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Asia-PacificJune 3 2009

Sri Lanka waits for the smoke to clear

Tamil expats protest in Washington, DCAs Sri Lanka's civil war ends, domestic and global banks are eyeing potential stable investments in a country that has until now attracted a great deal of caution from financiers as a consequence of its long-running conflict. Writer Eric Ellis in Colombo
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Sri Lanka waits for the smoke to clear

The eerie cloisters around Colombo's Fort district tell the sad story of Sri Lankan banking through near three decades of civil war.

Fort's financial district was once prime real estate in a city regarded as a rival to Mumbai for south Asian mercantile primacy. Business thrived here; bustling airline offices, hotels, finance houses and freight and customs handlers; the entire ensemble anchored by the stability of imposing banking chambers.

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