Paths Links People

Paths Links People

Thonigala Inscriptions are of the 2nd Century BC and carved on Rock. information courtesy;Internet

Thonigala Inscriptions are of the 2nd Century BC and carved on Rock. information courtesy;Internet
Tonigala. (a.) Parumaka Abaya puta parumaka Tisaha wapi acagirika Tisa pawatahi agata anagata catudisa sagasa dine. Dewana pi maharaja Gamini Abaye niyate acanagaraka ca [tawi] rikiya nagaraka ca. Parumaka Abaya puta parumaka Tisa niyata pite raj aha agata anagata catudisa sagasa

History; Path to future

History; Path to future
Reading Future through History, Nagala mountain and the Stupa of the Nagala Kanda Rajamaha Viharaya, Nikaweva, Polpithigama, Kurunegala District.

yesterdays kingdoms enhanced people's today

yesterdays kingdoms enhanced people's today
let us view today through past ...........Kingdom of Yapahuwa - 13th Century

Friday, May 16, 2014

When a country's ECONOMY IS ATTACKED ...................

IN 1996, 31 January , The Central Bank of Janadipathi Mawatha, Colombo was attacked killing 91 people and wounding at least 1, 400 others  

1997 Nov. 14 Kelanitissa Power Plant is attacked by a suicide bomber 

The Banks of Ceylon and The Banks of Sri Lanka;

The theory of savings of Sri Lankan economy is very many years old. the saving methodologies of 'till' collections, seettu, can think of many methods of savings specifically related to 'cash', currencies that is long before the methods of dealing with banks came in to the dealings of currencies of citizen of Sri Lanka. Setting up a bank, establishing a bank is something that we can take in to consideration when it comes to standards and situations of an economy of a country

Actually i did not refer any data of the banks of Ceylon other than the history profile of the Bank of Ceylon ( BoC). The BoC was founded in 1939 by Mr. Earnest De Silva that was nine years before we gain independence from the COLONIZATION. That i note here to respect all the banks of not only Ceylon but also of Sri Lanka, Private and Public.

Initiating a bank then was not easy and also maintaining its sustainability was not easy either that is what my poor economical senses reveals.  Because, specially people then were not use to the systems of banks like today and were mainly using their own methods of savings limiting their cash or money dealings only to the ones they know or associate. Before independence, yes there were few uprising entrepreneurs related to the enterprises ' TEA', COFFEE, CINNAMON , SPICES etc. moving from exchanging goods for goods, for instance exchange materials of cloths for a bushels of paddy or kerosene oil to 'using CURRENCIES, the whole process was for our people a learning experience

The bankers had to use various strategies to run a bank as an institution specifically facing all the challengers, few i mentioned in above para. People were not aware of any teller technology ( ATM) and the bankers too were came cross all the techno miracles day by day not at once. i guess all those new tech miracles attracted not only the BANKERS specifically also the CUSTOMERS mainly

ATTRACT is something 'ATTACKING' is something, TERROR not TERRIFIC

Hope I do not have to re state the same above 'title topic and the sub topics' to REMIND my today's effort of ANALYZING banks then and now according to how i understand the 'subject' of banking RELATING IT TO THE ECONOMY OF A COUNTRY
banks take some burdens of people of a country introducing some loan systems or similar things in order to support the main system of handling 'PEOPLE'S FINANCE NEEDS AND REQUIREMENTS

ECONOMY is the BACK BORN of any COUNTRY
when any ENEMY ATTACKED your BACK BORN unexpectedly,  will you be able to walk or run properly?

NO

You will have to slower your walk or run within the economy or finance of your living YOU WILL HAVE TO DEPEND ON DEBTS AND CREDITS OF OTHERS therefore 'hitting a bank' attacking a bank as a result of TERRORISM is never easy to RECOVER the generations and generations have to pay back its debts and credits no matter how strong your economy or finance situation, current

so any country has to REDISCOVER new methodologies to RECOVER from its loses that is why i believe that  'terrorism is not something that kills people but also ASSASSINATING, SUICIDE BOMBING, AND BRING EXPLOSIVES IN FRONT OF YOUR COUNTRY'S ECONOMY    

Banks play a very important role in the system of country's economy,whether the banks are private or public. What is important for a customer is its services YET when it comes to an economy of a country the contribution of a bank is immeasurable.

its not only BANKS are main components of a country's economy there are other things that strengthen improvements of situations, standards of an economy POWER PLANTS are one of them. factories, enterprises, including all commercial entities improves its capacities also using 'electricity' one power cut will cut or reduce and weaken your PRODUCTION. so the attacked to the Kelanitissa Power Plant was not a small incident. Any other loses that kills and murders country's economy is weakening and pulling its economy

that is why the date and year 19 MAY, 2009 is an important day for SRI LANKANS and its economy




  

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