Cargills Agriculture and Commercial Bank(CACB) Open Soon

The Central Bank has issued a provisional letter of approval to Cargills Ceylon PLC to establish a new commercial bank in Sri Lanka, a stock exchange filing said. It said the application for a banking license had been made jointly by Cargills and its parent C T Holdings, who are the joint promoters of the new bank ‘Cargills Agriculture and Commercial Bank(CACB).
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