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* Cargills Bank, the 23rd commercial bank in Sri Lanka launched
Tue, Jul 1, 2014, 12:27 am SL Time, ColomboPage News Desk, Sri Lanka.

June 30, Colombo: Cargills Bank of Sri Lanka was launched today as the 23rd licensed commercial bank in Sri Lanka.

Governor of the Sri Lanka Central Bank, Ajith Nivard Cabraal was the Chief Guest at the launching ceremony and the Guest of Honor was Secretary of Defence and Urban Development, Gotabhaya Rajapaksa.

Cargills (Ceylon) PLC, its parent company CT Holdings PLC and other partners have infused a total capital of Rs. 5 Billion for Cargills Bank.

The Chairman of Cargills Bank Limited Louis Page said at the launching that the bank inspired to build a culture of commercial banking that would facilitate progress and deliver wealth across various social and income groups.

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