Combank named SL’S Most Respected Bank for 14th year running
The Commercial Bank of Ceylon has been reaffirmed the most respected bank in Sri Lanka for the 14th year running and the fourth most respected corporate entity in the country in the 2018 rankings of the Most Respected Entities in Sri Lanka compiled by LMD following a survey by Nielsen. Commercial Bank remains the only bank among the top five Most Respected entities in Sri Lanka in 2018. The bank has been the Most Respected Bank in LMD’S annual ranking since the publication launched the ranking in 2005.The latest edition of the LMD ranking of Sri Lanka’s most respected companies includes the largest and most diversified conglomerates in the country and some of the world’s best-known multinational companies (MNCS).
“Earning the respect of the public we serve is obviously critical to the success of our business, and we aregreatly encouraged to consistently be the highest-ranked bank in this who’s who of corporate Sri Lanka,”commercial Bank Managing Director/ceo S. Renganathan said. “It is also particularly pleasing to be the highestranked bank in the country for honesty, financial performance, management profile and corporate culture, indicators that are relevant to our customers, employees and shareholders.”
Using the Olympic Ranking System it adopted in 2015 to record peer perceptions of corporate admiration, this year’s LMD ranking has conferred 46 Gold, 48 Silver and 59 Bronze medals to Commercial Bank.