Thursday, 17 July 2014

Sri Lanka's NDB, DFCC hire Boston Consulting to advice on merger

June 17, 2014 (LBO) - Sri Lanka's National Development Bank and DFCC Bank has engaged Boston Consulting Group (India) Pvt Ltd, to advice on a planned merger.

The two banks are merging under a regulatory move to create a bigger entity.

The banks said in a joint stock exchange filing that no final decision has been made on the merger.

No comments:

Post a Comment