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Thursday, 8 July 2010

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BoC opens London Bank

Licence for lending operations:

The Bank of Ceylon London branch will be turned in to a fully fledged bank with its official re-launch on August 12. The Bank of Ceylon (UK Ltd) will enable full banking operations and concentrate more on deposits and lending.

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Quick approval for investment projects:

Under one-stop-shop concept

The Government will grant prompt approvals to set up businesses and facilitate investors through a one-stop-shop concept.

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Acme expands with Rs 248 m investment

Acme Printing and Packaging, the largest flexible packaging manufacturer in the country will go for a major financial and corporate restructuring process with an investment of Rs 248 million.

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Employees engaged in manufacturing packaging items at the state-of-the-art factory in Pannala.



 
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