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Investing money in Sri Lanka

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GirlfromUK

Hi guys,

I am going to get some money from sale of land.  It will be a few millions rupees. I am seeking your advice on how this amount should be spread into various banks and finance companies (or other?) to get maximum return. I am not interested in re-investing in property!

Any advice or info. would be welcome. Thank you.

See also

Living in Sri Lanka: the expat guideBank account in Sri Lanka ?Opening restaurant in Sri Lanka, which bank account?Evolution of banking services in Sri LankaMoney transfers
GirlfromUK

I myself found this website quite informative: https://www.five.lk/fixed-deposits/   It compares most banks' rates.

According to this, Cargills bank offer the best in all categories.

It started operating only in 2014.  Is it a bank  that will exist for a long time?

bandula dharmasena

but don't invest all your money in Cargill bank I think u have to deposit several bank and   buying gold is the best investment