![]() ![]() They expect more and more people to put their money into established banks. Public faith in finance companies and institutions which collect deposits will only worsen, say analysts. Has the bubble burst?Ĭeylinco Consolidated Chairman Lalith Kotelawala seen pacifying anxious depositors of the crisis-hit Golden Key Credit Card Co., who gathered at the BMICH, after he said his company will meet all the liabilities. Furthermore, analysts are saying Ceylinco's problems could have a serious impact on the market. Moreover, there are various cross-holdings in most of the companies in Ceylinco Group so it is very difficult to ascertain where the money has come from and where it has gone, the sources said. ![]() There are also problems when companies charge high interest rates in the range of 20 to 24% because they simply do not have a mechanism to get 30 to 40% returns except in leasing. Due to the fact that there are a lot of private companies which make up the Ceylinco Group, its exposure might be high. There are serious doubts being expressed about the mechanism through which deposits have been taken by Golden Key. Sources at the Securities and Exchange Commission (SEC) said the SEC had called a meeting with Ceylinco Shriram Securities on Friday to discuss the possible fallout from the Golden Key crisis but all of Shriram's directors were on holiday. Reliable sources told The Sunday Times FT that the Central Bank (CB) called for an emergency meeting with the banks on Wednesday to discuss the crisis. This is further enhanced by the introduction of service packages at reasonable and affordable prices to their patients.The collapse of the Golden Key Credit Card Company could signal a systemic collapse of some large finance companies as well as banks and could be the impetus for the global financial crisis to spill into Sri Lanka. The hospital is today strengthened with the ability to conduct the most advanced and complex surgeries.Īt Golden Key Hospital, the ethos is to service the society and its people, therefore the hospital focuses on minimizing waiting time for patients and maintaining the highest level of customer satisfaction. Jehan Amaratunga, Chairman of GKH, emphasizing on the hospitals commitment to obtaining the services of best panel of Consultants to provide the most sought after clinical care.ĭriven by the aim of adhering to international standards, the operating theatres are constructed using the latest high tech modular concepts to achieve a zero contamination rate. “Our vision is to be South Asia’s Centre for excellence in Eye & ENT care, and we now offer all Eye & ENT treatment under one roof,” said Mr. Aruna Lekamge, Managing Director of GKH, commenting on this progress and their dedicated service to the society. ![]() “The main drivers of the success we achieved over the past eight years is not compromising on the quality of our services and the use of state-of-the-art equipment,” said Mr. Since its establishment in 2007, GKH has steadily grown to become one of the most reputed treatment centers for Eye & ENT disorders in the country. Colombo, Sri Lanka: Golden Key Hospital (GKH), the premier service provider in the Eye & ENT care sector celebrates its eighth anniversary this year and felicitates long term employees for their dedicated service. ![]()
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