NDB group earnes a net receipt of US$59 mn
Concludes deal with AIA Group:
Following a strategic rearrangement of
investments within the Group, NDB recently entered into a Share Sale
and Purchase Agreement with AIA Group Limited (AIA), which is
headquartered in Hong Kong, whereby NDB Group agreed to sell its
shareholding in the Aviva NDB Holdings Lanka (Private) Limited (Aviva
NDB Holdings or ANI) to AIA.
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ComBank in World’s Top 1,000 list
The Commercial Bank of Ceylon has moved up 23
places in 2012 ranking the Top 1,000 Banks of the World and is the
only Sri Lankan bank to make the ranking two years in succession.
Published annually by the UK-based ,
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TESCO to expand its sourcing from Sri Lanka
TESCO, world’s third largest retailer and UK’s
biggest supermarket chain, is preparing to significantly expand its
sourcing from Sri Lanka, buoyed by the well-focused facilitation of
the recently established Consultative Committee on Market
Diversification (CCMD).
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