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Colombo: Sri Lanka's Seylan Bank taken over by the state-run Bank of Ceylon under the instruction of the Central Bank of Sri Lanka. Read the Full Article

Relates Articles:

Struggle in Seylan Bank widens, Bank of Ceylon to take over Seylan
Sri Lanka: State takes over Seylan Bank to ‘protect entire financial sector’ (TamilNet)
No risk with Seylan Bank, Sri Lanka Central Bank says
Sri Lanka Insurance to take bulk of Seylan shares
Seylan Bank of Sri Lanka in deep crisis

Seylan Bank taken over by Bank of Ceylon as instructed by the Central Bank of Sri Lanka (TamilEelam News Service)

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