Businesscafe - The 34th Anniversary Convention of the Association of Professional Bankers was recently held at the Hilton Colombo under the theme "Forward Gear—Road to Economic Sustainability." Dr P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, was the Guest of Honour at the occasion. ...
Businesscafe - Citi recently brought together its key client seniors and hosted an economic forum themed “Sri Lankan Economy Onwards and Upwards”. ...
Businesscafe - The unilateral decision by the government to suspend debt recovery via parate laws is a knee-jerk response to intense lobbying by a few individual defaulters that do not represent the wider business community, and will have a far-reaching negative impact on the banking sector, which functions as the heart and lifeblood of the econo...
Businesscafe - Standard Chartered Bank’s Global Research team conducted its 2024 H1 Global Research Briefing (GRB) in Sri Lanka recently, themed ‘A soft landing, with risks’. ...
Businesscafe - Small and medium enterprises (SMEs) in Sri Lanka are set to benefit from the newly established Secured Transactions Registry (STR), which aims to facilitate the use of moveable assets as collateral for loans while ensuring financial stability and fostering economic growth in the country. ...
Businesscafe - During the period under review, DFCC Bank remained committed to providing high-quality, customer-centric banking services across the country despite facing unprecedented challenges that affected the banking industry. ...
Businesscafe - Nations Trust Bank PLC announced a step forward in addressing the growing needs of customers while aligning with the recent directive from the Central Bank of Sri Lanka (CBSL) with the introduction of the Indian Rupee (INR) as a designated foreign currency. ...
Businesscafe - Sarvodaya Development Finance PLC (SDF), a trailblazing force in Sri Lanka’s development finance sector, recently opened its newest branch in Kethsirigama, Ampara. ...
Businesscafe - The ‘Corporate Governance Awareness Session’ organized by the Finance Houses Association of Sri Lanka (FHA), the apex body of all registered Finance Ccompanies, was held at the Siyapatha Tower on the 11th August 2023. ...

Creating awareness on Financial Scams

Published in Money
Friday, 25 August 2023 10:37
Businesscafe - With the increase of financial scams in recent years creating awareness on scam typologies and understanding ways in which fraudsters operate is crucial to combat financial fraud. ...