Wednesday, 21 September 2011

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Singapore's DBS enters Sri Lanka via tie-up with NDB

  • Wednesday, 21 September 2011
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  • Reuters, 21 Sep 2011
    (Reuters) - Sri Lanka's National Development Bank on Wednesday partnered with Southeast Asia's largest bank, Singapore's DBS Bank , to strengthen investment banking activities in the island nation and boost foreign direct investment.
    The alliance between the two will see DBS facilitating investments into the $50 billion economy, which is emerging from the end of a 25-year war. Full story

    Related:
    Sri Lanka's NDB eye large deals with Singapore partner - Lanka Business Online
    NDB, DBS Group Singapore in strategic alliance - Dailynews.lk

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