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The Sri Lankan banking industry was changed during the late 1980s with the introduction of automation by private banking corporations. [10] Previously, few foreign banks were operating within Sri Lanka with few branches such as Hongkong and Shanghai Banking Corporation, etc. HSBC was using interactive electronic customer interfaces such as automated teller machines (ATMs).
1982: BOC founded the first merchant bank in Sri Lanka, which was named the Merchant Bank of Sri Lanka. 1987: The bank moved into its 32-storey headquarters. Sri Lankans have nicknamed the building (Pittu bambuwa "පිට්ටු බම්බුව") a Sinhalese term used for a cylindrical cooking implement. The new building enabled the bank ...
The company was Sri Lanka's top stock broker in terms of market share in 1993 and 1994 and responsible for several landmark corporate finance transactions. [3] [4] Thilan was a key initiator in successfully launching the Regent Sri Lanka Fund in 1993, the first ever country fund dedicated to Sri Lankan equities.
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 ...
The Pakistan v Bangladesh and the concurrent Sri Lanka v India (3rd Test at Colombo) Test matches provided the unique feat of centuries on test debuts on successive days in two separate Test matches. Additionally, the Test match was the hottest ever, with temperatures in excess of 38 degrees Celsius (100 degree Fahrenheit) on each day.
The venues of the round robin matches were rotated between the three countries: India , Sri Lanka and Pakistan , while the final was held in Dhaka, Bangladesh as a neutral venue. Pakistan beat Sri Lanka by an innings and 175 in the final to become the first Asian Test Champions and received US$250,000 in prize money.
Saud Shakeel became the first Pakistan batter to make a double hundred in Sri Lanka as the visitors took control of the first test after making 461 on Tuesday. Behind by 149 runs on the first ...
When they were beaten, Pakistan and Sri Lanka tied on points. Pakistan qualified for the Final by having a better head-to-head record against Sri Lanka, having won two and lost one of the matches between the two teams. [1] South Africa beat Pakistan in the Final to win the series. Arjuna Ranatunga of Sri Lanka emerged as the top run-scorer with ...