The Commercial Bank of Ceylon has won the ‘Decade of Excellence’ Award for Retail Banking in Sri Lanka at the 10th edition of the annual awards of the prestigious UK publication Global Banking & Finance Review.
The magazine honoured Commercial Bank with this award in acknowledgment of the Bank’s performance over the past ten years and its winning streak of the past four years, when it won the title of ‘Best Internet Bank – Sri Lanka’ from the same awarding body. The ‘Best Internet Bank’ award was presented to the Bank for the high quality of service and innovation provided to its customers via its online and digital banking platforms.
The Global Banking & Finance Awards recognise the innovation, achievement and strategy and progressive and inspirational changes taking place within the global financial community, and are processed free of charge to ensure recognition to companies of all sizes which are prominent in particular areas of expertise and excellence within the financial world.
Commenting on this award, Commercial Bank Managing Director Mr S. Renganathan said: “Consistency is a highly valued virtue in banking, and being recognised for a decade of excellence is therefore a noteworthy achievement. The timing of this award is also impeccable as it comes at a time when Commercial Bank is celebrating 100 years of banking in Sri Lanka.”
Read in over 200 different countries by Presidents, CEOs, CFOs and senior decision makers within Fortune 500 companies, major banks, financial institutions, Central Banks, and individuals interested in financial markets and news, Global Banking & Finance Review is a leading online and print magazine which has evolved from the growing need to have a more balanced view for informative and independent news within the financial community. Launched in 2010, the Magazine focuses on global financial trends and developments.
The Commercial Bank of Ceylon is the only Sri Lankan bank to be ranked among the World’s Top 1000 Banks for nine consecutive years. It is not only the largest private bank in Sri Lanka, but the only private bank in the country with an international presence of a 19-branch operation in Bangladesh, a foothold in Myanmar with a Representative Office in Yangon and a Microfinance company in Nay PyiTaw, and an emerging force in the Maldives, where it operates a fully-fledged Tier I Bank with two branches.
Commercial Bank operates a network of 268 branches and 865 ATMs in Sri Lanka. The Bank won more than 50 international and local awards in 2019, and was ranked among the 10 Most Admired Companies in Sri Lanka the same year. It has also been adjudged the most respected Bank in Sri Lanka by LMD for 15 years.