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ComBank to finance luxury apartment purchases at first mixed dev. project
Daily Mirror - Sri Lanka
|October 07, 2025
Commercial Bank of Ceylon has entered into a Memorandum of Understanding (MoU) with Baili Investments Lanka Private Ltd. to provide prospective buyers of condominium apartments at a mixed development project in Rajagiriya with access to flexible home loan facilities.
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Under this agreement, the bank will offer home loans to buyers through tripartite arrangements involving the Bank, the developer, and the buyer. Buyers will be able to obtain loans covering up to 75 percent of the purchase price of their apartments, making it significantly easier for them to own homes in this landmark development.
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