Combank Archives - Page 7 of 45 - Lanka Business News

August 16, 2024

Launches new initiative to enhance financial literacy and enterprise acumen of the next generation of Sri Lankans The Commercial Bank of Ceylon is rolling out a new initiative called ‘Diribala Next Gen School Entrepreneurship Grooming Programme’ with the objective of empowering school entrepreneurship and fostering a transformative mindset among school entrepreneurship circles. The […]

August 16, 2024

The Commercial Bank of Ceylon PLC has announced that it has successfully completed the largest rights issue to date by a bank in Sri Lanka, raising Rs 22.54 billion to increase the Tier I and total capital of the Bank to accommodate and facilitate future business growth. The Bank offered holders of ordinary […]

August 15, 2024

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Continues to push lending, growing loan book by Rs 67.55 bn. in six months Strong CASA ratio of 39.95% lessens interest expense growth Net interest income up 56.53% to Rs 58.62 bn. Total taxes increase by 92% to Rs 14.88bn. Characteristically agile and proactive responses to market-specific dynamics have enabled the Commercial Bank of Ceylon […]

August 12, 2024

The Commercial Bank of Ceylon has completed two decades as LMD’s Most Respected Bank in Sri Lanka, with the announcement of the magazine’s ‘Most Respected Entities in Sri Lanka’ rankings for 2024. Sri Lanka’s largest private sector bank, Commercial Bank was also ranked the third Most Respected corporate entity in the country overall in the […]

August 5, 2024

The Commercial Bank of Ceylon has been proclaimed ‘Sri Lanka’s Best Bank for ESG’ at the 2024 edition of the Euromoney Awards for Excellence, generating international recognition for the Bank’s commitment to Environmental, Social and Governance (ESG) frameworks. The Euromoney Awards for Excellence are highly respected in the global banking industry, and represent […]

July 29, 2024

The Commercial Bank of Ceylon has become the first Sri Lankan bank to be a signatory to the Partnership for Carbon Accounting Financials (PCAF), a global initiative that enables signatories to measure and disclose the greenhouse gas (GHG) emissions associated with their financial activity. Already certified 100% carbon neutral in terms of its […]

July 23, 2024

The Commercial Bank of Ceylon won a remarkable six awards presented in three separate segments recently by Asian Banking and Finance (ABF) at a single event in Singapore – the 2024 edition of the magazine’s annual awards ceremony. Commercial Bank won two awards in each of the three segments – the ABF Retail Banking […]

July 21, 2024

The Commercial Bank of Ceylon has received a globally – recognised Second-Party Opinion (SPO) for the Bank’s Sustainable Bond Framework from Sustainable Fitch, the Fitch Solutions company that provides Environmental, Social and Governance (ESG) related ratings. The SPO is a third-party validation aligned with the International Capital Markets Association (ICMA) Green Bond Principles […]

July 18, 2024

Entries to be submitted online on or before 31st August 2024 Open to Sri Lankan children resident overseas as well Sri Lankan children countrywide as well as those living overseas can once again unleash their artistic talents and win cash prizes with the launch of the fifth edition of ‘Arunalu Siththam’ – the children’s art […]

July 8, 2024

Commercial Bank Bangladesh, the Bangladesh operation of Commercial Bank of Ceylon PLC, has received a ‘AAA’ (Triple A) Long Term credit rating from Credit Rating Information and Services Ltd (CRISL) for 2024, the 14th consecutie year it has received the highest credit rating given to a financial institution in Bangladesh. Valid till June […]

ComBank takes entrepreneurship development to schools under ‘Diribala’

ComBank raises Rs 22.54 bn. from shareholders via biggest rights issue by a local bank

Resilient ComBank maintains growth impetus in Q2 despite external pressures

ComBank ranked Most Respected Bank in Sri Lanka for 20th successive year

Euromoney declares ComBank ‘Sri Lanka’s Best Bank for ESG’

ComBank first Lankan Bank to join PCAF – the global Partnership for Carbon Accounting Financials

ComBank wins 6 awards at Asian Banking and Finance Awards in Singapore

ComBank’s Green Bond framework receives milestone SPO from Sustainable Fitch

5th ‘Arunalu Siththam’ contest: ComBank inspires artistic talent of children, rewarding 142

ComBank Bangladesh operations receive ‘AAA’ credit rating for 14th successive year