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CDB raises Rs. 718 Mn via a fully subscribed Rights Issue to support expansion

Aug 21, 2011 5:48:31 AM - adaderana.lk
Citizens Development Business Finance PLC’s (CDB) Rights Issue was fully subscribed recently raising Rs. 718,110,435/-. This fresh capital infusion will substantially strengthen CDB’s balance sheet while permitting the company to add 14 new fully fledged branches inline with compliance requirements of Central Bank of Sri Lanka....