BANK CHARGES AND FOREIGN CURRENCY LOANS
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National Chamber of Exporters of Sri Lanka
Dec 8, 2009, 2:25:29 AM12/8/09
to NCE_INTERACT
.
FINAL REMINDER
Dear Member
BANK CHARGES AND FOREIGN CURRENCY LOANS
We are forwarding you copy of our email dated 5th November 2009
requesting you to kindly respond by the 10th November 2009. We have
so far received only two responses, from Setmil Teas (Pvt) Ltd and
Gemi Teas Colombo (Pvt) Ltd.
The NCE as part of the services to Members is endeavouring to resolve
this matter by presenting a document to the Secretary of the General
Treasury as requested by him. We therefore request you to respond to
our email before 15th December 2009 the latest. In the event of no
response being received by this date, we could only presume that you
are quite content with the current currency bank charges and foreign
currency loans.
At the same time it would be embarrassing for our Chamber not to
respond to the Secretary of the General Treasury regarding this
matter.
Kind regards
Rasa Weerasingham
Executive Director
National Chamber of Exporters of Sri Lanka
QUOTE EMAIL DATED 5TH NOVEMBER 2009
IMPORTANT COMMUNICATION URGENT
Dear Member
BANK CHARGES AND FOREIGN CURRENCY LOANS
On 31st October 2009 the NCE wrote to Dr. P.B. Jayasundera Secretary
to the Treasury, appreciating the stand taken by the Government in
reducing interest rates, whilst inviting his attention to the adverse
effect on exporters, due to unrealistic charges imposed by banks
without an established basis and the non availability of foreign
currency loans for capital expenditure.
Currently, Foreign Currency Loan facilities are available for packing
credit. The Chamber requested the Treasury to make available Foreign
Currency Loans for capital expenditure as well.
In response the Secretary to the Treasury requested the Chamber to
provide him with a detailed list of items relating to unrealistic bank
charges and specific instances.
As such, we kindly request you to give your prompt attention to these
two important issues and provide the Chamber with the required
information.
On receipt of the information, the Chamber will prepare a detailed
report to be forwarded to the Secretary to the Treasury for his
consideration and suitable action.
Please note that the deadline to receive your responses is 10th
November 2009 after which the Chamber will prepare the report with the
available information.
Thanking you
Kind regards
Rasa Weerasingham
Executive Director
National Chamber of Exporters of Sri Lanka
UNQUOTE.
FINAL REMINDER
Dear Member
BANK CHARGES AND FOREIGN CURRENCY LOANS
We are forwarding you copy of our email dated 5th November 2009
requesting you to kindly respond by the 10th November 2009. We have
so far received only two responses, from Setmil Teas (Pvt) Ltd and
Gemi Teas Colombo (Pvt) Ltd.
The NCE as part of the services to Members is endeavouring to resolve
this matter by presenting a document to the Secretary of the General
Treasury as requested by him. We therefore request you to respond to
our email before 15th December 2009 the latest. In the event of no
response being received by this date, we could only presume that you
are quite content with the current currency bank charges and foreign
currency loans.
At the same time it would be embarrassing for our Chamber not to
respond to the Secretary of the General Treasury regarding this
matter.
Kind regards
Rasa Weerasingham
Executive Director
National Chamber of Exporters of Sri Lanka
QUOTE EMAIL DATED 5TH NOVEMBER 2009
IMPORTANT COMMUNICATION URGENT
Dear Member
BANK CHARGES AND FOREIGN CURRENCY LOANS
On 31st October 2009 the NCE wrote to Dr. P.B. Jayasundera Secretary
to the Treasury, appreciating the stand taken by the Government in
reducing interest rates, whilst inviting his attention to the adverse
effect on exporters, due to unrealistic charges imposed by banks
without an established basis and the non availability of foreign
currency loans for capital expenditure.
Currently, Foreign Currency Loan facilities are available for packing
credit. The Chamber requested the Treasury to make available Foreign
Currency Loans for capital expenditure as well.
In response the Secretary to the Treasury requested the Chamber to
provide him with a detailed list of items relating to unrealistic bank
charges and specific instances.
As such, we kindly request you to give your prompt attention to these
two important issues and provide the Chamber with the required
information.
On receipt of the information, the Chamber will prepare a detailed
report to be forwarded to the Secretary to the Treasury for his
consideration and suitable action.
Please note that the deadline to receive your responses is 10th
November 2009 after which the Chamber will prepare the report with the
available information.
Thanking you
Kind regards
Rasa Weerasingham
Executive Director
National Chamber of Exporters of Sri Lanka
UNQUOTE.
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