COMBANK named one of ‘10 Most Admired Companies’ in Sri Lanka
The Commercial Bank of Ceylon has been named one of the 10 ‘Most Admired Companies in Sri Lanka,’ at an awards ceremony conducted by the International Chamber of Commerce (ICC) in partnership with the Chartered Institute of Management Accountants (CIMA) Sri Lanka.
The list was announced at an awards presentation presided over by the Prime Minister Hon. RanilWickremesinghe on 9th September.
This awards programme recognises companies that outperform their peers in terms offinancial performance as well as the value they create for shareholders, customers, employees and the general community.The entries were evaluated in three main areas, financial performance, social investment and compliance.
As one of the leading employers in the country,the Bank said it promotes a culture of continuous learning and knowledge gathering,performance-based appraisals,work-life balance and team work.The Bank’s Training and Development strategy is formulated to facilitate ultimate job satisfaction and career progression and to ensure that its staff is well-equipped with the competencies to undertake current as well as future tasks.
“Admiration and respect are always earned by being mindful of the needs and aspirations of all stakeholders,” Commercial Bank Managing Director Mr S. Renganathan said. “They are invaluable to any business venture, but even more so to those in financial services, where winning customer trust and confidence is vital. We are therefore delighted to be listed among the 10 most admired companies in Sri Lanka.”
The largest private sector commercial bank and third-largest bank in Sri Lanka in terms of total assets, the Commercial Bank of Ceylon PLC accounts fora substantial portion of sector assets and serves over three million customers with staff strength of 4,982 employees both in Sri Lanka and in Bangladesh where the Bank has 19 branches. The Bank also operates a Representative Office in Yangon and a Microfinance company in Nay PyiTaw, Myanmar; a fully-fledged Tier I Bank in the Maldives and a money transfer service in Italy.
The only Sri Lankan Bank to be ranked among the world’s top 1000 banks for eight years consecutively, Commercial Bank operates a network of 262 branches and 780 ATMs in Sri Lanka. The Bank has won more than 30 international and local awards in 2016 and 2017 and over 20 international awards in the first eight months of 2018.
