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Cargills Ceylon gets CB nod to set up a Bank

Sep 7, 2011 5:00:15 AM - www.ft.lk

Cargills (Ceylon) Plc said today that pursuant to an application made by Cargills (Ceylon) PLC and C T Holdings PLC (holding company) as joint promoters, Cargills (Ceylon) PLC has received provisional approval from the Central Bank to set up Cargills Agriculture and Commercial Bank (CACB), subject to fulfilling routine terms and conditions.