Strategic investors for several Sri Lankan banks

April, 1, 2014

Several strategic investors have expressed their willingness to invest in Sri Lanka’s banks and non-banking financial institutions, says the Central Bank of Sri Lanka (CBSL).

These types of investments would make the balance sheets of such institutions stronger and also provide the opportunities to widen their businesses, says the CBSL.

Meanwhile, the process of consolidating financial institutions has achieved considerable progress, adds the Central Bank.