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
The answer is given in sinhala language.
Answered Date
2025-01-23
Answered by
Hon. (Dr.) Anil Jayantha, M.P.
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