• Sri Lanka
  • United States of America
Amcham Sri Lanka About

Press release

Commerical Bank in World's Top 1,000 Banks for the 4th succesive year (2014-07-04 )

The Commercial Bank of Ceylon has been ranked among Top 1000 Banks of the World for a 4th succesive year in 2014,becoming the only Sri lankan bank to achieve this feat. This prestigious ranking published annualy by "The Banker" magazine of the UK,is an important endorsement of the consistent growth and key performance indicators achieved by Sri Lanka's largest private bank. The top 1000 world banks is compiled from a database of over 5000 of the world's biggest banks and is acknowledged by the global financial community as the definitive guide to bank rankings and analysis.Begun in 1970 the ranking is widely used all year round by senior bankers,corporate treasurers , corporate financiers,the professional services community and many others in their day to day decisions relating to banking. "Making the Top 1000 list is a noteworthy achievement by itself, but staying there for four years in a row despite the challenging conditions we operate in ,reflects well on the strength and stability of the bank", said Jegan Durairatnam Chief Operating Officer of Commercial Bank.