CSE opens newest branch in Panadura

CSE Chairman Dilshan Wirasekera opens the new branch in Panadura

The Panadura branch of the Colombo Stock Exchange (CSE) was officially opened to the public by CSE Chairman Dilshan Wirasekera yesterday with the participation of a few stockbroker firms, Sinhala Business Association President Gihan Kuruppu, CSE CEO Rajeeva Bandaranaike, senior management and the staff. 

Panadura branch is the CSE’s ninth branch and adds to the branch network in Matara, Kandy, Kurunegala, Negombo, Jaffna, Anuradhapura, Ratnapura, and Ambalantota. 

Interested investors in the region could access four stockbroker firms at the Panadura branch and they are, Asha Securities Ltd., Lanka Securities Ltd., Bartleet Religare Securities and Softlogic Stockbrokers Ltd.

Among the services the branch offers are, the facilitation of opening CDS accounts, investor educational workshops, access to multiple stockbrokers, etc. 

Commenting on the latest addition to the branch network, CSE Chairman Dilshan Wirasekera said: “It is important that market presence and growth initiatives are sustained during periods of strong market performance and otherwise. The new branch is yet another step in our effort to create greater convenience and better engagement opportunities for investors around the country.”  “The initiatives driven through the branch network relate to various aspects of financial literacy, including regional investor forums, educational workshops, programmes for schools and universities, and other awareness programs targeting investors and the public at large.” Wirasekera also said that, as CSE is a facilitator for capital raising, SMEs in the region could avail the Empower Board to take their businesses to the next level of growth.

“Further, for the investors, presently, we have equity and debt as instruments for investments. We would be diversifying our product offering to cater to different market segments so that investors could have diversification option when investing with CSE,” he added.

CSE intends to conduct an Investor Forum also in Panadura on 18 March.