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Myanmar micro-finance unit of Sri Lanka's Commercial Bank kicks off

Jul 20, 2018 13:12 PM GMT+0530 | 0 Comment(s)

ECONOMYNEXT - A micro-finance unit promoted by Sri Lanka's Commercial Bank of Ceylon has started operations in Myanmar.

CBC Microfinance Ltd, a 100 percent owned unit began operations in July 16, 2018, the bank said in a stock exchange filing.

It will not take deposits but will engage in group lending.
 


 

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