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Ceylon Bank Employees’ Union Takes a Stand Against State Bank Privatization

At the recent National Conference of the Ceylon Bank Employees’ Union, a resounding voice of opposition against the privatization of state banks was unequivocally expressed. The union, represented by Ranjan Senanayake, the General Secretary, delivered a strong message against any initiatives aimed at privatizing state-owned financial institutions.

Senanayake, in his address to the conference, made it abundantly clear that the Ceylon Bank Employees’ Union adamantly opposes any attempts to privatize state banks. He emphasized that the union is unwavering in its commitment to safeguarding the integrity of state-owned financial institutions and will not tolerate any endeavors to sell them off.

Channa Dissanayake, the Chairman of the Ceylon Bank Employees’ Union, echoed Senanayake’s sentiments during the conference. Dissanayake underscored that the privatization of state banks poses a significant threat to the well-being of both bank employees and the general public. According to him, state banks play a crucial role in the national economy, and their continued government ownership is paramount.

The union’s stand against the privatization of state banks reflects a collective commitment to preserving the essential role these financial institutions play in the economic landscape of the country. The resolute opposition from the Ceylon Bank Employees’ Union sends a clear message that any move towards privatization will be met with strong resistance in defense of the interests of both bank employees and the wider public.

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