Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 837 Tue. October 03, 2006  
   
Business


Commercial Bank of Ceylon 'best bank in Lanka'
Commercial Bank of Ceylon, Sri Lanka's leading private sector bank, has again been recognised as the 'Best Bank' in the island country by Global Finance, one of the top financial publications in the USA, says a press release.

In its latest annual survey of the Best Emerging Market Banks of the world, the Global Finance magazine has rated the Commercial Bank of Ceylon as the 'Best Bank in Sri Lanka' for the eighth consecutive year.

An in-depth evaluation of the bank's performance over the past year, including capital strengths, asset growth, profitability, strategic relationships, customer service, competitive pricing and innovative products, led the Global Finance editors and analysts, as well as corporate executives and banking consultants to select this bank as the best out of all local banks.

Established in 1969, the Commercial Bank of Ceylon began its operations in Bangladesh in 2003 and expanded to five fully-fledged branches and two booths.