Commercial Bank opens trading at CSE

5 June 2015 03:13 am - 0 - {{hitsCtrl.values.hits}}

A A A

Commercial Bank of Ceylon PLC opened trading on the Colombo Stock Exchange (CSE) yesterday. This event was yet another in a series of market opening ceremonies, featuring the companies from the S&P SL20 index.
Managing Director and CEO Jegan Durairatnam, Chief Operating Officer S Renganathan, Chief Financial Officer Nandika Buddhipala, Deputy General Manager - Corporate Banking Sanath Manatunge and Deputy General Manager Human Resources Management Isuru Tillakawardana from Commercial Bank and Chairman Vajira Kulatilaka, CEO Mr. Rajeeva Bandranaike and the Senior Management from the CSE took part in the market opening ceremony.
“Having been listed on the Exchange since 1970, Commercial Bank of Ceylon PLC has had a positive and rewarding relationship with the stock exchange and its management. We have grown with the Exchange and are currently positioned with the 3rd largest market capitalisation, hovering around a billion dollars. The stock market is much more than a place to buy and sell shares; we think it is businesses’ access to capital and more importantly provides companies an opportunity to enhance their visibility and public image on a world stage,” Commercial Bank Managing Director and CEO Jegan Durairatnam said.
“We are trying to manage the risk, by bringing in the Central Counterparty System (CCP), financial risk and systemic risks. We are also trying to bring in new products, such as risk management products, hedging instruments and also other instruments that will help to create more liquidity for our shares and products,” Chairman of CSE Vajira Kulatilaka said.

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 0

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Commercial Bank opens trading at CSE

Comments - 0

Add comment

RECOMMENDED

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Western purple-faced langurs see blue!

Most Viewed in News

Belgian traveller scammed in Kalutara

23 year old youth ends up having his testicles removed

New Visa procedure implemented

Former MP Palitha Thewarapperuma dies from electrocution

SL on alert on possible genocide allegations by Canada

Confusion remains if April 15 is a bank holiday

MIRROR CRICKET

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings

Chamodi, Dewmi spins Sri Lanka U19 Women to big win

TODAY'S HEADLINES

Wild elephants pull down 16 telephone poles

Middleman arrested for price gouging at Kalutara eatery

Bondholders’ agreement delay won’t hinder IMF third tranche payout: Dr. Coomaraswamy

Party leaders to shoot down MPs request for concessionary duty free vehicle permits

Hardik fined Rs 12 lakh for violating IPL code of conduct after win over Punjab Kings

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings