Bangladesh Bank- Long Term Financing Facility (BB-LTTF)

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As a participant in the Bangladesh Bank- Long Term Financing Facility (BB-LTTF), Commercial Bank of Ceylon PLC has signed participating agreement with Bangladesh Bank. The Agreement has been signed in the presence of Dr. Md. Habibur Rahman, Deputy Governor, Bangladesh Bank. Mr. Najith Meewanage, Chief Executive Officer of Commercial Bank of Ceylon PLC and Ms. Liza Fahmida, Director, Financial Sector Support and Strategic Planning Department (FSSSPD) of Bangladesh Bank signed in the Agreement on behalf of their respective organizations. Ms. Husnay Ara Shikha, Executive Director, Bangladesh Bank, Mr. Shakir Khusru, Senior AGM & Head Of Personal Banking of Commercial Bank of Ceylon and Ms. Tahsina Rahman, Head of Credit Administration were present on the occasion. Main objectives of the facility are to provide Long Term Financing in foreign currency for Export Oriented Manufacturing Units of Large, Medium and Small sectors. Rate of Interest of the Financing Facility has been offered in a very cost effective matrix to facilitate exporters.

 

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K Sripavan

Chairman

Mr Kanagasabapathy Sripavan was appointed as the Chief Justice of the Democratic Socialist Republic of Sri Lanka in January 2015 and held office until March 2017. During this period he functioned as the Chairman of the Judicial Services Commission of Sri Lanka, Chairman of the Incorporated Council of Legal Education, Chairman of the Sri Lanka Judges’ Institute and Chairman of the Superior Court Complex Board of Management.

Mr Sripavan was enrolled as an Attorney-at-Law of the Supreme Court of Sri Lanka in 1977. He obtained a Diploma in Industrial Law from the University of Colombo in 1992 and Master of Laws from the University of London in 1994.

He functioned as the Head of the Court of Appeal Unit in the Attorney General’s Department and handled a large volume of work both in the Court of Appeal and in the Supreme Court including Bills and Fundamental Rights Applications. Prior to the elevation to the Court of Appeal Bench he functioned as a Legal Consultant for the National Savings Bank for two years.

He was appointed a Judge of the Court of Appeal in May 2002 and was elevated to the post of President of the Court of Appeal in March 2007 by his Excellency the President. In March 2008 he was elevated to the Supreme Court Bench.