Sri Lanka, April 13 -- The Monetary Board of the Central Bank has suspended the business of Swarnamahal Financial Services PLC (SFSP) with effect from 5.00 p.m. yesterday (April 12) due to the company's deteriorating financial condition and non-availability of a viable revival plan.

Following is the web link for the full statement issued by the Central Bank.

https://www.cbsl.gov.lk/en/news/suspension-of-business-of-swarnamahal-financial-services-plc

Published by HT Digital Content Services with permission from Daily Mirror Sri Lanka....