Sri Lanka, Jan. 21 -- Six finance companies have fallen in Sri Lanka during the recent years, swallowing a total amount of Rs. 61,892 million (Rs 61.8billlion) belonging to 256,286 depositors, State Minister of Finance, Money and Capital Markets and State Enterprises Ajith Niward Cabraal told Parliament yesterday.
Responding to an oral question raised by SJB MP Hesha Withanage the State Minister said Central Investment and Finance had lost Rs. 3,960 million, Standard Central Finance Rs. 2,721 million, TK Finance Rs. 2,691 million, ETI Rs. 22,648 million, Swarnawahini Finance Rs. 2,372 million and The Finance Company Rs. 27,400 million. Some 20,161 depositors at Central Investment and Finance, 6,600 at
Standard Central Finance 35,164 of TK...