CDC Group extends $50m loan to Commercial Bank of Ceylon

CDC Group extends $50m loan to Commercial Bank of Ceylon

An air force officer holds Sri Lanka's national flag as the sun sets at Galle Face Green in Colombo February 2, 2013. REUTERS/Dinuka Liyanawatte

UK-headquartered development finance institution CDC Group has provided a $50-million loan to Commercial Bank of Ceylon (ComBank), the largest private commercial bank in Sri Lanka, according to an announcement.

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