Sri Lanka, May 22 -- Demonstrating its commitment to supporting the nation's next phase of economic transformation, Commercial Bank of Ceylon has become one of the first banks in Sri Lanka to enter into an agreement to establish a fully-fledged branch at Port City Colombo, marking a significant step in the Bank's strategic expansion into the country's emerging international financial hub.

The agreement was signed by Mr. Sanath Manatunge, Managing Director/CEO of Commercial Bank, and Mr Xiong Hongfeng, Managing Director of CHEC Port City Colombo (Pvt) Ltd. The partnership further reinforces Commercial Bank's position at the forefront of Sri Lanka's evolving financial landscape.

The proposed branch will function as a fully-fledged bankin...