Category: Banking
-
The State Banks: Is Financial gain the only requirement?
Sri Lanka’s two state banks recently published their financials. It wasn’t compelling reading, but it certainly stirred up a few questions – and honestly, they are all the Big Questions. D B Wijetunga as Finance Minister, wanted to privatise the State Banks; Trade Unionist Rusiripala Tennekoon asked him why. A shocked Minister said, ‘because they…