Tamil Diplomat

North beats Western Province in banking density

The Northern Province has beaten the Western Province in the latest banking density rankings.

According to the Central Bank, the Northern Province’s bank branch density (bank branches per 100,000 inhabitants) was 21.66 while it was 21.18 for the Western Province.

In 2008, the Northern Province figure was 7.39 and it ranked ninth best.

In the Eastern Province too there has been rapid expansion with its figure being 16.82, placing it third as opposed to eighth in 2008 with a figure of 8.38.