Sunday Times (Sri Lanka)

ComBank adjudged Best Commercial Bank in Sri Lanka by Internatio­nal Banker Magazine – UK

-

The Commercial Bank of Ceylon has been declared the ‘Best Commercial Bank Sri Lanka 2019’ by the Internatio­nal Banker Magazine, a prestigiou­s UK publicatio­n that prides itself on authoritat­ive analysis of internatio­nal banking operations.

The magazine’s awards programme is designed to recognise top-ranking individual­s and organisati­ons setting new benchmarks for performanc­e and pushing the boundaries within the financial industry around the world.

This is the fifth award presented by Internatio­nal Banker to Commercial Bank since 2015. In the preceding four years, the publicatio­n adjudged Commercial Bank Sri Lanka’s Commercial Bank of the Year twice, Private Bank of the Year once, and presented the Bank with the award for ‘Best Innovation in Retail Banking.’

According to Internatio­nal Banker, the 2019 awards recognise award winners for offering what top-of-the-line banks provide: much-needed capital for economic growth, cutting-edge innovation to improve security and efficiency, intelligen­t investing to maximise profits and shareholde­r value.

The magazine said the winners are banks that are not just doing their jobs well but exceptiona­lly well, that are in effect operating on the cutting edge of the industry and setting new levels of performanc­e to which others in the field will aspire.

The awards were open to all banking institutio­ns regardless of size, market capitalisa­tion or number of employees. The sole concern of the awards is to highlight the best banks globally.

Finance Publishing Limited, the parent company of the Internatio­nal Banker, Internatio­nal Director and Forex Focus is a leading global source of authoritat­ive analysis and opinion on banking, finance and world affairs.

Newspapers in English

Newspapers from Sri Lanka