- Last Update 2025-06-21 21:12:00
Union Bank ceases operations as money market primary dealer
The Central Bank, at the request of the Union Bank of Colombo PLC (UBC), has granted approval for UBC to cease its operations as a Primary Dealer with effect from May 1.
UBC will continue to function as a Dealer Direct Participant in the LankaSettle system and transact in scripless government securities on behalf of its customers and maintain its customer accounts in the LankaSecure system, the Central Bank statement on Friday said.
“The Central Bank wishes to emphasize that the above approval is purely based on a business decision of UBC and it does not affect carrying out any of its activities/services as a licensed commercial bank,” it said.
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- June 12, 2025 - 468 - 0
Badminton: World No.2 ranked Anders to play exhibition match against Viren at MBA Courts on Friday
An exhibition badminton match between Sri Lanka’s youngest Olympian shuttler, Viren Nettasinghe, and Anders Antonsen, the World No.2 ranked in Men’s Singles, will take place at the Mercantile Badminton Association (MBA) Courts at Malalasekara Mawatha, Colombo 7 on Friday (13).
- June 12, 2025 - 155 - 0
Sri Lanka condoles with families of victims of Air India crash
Sri Lanka shared its condolences with bereaved family members of the victims of the Air crash in India today.
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