Sri Lanka receives US$ 450mn deposits from Swiss Bank account holders: FinMin

15 November 2015 06:30 pm

Finance Minister Ravi Karunanayake said that since the government invited the Swiss Bank account holders to deposit their money here, Sri Lankan  banks have received US$ 450 million.

Account holders at Swiss banks were invited to deposit their money through the banking system in Sri Lanka, promising a return of 2- 3 percent interest.
Finance minister had said that no questions would be asked from those who bring deposits into the country and further steps would be taken to ensure those deposits legally safe in future.

Explaining the details the minister said there are some foreigners among the depositors, including two Saudis and two from Qataris.