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In this regard, the foreign banks have expressed their commitment to operate as intermediaries of their entire international branch network to channel funds and expertise to several sectors of the economy," the Central Bank of Sri Lanka said in a statement.
The central bank of Sri Lanka has suggested that the nation will see continued economic growth.
15-member delegation The 15-member delegation included officials from the Central Bank of Sri Lanka as well as the chief executive officers and senior officers from the six largest banks in Sri Lanka namely, Bank of Ceylon, People's Bank, Hatton National Bank, Commercial Bank, Sampath Bank, and National Savings Bank.
Recently, the Central Bank of Sri Lanka issued a road map to set out the policy actions the government will take for 2010 and beyond.
The Ministry of Plantation, Tea Small Holding Development Authority [TSHDA] Central Bank of Sri Lanka, Sri Lanka Tea Board and local commercial banks are engaged with this exercise under the financial assistance of the Asian Development Bank.
This will make a substantial contribution to the 5% economic growth anticipated by the Central Bank of Sri Lanka," Thilan Wijesinghe said.
Governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal said on the sidelines of the India Economic Summit, "We have been supportive of that from the beginning when it was mooted.
The central bank of Sri Lanka has said that it has made further progress in bank consolidation.