ComBank conducts e-forum series to encourage citizens overseas to invest in Sri Lanka

The Commercial Bank of Ceylon has stepped up efforts to encourage Sri Lankans living overseas to invest in Sri Lanka with the support of the country’s benchmark private bank.

The Bank has launched a series of e-forums designed to create awareness about local investment opportunities available to Sri Lankans living or working in other countries and on the numerous special products and services offered by the Bank to facilitate an inflow of foreign currency into the country.

The forums are also a platform to share some insights with the expat community on the economic conditions created in the country by the Covid pandemic.

The Bank has already concluded two such virtual events that benefitted members of the Sri Lankan expat community, workers, and professionals living in the United Arab Emirates ( UAE) and Kuwait. Two more are planned to be held for this segment in Oman and Qatar shortly, the Banks said.

Conducted by the Bank’s Senior Deputy General Manager – Treasury Mr Prins Perera, these e- forums take place with the involvement of the Bank’s overseas remittance partners, staff of Sri Lankan diplomatic missions, the Bank’s overseas Business Promotion Officers, and members of its corporate management.

Besides providing a comprehensive picture of the Sri Lankan economy supported by statistics, these virtual forums are conducted to encourage foreign direct investments into Sri Lanka and to maintain the Bank’s relationship with all its stakeholders, the Bank said.