Sri Lanka's Cargills enters into Agreement with Bank of China to promote cooperation

Sri Lanka's Cargills Group, the leading Retail and FMCG Company today announced that has entered into agreements with the Bank of China Limited.

In a stock market filing the retailing giant said the company entered into agreements with the Bank of China Limited to promote cooperation and strengthen business ties between the two entities.

Bank of China is the 4th largest bank in the world, and is the oldest bank in mainland China.

The entry of Bank of China - Colombo Branch is expected to enhance trade and investment between Sri Lanka and China, it said.

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