ComBank adjudged ‘Best Corporate Bank’ & ‘Best Retail Bank’ in Sri Lanka

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The Commercial Bank of Ceylon has won the titles of ‘Best Retail Bank Sri Lanka 2022’ and ‘Best Corporate Bank Sri Lanka 2022’ at the annual awards of the UAE-based Global Business Review magazine, which recognises and rewards excellence in companies across sectors.

The Bank was presented these accolades on the basis of the conclusions of an independent research team that reviewed its performance in 2021. Commercial Bank remained the benchmark and fastest-growing private bank in Sri Lanka in the year of assessment and outperformed its competition with a number of sector-leading performance indicators among the private banks in the country.

These included the highest market capitalization, highest gross income, highest profit before and after tax, highest value in total assets, highest value in gross loans, highest market share of loans, highest total shareholder funds, highest operating income, highest total deposits, highest market share of deposits, and the highest CASA ratio.