European Chamber of Commerce sets up financial services sector working group

The European Chamber of Commerce of Sri Lanka (ECCSL) has launched a new sector group focused on finance and financial services. 

The ECCSL already has four active Sector Working Groups in Travel and Tourism, Transport and Logistics, Food and Agriculture and Power and Energy and is soon to launch a group for ICT and Technology. However, given the current economic situation, the ECCSL has prioritised the Finance Group. “A focus on financial matters is the clear need of the hour,” said ECCSL President Arnold Perera. 

Facilitated by ECCSL Member Erik Versavel, Country Manager, ING Shared Services, an initial meeting was held on Wednesday 18 May to discuss the focus, workings and activities. In order to get the broadest and most knowledgeable input, invitations were extended to European embassies and high commissions, consulting and audit companies, banks and other financial institutions. The participants agreed the key priorities on which the new group will focus and some initial activities to take place in the weeks ahead, including an event to discuss case studies of debt restructuring and another to discuss managing subsidies. Members and other stakeholders will receive invitations to these events as they are scheduled.