Commercial Bank joins Central Bank’s credit guarantee scheme for pawning

Monday, 14 July 2014 01:46 - - {{hitsCtrl.values.hits}}

The Commercial Bank of Ceylon PLC has entered into an agreement with the Central Bank of Sri Lanka to participate in the new credit guarantee scheme for pawning advances, introduced by the latter in June 2014. The new credit guarantee scheme enables licensed commercial banks and licensed specialised banks engaged in pawning activities to provide an enhanced level of credit to their customers.

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