TFC crisis : CBSL will settle 93% of depositors with Deposit Insurance Scheme. Remaining to be settled after liquidation.

Approximately 93 percent of the total depositors of The Finance Company PLC (TFC), will be compensated via the CBSL’s Deposit Insurance Scheme, while the remaining depositors will be settled after the liquidation of the company’s assets, Deputy Governor of the Central Bank H.A.Karunarathna said. Yesterday (22 May), the Monetary Board of the Central Bank decided […]

TFC crisis : CBSL will settle 93% of depositors with Deposit Insurance Scheme. Remaining to be settled after liquidation.