Sampath Bank is also in crisis

regi79

Member
Dec 28, 2008
50
0
0
I heard the that Sampath Bank is also in crisis as Seylan Bank.

Does this has some basis or is it just a rumor? Can somebody provide any details, please?
 

ram4mira

Active member
  • Jan 14, 2007
    2,628
    17
    38
    36
    Not only sampath bank...Commercial bank also in danger....
    But people DON'T TAKE YA MONEY BACK!!!....If you take yo money u are putting all the banks in danger! They are all interconnected....
    Don't panic people
     

    Mal Aiyya

    Member
    Feb 19, 2008
    7,454
    65
    0
    Peradeniya Mal Waththe...
    Look...it is true that there is an Economic World Crisis,..but there are very clear reasons as to why Sri Lankan banking systems will not fail, it has some economic and other monetary measures involved which are quite powerful enough...the fall down of Seylan bank had no direct economic/finiancial involvement with the world economic problem, but some higher managerial level employess who had stolen drastically from the bank faced some money problems as their depositis personally in foreign banks were lost and they were helpless hence they got away with the bank's money away from SL(Same thing with Golden Key creit cards as same company like Seylan)...

    Why the BOC took ovr Seylan Bnk was to save its depositers as due to the same ownership of Golden Key and Seylan, the Govt. feared that they would suck the cash outa seyaln to py Golden key debts...

    My Advice to every 1 is dont panic, and dont rush to the banks to take your deposits away as THAT will definitely MAKE the SL BANKING SYSTEM to COLLAPSE...to a worse state than in USA...

    So dont worry...dont just spread fake stories and comments, as one very strong problem in SL is this rumours crap...It DESTROYS the SL economy...
     

    Mal Aiyya

    Member
    Feb 19, 2008
    7,454
    65
    0
    Peradeniya Mal Waththe...
    for example the high inflationary rates during the past, if we recall it was triggered by the release of the Rs.2000/- note, since it was heavily publicised people thought it will increase money supply and cause inflation, so before hand itself suppliers and customers increased prices, and people bought more stuff thinking that those will rise in prices later...all that INCREASED the inflation to a VERY big level...but what actually the Central bank did was they released the Rs2000/- note but TOOK BACK Rs.1000/- notes to equivalen 3/4 of the whole Rs.2000/- notes issued...well if our people had kept quiet there would have been NO such high inflation but it would have been like at 3-6%, which is usually prefereed by many economies
     

    sanjayags

    Member
    Jan 29, 2008
    18
    0
    1
    Nothing to worry guys

    Seylan Bank crisis came becoz of a statement given by Mr Kothalawala + Golden Key is also a company of Ceylinco Group. Bcoz of the statement given by Mr kothalawa the depositers got panicked and try to withdraw there money in bulk
    which is very bad for any bank.

    other than this case all other banks including Sampath , HNB , Commercial are doing well in this bad economic conditions.

    so stop spreading rumours guys
     

    sanjayags

    Member
    Jan 29, 2008
    18
    0
    1
    Nothing to worry guys

    Seylan Bank crisis came Bcoz of a statement given by Mr Kothalawala + Golden Key is also a company of Ceylinco Group. Bcoz of the statement given by Mr kothalawa the depositors got panicked and try to withdraw there money in bulk
    which is very bad for any bank.

    other than this case all other banks including Sampath , HNB , Commercial are doing well in this bad economic conditions.

    So stop spreading rumors guys