Sri Lanka’s Commercial Bank and Hatton National Bank sign up to use leading solution for IFRS
Sri Lanka’s two largest private commercial banks – Commercial Bank of Ceylon (CBB) and Hatton National Bank (HNB) – are the latest Asian institutions to have signed up to use the OneSumX Finance solution developed by Wolters Kluwer Financial Services. The firms will use the solution for the implementation of IFRS. They are the first banks in the country to become compliant with the international reporting standards.