Sunday Times (Sri Lanka)

The Bank of Ceylon represents Sri Lanka at the “Belt and Road Bankers Roundtable”

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The Bank of Ceylon’s Chairman, President’s Counsel Ronald C. Perera joined the “Belt and Road Initiative­sBankers Roundtable” discussion held recently in Beijing China, as the only Sri Lankan participat­ed for this summit. The Bankers roundtable was conducted in line with the “Belt and Road Initiative” forum that took place in May 15th 2017.

The event was hosted by Industrial and Commercial Bank of China (ICBC). With the Bank’s strong ties with many of these internatio­nal banks and the importance of its role in the Sri Lankan banking industry, Bank of Ceylon was invited to represent the country in this forum and was able to further strengthen its ties and collaborat­ion with these internatio­nal banking giants such as ICBC, Asian Developmen­t Bank, Standard Chartered Bank, Citi Bank, Bank of China, J. P Morgan and Chase, Habib Bank Pakistan, and with many other leading foreign banks.

Proposed by the Government of China, the “Belt and Road Initiative” is said to provide a visionary blueprint for global economic developmen­t in the world by offering modern- day solutions for a seamless flow of capital, goods and services between Asia and the rest of the world, taking reference from the historic “Silk Road”. The initiative looks into key areas; cultural exchanges, Policy co-ordination, facilitate connectivi­ty, financial integratio­n, trade, Investment and infrastruc­ture developmen­t.

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 ??  ?? Bank of Ceylon’s Chairman, President’s Counsel Ronald C. Perera
Bank of Ceylon’s Chairman, President’s Counsel Ronald C. Perera

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