Commercial Banks inflows increase
Commercial Banks’ inflows, including Tier 2, has amounted to over US
$ 880 million this year.
This includes the Bank of Ceylon international bond issue of US $ 500
million. The bond issue was over-subscribed over 7 times. “Annual target
of US $ 1 billion is likely to be surpassed comfortably, and is
estimated to reach over US $ 1.4 billion in 2012,” said Governor Central
Bank Ajith Cabraal. |