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10 June 2015

Commercial Bank begins Myanmar operations
The Commercial Bank of Ceylon opened its representative office in Yangon on Monday, 8th June, formally launching its operations in Myanmar, initially to offer Advisory Services to Sri Lankan and Bangladeshi businesses wishing to enter that country, and to arrange Banking and Advisory facilities, funds transfer and encashment services.
Commercial Bankis the first Sri Lankan bank to be granted a licence by the Central Bank of Myanmar to operate a Representative Office in the country.
The Bank’s Representative Office, located at No 42 A, Pantra Street, Dagon Township, Yangon, Myanmar was formally declared open by the Bank’s Chairman Mr Dharma Dheerasinghe, Managing Director/CEO MrJeganDurairatnam, Acting Sri Lankan Ambassador to Myanmar MrHemanthaSwarnathilake and other senior officials. MrSajeevePiyaratne is the Manager of the Bank’s Yangon Representative Office in Myanmar.

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