The Commercial Bank of Ceylon has been ranked as ‘Market Leader’ in Sri Lanka in Corporate Social Responsibility (CSR) and SME Banking under the Euromoney Market Leaders 2022 Accreditation Programme launched by the prestigious publication this year, the Bank said.
Euromoney also accorded Commercial Bank a ‘Highly Regarded’ accreditation for its offerings in ‘Investment Banking’ and ‘Digital Solutions’, it added.
The Bank’s success was recognised across these four categories at a national level at the inaugural accreditation programme that was introduced to compliment the existing Euromoney and Asiamoney awards by providing a comprehensive global ranking of banking and finance brands across several key segments, it further added.
“An accreditation programme of this nature is very welcome because it goes beyond the format of the evaluation for awards with a grading methodology,” Commercial Bank’s MD and CEO Sanath Manatunge said. “This allows multiple players to be graded in different aspects of performance, and motivates those with lower accreditations to strive to progress to the next level of recognition. We are delighted to be ranked Market Leader in both CSR and SME banking, two high priority areas for Commercial Bank,” he added.