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The Common Electronic Fund Transfer Switch (CEFTS) is a fully automated paperless fund transfer system which allows instantaneous fund transfers between member banks. [1] CEFTS is a real-time interbank fund transferring method and it is a vital integral part of Sri Lanka's trusted national payment network, which is operated by Lanka Clear under ...
Footnotes / references. [1] Commercial Bank of Ceylon PLC (CBC) also known as ComBank is a licensed commercial bank in Sri Lanka and its ownership is private. It was incorporated as a public limited company and it is listed on the Colombo Stock Exchange. It is regarded as the largest private bank in Sri Lanka in terms of net worth and capital. [2]
The Sri Lanka Interbank Payment System, commonly known as SLIPS, is a LKR-only online interbank payment and fund transfer system in Sri Lanka. [1] [2]SLIPS is owned by LankaClear, an organization owned by the Central Bank of Sri Lanka and all Licensed Commercial Banks operating in Sri Lanka, with 47.19% of shares held by the CBSL and State owned commercial banks, and 52.81% by other private banks.
The Sri Lankan banking industry was changed during the late 1980s with the introduction of automation by private banking corporations. [10] Previously, few foreign banks were operating within Sri Lanka with few branches such as Hongkong and Shanghai Banking Corporation, etc. HSBC was using interactive electronic customer interfaces such as automated teller machines (ATMs).
The Citizens Development Business Finance was incorporated as a public limited company on 7 September 1995 and it is listed at the Colombo Stock Exchange. [5] The company is licensed by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act no 42 of 2011. As of 2019, the company has about 71 branches across the country.
Website. www.hsbc.lk. HSBC Sri Lanka is a banking and financial services company in Sri Lanka and is a licensed commercial bank supervised by the Central Bank of Sri Lanka. It is the largest and one of the oldest banks in Sri Lanka. HSBC opened its doors in Sri Lanka in 1892, just 27 years after its first offices were established in Hong Kong ...
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