Samurdhi Banking Associations to be linked
The Samurdhi Banking Association plans to link its rural banking
associations from tomorrow.
Nation Building Minister Jagath Pushphakumara said these banking
associations would be interlinked within a short period. The Asian
Development Bank has come forward to provide funds to develop this
Minister Pushphakumara said around 106 banking associations in three
districts would be linked and be online during this year.
The Samurdhi Authority manages 1,042 Samurdhi Banking Associations.
The Minister said the Samurdhi Banking Associations could minimise
waste. He added that these associations earned a handsome profit during