Banks to open six new branches in North

[TamilNet, Thursday, 27 May 2010, 12:47 GMT]
Six new bank branches are to be opened next week in the Northern Province, according to a press release by the Central Bank of Sri Lanka Wednesday. Of the six, three branches of the Peoples Bank - one in Kilinochchi, one in Maangku'lam and the third in Paranthan are to be opened on June 7. The Commercial Bank, Seylan Bank and Nations Trust Bank are scheduled to open one branch each in Kilinochchi on June 7 in Kilinochchi.

Bank branches are scheduled to be opened to facilitate the economic activities in the area, Central Bank further said.

The Central Bank added that necessary approvals have been granted for more new bank branches to be opened in the Northern and Eastern Provinces.

These branches will be opened in the next few months, the Bank said.