Amana Bank recently introduced an inward remittance based Special Deposit Account in line with the direction of the Government and the guidelines of Central Bank aimed at attracting foreign currency deposits.
The Special Deposit Account is introduced to all Sri Lankans living in or outside the country, dual citizens, citizens of any other state with Sri Lankan origin, non-national residents in or outside Sri Lanka, corporate bodies, funds, associations incorporated/ registered outside of Sri Lanka and well-wishers to remit their foreign currency earnings, savings and investments thereby investing towards the prosperity and development of the country. The Special Deposit Account can be opened in either Sri Lanka Rupees or any designated major currency, the bank said in a media release.
The Special Deposit Account which is available in 6 months and 12 months tenures offers a higher profit sharing ratio in line with the government’s direction. In May 2020, the bank paid a profit of 9.15% p.a. and 6.97% p.a. (AER 7.09%) for LKR 1 year and 6 months maturity accounts respectively while paying out a profit of 5.75% p.a. and 4.10% p.a. (AER 4.14%) for USD 1 year and 6 months maturity accounts.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
All Ceylon Makkal Congress MP Ali Sabri Raheem had been arrested by Kalpitiya police after he surrendered to the police today morning.
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
The 22nd amendment to the constitution dealing with the term of the President has been gazetted by order of President Ranil Wickremesinghe.
Auspicious times widely followed by candidates keeping with traditions will be taken into consideration by the Election Commission in fixing the date and time for the conduct on the Presidential polls.
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