Government & Economy Local Business Spotlights Sri Lanka Latest News

Dhammika Perera Partly Sells Commercial Bank Stake for Rs. 5.5 Billion

Business magnate Dhammika Perera has partially divested his stake in Commercial Bank of Ceylon PLC, one of Sri Lanka’s most stable and high-performing financial institutions. The transaction, valued at approximately Rs. 5.5 billion, represents a significant portfolio move by one of the country’s most influential investors. Overview of the Transaction The partial sale of shares […]

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Business Tips & Advice Government & Economy Sri Lanka Business News Sri Lanka Latest News

HSBC Exits Retail Banking in Sri Lanka, Nations Trust Bank Steps In

Colombo, September 2025 – In a landmark development for the Sri Lankan financial sector, HSBC has announced the divestment of its retail banking operations in Sri Lanka, selling the business to Nations Trust Bank PLC (NTB). The deal underscores both a strategic shift for HSBC and a major growth opportunity for NTB. Why HSBC is […]

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