Bank listed in Bank of Ceylon report
By Chandani Kirinde
The Eelam Bank has been listed in the 'Business Intelligence Report'
of the Bank of Ceylon for October 2003 as one of the financial institutions
that has opened new branches that month.
circulated among the bank staff, lists the Eelam Bank under the
financial institutions column and under the column listing new branches
it states Saampoor Kada Karachchena. Under the third column, it
states this is the first branch in Trincomalee district as at 31st
The other banks
listed as having opened new branches in October are Sampath bank,
Bank of Ceylon, Hatton National bank, Pan Asia Bank, National Savings
Bank, LOLC and Thomas Cook (India) Ltd.
signed by the Chief Manager, Economic Research Division/ Director
Training, D.D.H.Samarasinghe states that the information has been
obtained from reliable sources. However we do not confirm their
accuracy, completeness and the genuineness, it states.
told The Sunday Times some of the information obtained was based
on newspaper reports and circulated for the benefit of the bank
He added that unauthorised financial institutions are also listed
as the document is meant for the use of banking personnel only.