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CYPRUS - Taking 10% of savings is daylight robbery by sinister organisations like the IMF and the EU
---------- Begin forwarded message ---------- Date: Tue, 19 Mar 2013 09:34:43 +0000 From: Peter Mullen Subject: Peter's blog *Blog 194* I’ve just phoned the police to tell them that a robber has stolen over £8000 from me. I have every hope tha
Huge capital gain to MBSL on sale of MBSL Savings Bank
As per the latest CSE release on May 17, 2012 on their website which stated that MBSL Savings Bank came under the purview of MBSL and in keeping with its core mission of functioning as an investment bank including Investment Banking, takes on the
Capital Market - Key to Build Long Terms Savings
For most of our lives, we earn and spend money. Rarely, though, will our current money income exactly balance with our consumption desires. Sometimes, we may have more money than we want to spend and at other times, we may want to purchase more than we ca
NSB profits down 31%
State-owned National Savings Bank (NSB) has seen its after tax profit decline 31 percent to Rs. 3.7 billion during the first nine months of this year. The Bank’s Operating Profit Before Tax has decreased by 29 percent to Rs. 5.4 billion during the firs
Sri Lanka’s Navara Capital group to take over MBSL Savings bank
May 05, 2012 (LBT) –Sri Lanka’s Navara Capital group led by emerging businessman Harsha De Silva has agreed to acquire a majority stake (68%) of the MBSL Savings bank, said the MBSL Chairman M.R Shah. According to him, the new owner’s plans to rename
MBSL Savings Bank on expansion drive
MBSL Savings Bank backed by the strength and stability of Merchant Bank of Sri Lanka PLC (MBSL) and the Bank of Ceylon (BOC), continues to grow aggressively in the regional markets by revamping its footprint and expanding the customer reach, the bank said
Rs. 1 bn MBSL loan for Navara to buy MBSL Savings Bank ?
* Only Rs. 100 million paid while Rs. 562 mn offer is Rs. 300 mn less than Taprobane Securities bid *Will Navara have tier capital of Rs. 2.5 billon when it did not have own funds to buy the savings bank? By Ravi Ladduwahetty Hot on the heels of the
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