Hon. Ravi Karunanayake,— To ask the Minister of Finance, Planning and Economic Development,—(1)
(a) Will he inform this House —
(i) of the date of incorporation of the Bank of Ceylon;
(ii) of the names of the present Chairman, Board of Directors and the CEO;
(iii) of the number of branches and employees;
(iv) of the paid-up capital as of today;
(v) whether is it in compliance with “BASEL” requirement of capital adequacy; and
(vi) of the steps taken to address non-compliance, if any?
(b) Will he also inform this House separately of the —
(i) profit for the last 10 years and expected profit for the next 3 years;
(ii) return on investment for the last 10 years as per (i) above;
(iii) administration cost and lending margin rate for the last 5 years;
(iv) administration cost as a percentage of lending rate; and
(v) balance sheet values from 2019 to date?
(c) Will he further inform this House —
(i) whether loans over Rs.1 billion were written off;
(ii) of the names of the entities involved; and
(iii) of the legal procedures adopted for the write-offs?
(d) if not, why?
Asked Date
2025-01-23
Asked by
Hon. Ravi Karunanayake, M.P.
Ministry
Finance, Planning and Economic Development
Legislature
Tenth Parliament of the D.S.R. of Sri Lanka
Session
First Session
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Answered Date
2025-01-23
Answered by
Hon. (Dr.) Anil Jayantha, M.P.
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