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People’s Bank’s Rs. 10 billion debenture snapped up

  • CNL Reporter
  • October 31, 2024
  • Banking and Financial
  • People’s Bank’s
  • 0 Comments

People’s Bank announced yesterday that it has successfully concluded the issuance of its BASEL III Compliant Tier 2, Unlisted, Rated, Unsecured, Subordinated Redeemable Debentures with non-viability write-down, as required by the Central Bank of Sri Lanka (CBSL), raising over Rs. 10 billion last month.

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