Sri Lanka, Feb. 5 -- The Commercial Bank of Ceylon has announced that ComBank Digital, the Bank's digital banking platform, is now linked with the Central Depository System (CDS) of the Colombo Stock Exchange (CSE), enabling the Bank's account holders to make IPO settlements directly from their accounts.
Made possible by the integration of the CDS with the LankaPay Government Payment Platform (LPOPP), this feature now facilitates participation in Initial Public Offerings for Commercial Bank customers by enabling them to pay for their initial shares via the Bank's online banking channels.
"The option of buying shares offered via IPOs is an important addition to ComBank Digital, and will be welcomed by many of our customers looking to diver...