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Commercial Bank of Ceylon PLC (CBC) also known as ComBank is a licensed commercial bank in Sri Lanka and its ownership is private. It was incorporated as a public limited company and it is listed on the Colombo Stock Exchange. It is regarded as the largest private bank in Sri Lanka in terms of net worth and capital. [2]
As a result, the branch network of the bank expanded tremendously to the majority of Sri Lanka's rural areas. 1979: the then government relaxed the exchange control regulations. This liberalization of exchange control regulations led the bank to open its first Foreign Currency Unit to handle the booming demand for non-local currency business.
Hekou Border Economic Cooperation Zone; First established in 1992, Hekou Border Economic Cooperation Zone is a border zone approved by State Council in China to promote trade between China and Vietnam. It has a planned area of 4.02 square kilometers.
Housing Development Finance Corporation Bank of Sri Lanka (HDFC) National Savings Bank; Regional Development Bank (Pradheshiya Sanwardhana Bank) Sanasa Development Bank; Sri Lanka Savings Bank; State Mortgage and Investment Bank; Source: Central Bank, September 2020 [2]
The banking sector in Sri Lanka is monitored by the Bank Supervision Department of the Central Bank of Sri Lanka under the Banking Act, [1] Monetary Law Act [2] and the Exchange Control Act. [3] Three types of financial institutions are permitted under Banking Act and the Finance Companies Act to operate in Sri Lanka by the Central Bank of Sri ...
The border crossing between Hekou (foreground) and Lao Cai (background) China and Vietnam signed an agreement on border trade in 1991. In 1992, 21 border trade points (cross border markets and goods import/export but limited through access for people) were opened, of which four also served as border crossings. [29]
Cargills Bank PLC is a licensed commercial bank in Sri Lanka. [2] It received its license from Central Bank of Sri Lanka to operate domestic and offshore banking business on 21 January 2014 and was ceremonially opened on 30 June 2014. At present the bank consists of 17 branches island-wide with the head office based in Kollupitiya.