and has made remarkable profits despite the dent made to its image, so the bank approves of handing it back to the directorate
However Seylan Bank has been rescued upto some extent, but the rest of the Ceylinco group has been stagnated according to my view...
When BoC announced that it is hoping to hand over the management, a senior counseller of the Central bank together with a committee that was indirectly aapointed for situations like the Ceylinco fall-down, had objected to this movement
When BoC announced that it is hoping to hand over the management, a senior counseller of the Central bank together with a committee that was indirectly aapointed for situations like the Ceylinco fall-down, had objected to this movement
lek said:mmmm.......Thawa chance ekak demu ban...Ayeth sadda danna awoth BAN karamu.......
Onna ehenam NEXT TIME BANNED thamaa..............!!
The objectors' base was that the plight of the owner and its management is least capable of taking back the bank, that they do not have stability, and have not made any progress since their downfall. And on the same hand, they suggest that doing so will ruin the good work done by BoC to bring up the bank, and would cause customer restless-ness again, which may lead to many other undesirable problems
The reason why BoC has now called for EoI, is that they would like to hand it over to more reliable persons. Yet, in my opinion, this is not a wise move, because these investors would be undoubtfully foreign sources, and this means one of the most prestigious brands in the banking sector of SL would be taken over by foreign establishments.
This has negative effects to SL, such as the fall back in the contributions to the economic variables by this bank, but one might argue that these contributions are extremely vague, but in my perspective, large losses begin on a small scale
This has negative effects to SL, such as the fall back in the contributions to the economic variables by this bank, but one might argue that these contributions are extremely vague, but in my perspective, large losses begin on a small scale
Hmmm balamuko monada wenne kiyala 
Minihek waradak kaloth eewata return eka environment eka wisinma labenawa
And more than 30% shares kiyanne ownership eka transfer wenawa mama danna widihata. Balamu local bank ekak shares ganeeda or foreign investor kenek ganeeda kiyala.
P:S:
Oyage blog eka daapu eka eka athakin kisima waradak naha mokada eeke adverts nathi nisa.
But full article eka methana daala source eka widihata blog eka daanna thibuna. oya directly blog ekata traffic genna ganna damma wagei machan ohoma poddak daala ithuru tika balanna blog ekata yanna kiyuwahama.
Baya wenna epa kauruth mukuth kiyuwata mokada blog eke adverts nathi nisa oyata financial benefit ekak nathi nisa oyawa ban karana ekak naha. But tikak ethical madi wagei wade
Anyway you have a good writing style. Keep it up bro
Minihek waradak kaloth eewata return eka environment eka wisinma labenawa
And more than 30% shares kiyanne ownership eka transfer wenawa mama danna widihata. Balamu local bank ekak shares ganeeda or foreign investor kenek ganeeda kiyala.
P:S:
Oyage blog eka daapu eka eka athakin kisima waradak naha mokada eeke adverts nathi nisa.
But full article eka methana daala source eka widihata blog eka daanna thibuna. oya directly blog ekata traffic genna ganna damma wagei machan ohoma poddak daala ithuru tika balanna blog ekata yanna kiyuwahama.
Baya wenna epa kauruth mukuth kiyuwata mokada blog eke adverts nathi nisa oyata financial benefit ekak nathi nisa oyawa ban karana ekak naha. But tikak ethical madi wagei wade
Anyway you have a good writing style. Keep it up bro
Speaking about Lalith Kotalawela, he has lost his prestige for sure, and lost most of his assets...
But who knows?? people of SL seem to be very ignorant and forgetful, if mass sca;e murderers and thugs who got caught red handed can freely escape and yet keep a smile in their face to come back to your local village in asking for the vote, why not Lalith Kotalawela? his blackmark is not that dark to be etched in peoples' minds, so eventually I think he has a chance to rise back, may be with some attractive offers to people or some highlighted community work....there are loads of ways.
So , I think we may see a rebirth of Lalith Kotalawela soon.
But who knows?? people of SL seem to be very ignorant and forgetful, if mass sca;e murderers and thugs who got caught red handed can freely escape and yet keep a smile in their face to come back to your local village in asking for the vote, why not Lalith Kotalawela? his blackmark is not that dark to be etched in peoples' minds, so eventually I think he has a chance to rise back, may be with some attractive offers to people or some highlighted community work....there are loads of ways.
So , I think we may see a rebirth of Lalith Kotalawela soon.
Mal Aiyya said:
Can't simply neglect the fact that DFCC,DFCC wardhana, Commercial Bank do have shares in Seylan bank. In 2005 or 2006 there were talks with Commercial bank chairman Mr. Mahendra about a possible merger between another bank which I was involved (Part of the same umbrella, but can't expose the name of the bank though). So I'm pretty sure Commercial bank is having an eye on Seylan Bank now. And thinking about their past strategies, they can essentially express their interest.
In fact, if that happens, Commercial bank will definitely have a monopoly in the banking industry, which Central bank will surely appose. So the ultimatum will go to a foreign investor in that sense. But again... Let's see
x-pert said:Can't simply neglect the fact that DFCC,DFCC wardhana, Commercial Bank do have shares in Seylan bank. In 2005 or 2006 there were talks with Commercial bank chairman Mr. Mahendra about a possible merger between another bank which I was involved (Part of the same umbrella, but can't expose the name of the bank though). So I'm pretty sure Commercial bank is having an eye on Seylan Bank now. And thinking about their past strategies, they can essentially express their interest.
In fact, if that happens, Commercial bank will definitely have a monopoly in the banking industry, which Central bank will surely appose. So the ultimatum will go to a foreign investor in that sense. But again... Let's see
I think I know about what you are talking... but there is also a prevailing rumour that Commercial Bank is experiencing a credit crunch situation, especially due to the reason that it has faced some unexpected losses due to the economic recession that is faced worldwide (Well known as the Global economic crisis)... but there is no trustable way to verify that again...
So we melt down to square number one again... and yes I partly agree to your statement that Commercail bank will gain more power if it does this merger, but not a monopoly, according to recent statistics, Commercial Bank has only a market share of 6% and is expected to fall...
Anyway since the EoI has been announced, there will be a big change in the bank soon, the question is its positveness or negativeness, there is an equal chance for oth as it appears.
But in my opinion, it is best for the Goverment to hold onto the bank further, and if BoC is not willing for this, maybe another semi-government owned bank like Peoples' Bank will be more than happy to have this...( presently, Peoples' Bank is the second leading Govt. owned bank, with an expected market share of about 14% or more)
Talking about Lalith Kotalawela, he is willing to give up his shares too, in order to settle the debts of Golden Key. Since this has been pretty emphasised repeatedly, I feel we may not hear of a Lalith Kotalawela, senior director of Seylan Bank any more
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