Search results
Results from the WOW.Com Content Network
The Sri Lanka Interbank Payment System, commonly known as SLIPS, is a LKR-only online interbank payment and fund transfer system in Sri Lanka. [1] [2]SLIPS is owned by LankaClear, an organization owned by the Central Bank of Sri Lanka and all Licensed Commercial Banks operating in Sri Lanka, with 47.19% of shares held by the CBSL and State owned commercial banks, and 52.81% by other private banks.
Housing Development Finance Corporation Bank of Sri Lanka (HDFC) National Savings Bank; Regional Development Bank (Pradheshiya Sanwardhana Bank) Sanasa Development Bank; Sri Lanka Savings Bank; State Mortgage and Investment Bank; Source: Central Bank, September 2020 [2]
LankaClear (formerly National Cheque Clearing House) is the largest payments infrastructure provider in Sri Lanka. Established in February 2002, the organization is owned by the Central Bank of Sri Lanka (CBSL) and all CBSL-licensed commercial banks in the country. LankaClear is the operator of LankaPay, the country's largest interbank payment ...
Taxation in Sri Lanka mainly includes excise duties, value added tax, income tax and tariffs. [1] Tax revenue is a primary constituent of the government's fiscal policy . The Government of Sri Lanka imposes taxes mainly of two types in the forms of direct taxes and indirect taxes.
The General Direction No 01 of 2018 as per the Monetary Board of the Central Bank of Sri Lanka under section 44 of the Payment and Settlement Systems Act No 28 of 2005 came into immediate effect as of 25 July 2018 implies to the operations of the Common Electronic Fund Transfer Switch, Lanka Clear (Pvt) Ltd and members of CEFTS. [8]
Cargills Bank PLC is a licensed commercial bank in Sri Lanka. [2] It received its license from Central Bank of Sri Lanka to operate domestic and offshore banking business on 21 January 2014 and was ceremonially opened on 30 June 2014. At present the bank consists of 17 branches island-wide with the head office based in Kollupitiya.
LANKAQR was launched to digitize the payment system in Sri Lanka, and is aimed at entrepreneurs and medium-sized enterprises . The payment system uses scannable QR code stickers, which are provided by LANKAQR's member organizations. The QR codes can be scanned using a proprietary app on a mobile device, which is provided by the user's financial ...
It has branches in both urban and rural areas of Sri Lanka. Seylan bank had 170 banking centres [2] island-wide, 3173 staff members (as at 1st August 2024), an ATM network of 182 units covering crucial locations, 11 branches providing 365-day banking [3] in 2020. The bank was formed as a licensed commercial bank incorporated with a shareholder ...