HSBC International opens branch in Jaffna

[TamilNet, Friday, 12 February 2010, 03:19 GMT]
British High Commissioner to Sri Lanka Mr. Peter Hayes and HSBC Executive Director for Sri Lanka and Maldives officially opened Thursday a branch of HSBC International Bank on Kaangkeasanthu’rai Road in Jaffna town, sources in Jaffna said. The Governor of Sri Lanka Central Bank Mr. Ajith Nivard Cabraal who was also present on the occasion said that a sum of 270 million rupees have been earmarked for development projects in Northern Province but failed to reveal any such project for the current year, the sources added.

HSBC International opens branch in Jaffna
HSBC International opens branch in Jaffna
Mr. Carbraal said that 72 percent of the Vanni IDPs held in the detention camps have been resettled and the rest will be resettled within the next 3 months, an issue that has been given priority by the government.

He further said that Sri Lanka depends on Britain and other international countries for their financial assistance in resettling IDPs.

The branches of banks opened in Jaffna will help the people with various development projects under the government’s development programme for the North, he added.

As the Governor of Central Bank has not mentioned any development project in Jaffna district for the current year it emerges that the government does not have any such plan despite its much publicized ‘Vadakkin Vasantham’, civil society sources in Jaffna observed.


Chronology:

 

Latest 15 Reports
03.07.20 19:28   Photo
After Naavat-kuzhi, Colombo targets Poonakari for Sinhala colonisation across Jaffna lagoon
02.07.20 22:26  
Colombo imposes restrictions on Tamil valour related symbolism in schools of North
01.07.20 13:22  
New secret unit among four SL military and police squads competing to arrest Tamil youth in North
30.06.20 22:10  
Tamils blocked from accessing properties near SL Navy training base in Champoor, Trincomalee
29.06.20 23:29   Photo
Moragoda advising Gotabaya prompts Sinhala parties to scrap Provincial Councils
28.06.20 22:06  
India privileging BRIC/RIC over Quad ‘discordant’, says former US top diplomat
27.06.20 22:11  
Indo-Pacific expert wants US to seek opportunities in ‘Sri Lanka’
26.06.20 21:24  
Russia steps up influence on New Delhi to uphold “multilateralism” against US “rules-based order”
25.06.20 23:53  
Pompeo talks about US reposturing troops, mentions India, Vietnam, Malaysia and Indonesia
24.06.20 23:36   Photo
Devananda circumvents court order, manipulates Jaffna fishers to allow poachers from South
23.06.20 22:03  
Sinhala encroachment of pastureland continues unabated in Batticaloa
22.06.20 18:17  
SLMC Chairman: Time for joint Tamil-Muslim efforts
21.06.20 23:11   Photo
Ex-councillor: Poverty-stricken Tamils at receiving end of SL military brutality in North
20.06.20 23:53   Photo
Tamil man killed, Sinhala Army opens fire at motorbike rider at Mukamaalai in North
19.06.20 23:30  
Dr Amir Ali: SL Archaeology aims to obliterate Tamil traces, shrink territory of Muslims in East
 
Find this article at:
http://www.tamilnet.com/art.html?catid=13&artid=31189