Ambeon Holdings steps up strategic investments in banks, buys 9% of Seylan for Rs. 1.4 b

Ambeon Holdings PLC, yesterday made a significant strategic move in the financial services sector by acquiring a 7.63% stake in Seylan Bank PLC, further increasing its investments in the banking industry.

This investment comes on the heels of a strategic acquisition by Ambeon Capital PLC and its subsidiaries, which recently purchased 9% of the ordinary voting shares of DFCC Bank PLC for Rs. 3.3 billion.

Ambeon said both investments underscore its strategic focus on strengthening its presence in the financial services sector, reinforcing its reputation as a key player in Sri Lanka’s economic landscape.

Read More…

Leave a comment