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Commercial Bank of Ceylon Reports 101% Profit Growth for Q2 2025

Colombo, Sri Lanka – August 2025 – The Commercial Bank of Ceylon PLC (ComBank) has reported a remarkable 101% year-on-year increase in profit, reaching Rs. 15.9 billion for the quarter ending June 2025. This impressive performance underscores the bank’s strong financial position and the effectiveness of its strategic initiatives. The significant growth in profits reflects […]

August 31, 2025

By SLDirectory

Sri Lanka Secures $500 Million Chinese Yuan Loan for Infrastructure Development

In a strategic move to bolster its infrastructure sector, the Sri Lankan government has secured a $500 million loan from China’s Exim Bank, denominated in Chinese yuan. This significant financing is aimed at supporting critical infrastructure projects across the country, ranging from transportation and energy to urban development and sustainable initiatives. The decision to borrow […]

August 31, 2025

By SLDirectory

Sri Lanka’s Economy Poised to Surpass $100 Billion in 2025

Sri Lanka is set to achieve a remarkable milestone as its economy is projected to exceed $100 billion in 2025, signaling a strong recovery from the significant $74 billion contraction experienced in 2022. This turnaround highlights the resilience of the nation’s economic framework and the adaptability of its private sector. The impressive growth trajectory is […]

August 31, 2025

By SLDirectory

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