The Bank of Ceylon is prepared to issue another dollar bond and obtain foreign loans at any given time and the bank is inquiring into this, says Bank of Ceylon Chief Executive Officer D.M. Gunasekera.

He told adaderanabiz that since the banks liquidity is very high at the moment it would not issue any dollar bonds right now.

However, if there is a rise in local borrowing due to the prevailing low interest situation then there are possibilities for the Bank of Ceylon to issue another dollar bond, he added.

While the Bank of Ceylon collected USD 500 million through its initial five year international bond issue, it also became the first ever Sri Lankan bank to issue an international bond.

Following this, the Bank of Ceylon issued another USD 500 million international bond issue last year.

The Bank of Ceylon, with its 619 branches island-wide commemorates its 75^th anniversary on 01 August 2014 and has lined up several programmes for the celebrations.