Ceylon FT: The board of directors of DFCC Bank and NDB Bank have signed an MoU to explore the possibility of merging.
In a joint stock exchange filing, both banks said the MoU was the first step in exploring the possibility of amalgamating the two banks and that no 'definite decision on any aspect of such consolidation' had been taken at this stage.
The directors of both banks have ensured the public, shareholders and employees that they would be informed of the progress as and when necessary.
In a joint stock exchange filing, both banks said the MoU was the first step in exploring the possibility of amalgamating the two banks and that no 'definite decision on any aspect of such consolidation' had been taken at this stage.
The directors of both banks have ensured the public, shareholders and employees that they would be informed of the progress as and when necessary.
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Related News:
http://www.cse.lk/cmt/upload_cse_announcements/7711395659415_.pdf
Related News:
http://www.cse.lk/cmt/upload_cse_announcements/7711395659415_.pdf
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