8 December 2023 12:00 am Views - 439
Colombo Port City Economic Commission, Chairman - Dinesh Weerakkody, with Hatton National Bank, Chairman - Nihal Jayawardene PC, CHEC Port City Colombo, Assistant MD – Eric Ou and representatives from the Commission and Hatton National Bank
Colombo Port City Economic Commission, Chairman - Dinesh Weerakkody, with Sampath Bank, Chairman – Harsha Amarasekera and representatives from the Commission and Sampath Bank
Three of Sri Lanka’s leading commercial banks—Commercial Bank, Hatton National Bank (HNB), and Sampath Bank have been issued an Authorized Persons (AP) license by the Colombo Port City Economic Commission (CPCEC).
This significant development marks a major milestone in the development of the Colombo Port City SEZ as a premier international business and services hub in South Asia—a world-class project that is transforming Sri Lanka’s economic landscape.
AP license would allow these three banks to engage in offshore banking business in and from the area of authority of the Colombo Port City.
Meanwhile, CPCEC reiterated its strong commitment to collaborating with the Central Bank of Sri Lanka, the Securities and Exchange Commission, and the Insurance Regulatory Commission of Sri Lanka to ensure robust and streamlined guidelines are in place to drive the success of the Colombo Port City as a premier multicurrency, export of services SEZ.