NatWealth Securities no longer a primary dealer: CB

The Central Bank yesterday said it had withdrawn NatWealth Securities as a primary dealer from end November on the company’s request.    

 “Having considered a request made by NatWealth Securities Ltd. (NWSL), the Monetary Board of Central Bank of Sri Lanka decided to withdraw the appointment granted to NWSL to function as a Primary Dealer, with effect from 4:30 p.m. on 30.11.2020,” a statement from the Central Bank said.