Performance appraisal of central bank of Sri Lanka post war in Sri Lanka

Abstract

The main aim of our planned economy is the attainment of socialistic pattern of society. The Government of Sri Lanka has undertaken several measures to achieve the above objective within the democratic framework. One of the important measures towards the attainment of the socialistic pattern of society is the development of Cooperative movements throughout the country To-day, co-operation has permeated nearly all fields and as a form of business organization, it has been adopted in almost all countries. In order to evaluate the financial crisis after war in Sri Lanka and the manner in which the Central Bank of Sri Lanka responded, it is important to realize that the Central Bank of Sri Lanka are entrusted with multi-dimensional roles. In this context, this paper makes an attempt to examine the working capital and financial performance improvements of the Central Bank of Sri Lanka after war. To make the analysis simpler and presentable the researcher takes Central Bank of Sri Lanka Colombo only. The study is based on secondary data and other information provided by the bank in its published annual reports. This data have been analyzed with the help of statistical tools like ratios, percentages, averages and trend analysis, chi-square test, and multiple regression analysis.