Sri Lanka's Jayamaha notes IT's impact

The rapid advancement in information and communication technology has had a profound impact on the Sri Lankan banking industry and the wider financial sector over the last two decades, said Ranee Jayamaha, a deputy governor at the central bank.

Jayamaha said: "Technological innovation has brought about the speedy processing and transmission of information, easy marketing of banking products, enhancement of customer access and awareness, wider networking and, regional and global links on an

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