BOC yet to cancel LCs on importing 399 vehicles, despite GoSL suspending vehicle imports

COLOMBO (News 1st); Sri Lanka’s State-Owned Bank of Ceylon is yet to terminate the Letters of credit (LCs) with respect to the importation of 399 vehicles. On the 24th of May 2021, Sri Lanka’s Cabinet of Ministers decided to suspend the importation of even a limited number of vehicles in view of the dire economic […]