Commercial Bank of Sri Lanka Completes Liquidation of Money Transfer Unit in Italy
Sri Lanka’s Commercial Bank of Ceylon PLC has officially completed the liquidation of its subsidiary, Commex Sri Lanka S.R.L., located in Rome, Italy. The bank first announced the voluntary liquidation of the wholly-owned subsidiary in August 2022. The final procedures have now been concluded, and Commex Sri Lanka S.R.L. has been deregistered from the Chamber