Thursday, 5 September 2013 01:04
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The Central Bank said yesterday announced the appointment of Pan Asia Banking Corporation PLC as a Primary Dealer in Government Securities.
It said Pan Asia Bank will commence its activities as a Primary Dealer in Government Securities from 16 September 2013.
Pan Asia Bank is the 13 player in the primary dealer market and sixth commercial bank to have been approved to be a primary dealer.
The other 12 are Acuity Securities Ltd, Bank of Ceylon PD Unit, Capital Alliance Ltd., Commercial Bank of Ceylon PLC PD Unit., Entrust Securities PLC, First Capital Treasuries Ltd., NSB Fund Management Company Ltd., NatWealth Securities Ltd., People’s Bank PD Unit, Seylan Bank PLC PD Unit., Sampath Bank PLC PD Unit, and WealthTrust Securities Ltd.
