Sri Lanka, July 29 -- The Commercial Bank of Ceylon has announced plans to raise up to Rs 15 billion for lending to sustainability-linked projects via a Green Bond approved in principle by the Colombo Stock Exchange (CSE) for public listing.

The Green Bond Issue opening on Monday 4th August 2025 will comprise of an initial issue of 100 million Basel III Compliant - Tier 2 Listed Rated Unsecured Subordinated Redeemable Green Bonds with a Non-Viability Conversion feature, at the par value of Rs 100/= each, to raise a sum of Rupees 10 billion; and an option to issue up to a further 50 million Green Bonds at the discretion of the Bank, in the event of an oversubscription of the initial issue.

The Bank said the issue will further strengthen ...