The Case Study - Seylan Bank
The Case Study - Seylan Bank
The Case Study - Seylan Bank
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
210<strong>Seylan</strong> <strong>Bank</strong> PLC Annual Report 2009Notes to the Consolidated Financial StatementsParty/PartiesAccommodatedName of Director/Key ManagementPersonnelRelationshipDeposit Aggregate Amount of Accommodationoutstanding as at 31.12.2009Rs. Mn.Nature ofAccommodationLimitRs. Mn.FundedRs. Mn.Non-FundedRs. Mn.Interest inSuspenseProvisionfor the YearRs. Mn.Bad &DoubtfulDebtProvisionfor the YearRs. Mn.(b) Trust Companies and Funds set up under the <strong>Bank</strong><strong>Seylan</strong> <strong>Bank</strong> Employees’ Mr. E. NarangodaGratuity Trust Fund TrusteeMr. R. NadarajahTrustee Demand Deposit 22.601 Investment in Treasury Bond amounting to face value Rs. 568.423 Mn.22.601 Funds transferred by <strong>Seylan</strong> <strong>Bank</strong> PLC amounting to Rs. 31.758 Mn.Rear AdmiralB.A.J.G. PeirisTrusteeMr. F.N. GoonewardenaTrustee (Resignedw.e.f. 03.12.2009)<strong>Seylan</strong> <strong>Bank</strong> Employees’Provident FundMr. Ajita PasqualTrusteeMr. S. PalihawadanaTrustee Savings Account 1.821.235 Investment in <strong>Seylan</strong> <strong>Bank</strong> PLC Debenture amounted to Rs. 220 Mn.1,821.235Sesot (Pvt) LimitedMr. E. NarangodaChairmanDemand Deposit 0.064 No. of Voting Shares - 2,252,900Seyfest (Pvt) LimitedSotse (Pvt) Limited0.064 Rs. 52.153 Mn. Payable to <strong>Seylan</strong> <strong>Bank</strong> PLCMr. R. NadarajahDirectorMr. E. NarangodaChairmanMr. R. NadarajahDirector Demand Deposit 0.067 Rs. 23.2 Mn. Payable to <strong>Seylan</strong> <strong>Bank</strong> PLC0.067 No. of Voting Shares - 2,977,996Mr. E. NarangodaChairman Term Loan 38.550 30.22538.550 30.225Loan Agreement Form for Rs. 38.8 Mn.Mr. R. NadarajahDirector No. of Voting Shares - 962,331Rs. 8 Mn. Payable to <strong>Seylan</strong> <strong>Bank</strong> PLCSeyshop (Pvt) LimitedSeybest (Pvt) LimitedEsots (Pvt) LimitedMr. E. NarangodaChairman Term Loan 54.375 30.93754.375 30.937Loan Agreement Form for Rs. 55.1 Mn.Mr. R. NadarajahDirector No. of Voting Shares - 2,132,900Rs. 14.10 Mn. Payable to <strong>Seylan</strong> <strong>Bank</strong> PLCMr. E. NarangodaChairman Term Loan 54.510 30.89854.510 30.898Loan Agreement Form for Rs. 55.1 Mn.Mr. R. NadarajahDirector No. of Voting Shares - 2,132,900Rs. 14.10 Mn. Payable to <strong>Seylan</strong> <strong>Bank</strong> PLCMr. E. NarangodaChairman Term Loan 53.860 31.54053.860 31.540Loan Agreement Form for Rs. 54.6 Mn.Mr. R. NadarajahDirectorNo. of Voting Shares - 2,115,857Rs. 13.1 Mn. Payable to <strong>Seylan</strong> <strong>Bank</strong> PLC
Change language