Bank officials warned that the banks’ money reserves have gone down by fifty percent and Jaffna economy is on the verge of collapse.

	People like to keep as much cash as possible with them.

Bankers in the north said that people are withdrawing their money and few deposits were made. “People like to keep as much cash as possible with them” a report from the area reveals.

Acording to the bank officials, after the closure of the A9 highway wholesale traders in Jaffna are in extreme difficulty that is affecting Banks in the North. Bank of Ceylon said its money reserves have gone down by eighty percent. They also point out, it is important to increase the supply of goods either by sea or air.

“If this situation continues, traders will be in grave difficulty” a bank official said.

Banks are also facing difficulties in recovering Tsunami loans issued to Fishermen in the North. Reports stated that fishermen are unable to go fishing due to the restrictions imposed on them leaving them without any income.

More killings in the North.

Two more people were shot dead by unidentified gunmen within last 24 hours in the northern Sri Lanka

Nadarasa Thawarasa, 39, was shot dead by unidentified gunman on Thursday morning in Sangane, 15 kilometres north of Jaffna Town.

Postal worker was shot dead as he was on his way to work, a reports from the area said.

Police said that eyewitnesses are refusing to give evidence in fear of reprisal.

Shops in the area were closed after the killing.

In Wadamarachchi, Kadiragamarlingam Amirthalingam,59 was gunned down by an unidentified assailant.

There are no further details about both murders.