Sri Lanka bank deal sparks PE interest

• Autores: Ashley Lee
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 9 (Oct2014), 2014
• Idioma: inglés
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• Resumen

  • The article reports on global private investment company TPG's purchase of the 75 percent stake in Union Bank of Colombo in Sri Lanka. Topics covered include the potential effect on the country's banking sector, the restriction on bank ownership, and the factors that lure investors to invest in Sri Lanka including the regulatory environment and the investment incentives.