Sri Lanka, Oct. 9 -- The Colombo Stock Exchange (CSE) and Commercial Bank of Ceylon PLC (Commercial Bank) signed a Memorandum of Understanding (MoU) recently to foster enterprise development, facilitate capital formation and enhance collaboration across several strategic areas.Compare Brokers

The agreement arises from a mutual recognition of the opportunities to expand access by providing a platform to support SMEs and the broader corporate growth ecosystem while facilitating a shared commitment to improve financial literacy and engagement.

By working together, the institutions aim to make capital markets more approachable for small and medium-sized enterprises. Greater participation from such companies is expected to deepen the market,...