Businesscafe - The Colombo Stock Exchange (CSE) has approved in principle the listing of Commercial Bank of Ceylon PLC’s Rs 10 Billion Debenture Issue opening on Tuesday 2nd July 2024. ...
Businesscafe - The Commercial Bank of Ceylon was the biggest lender to Sri Lanka’s small and medium enterprises (SME) sector by a huge margin in 2023, accounting for nearly a third of the value of the loans disbursed by a total of 17 state and private sector lending institutions, the Ministry of Finance has confirmed. ...
  Businesscafe - The Commercial Bank of Ceylon won triple honours including two Golds at the Green Industry Awards 2024 presented by the Industrial Development Board (IDB) to recognize success stories in sustainability. ...
Businesscafe - The electricity bills of 300 customers will be wiped out, and three customers will each win a tour package for two to Singapore under an exciting new campaign launched by the Commercial Bank of Ceylon to promote use of ‘ComBank Digital’ - Sri Lanka’s most-used digital banking platform. ...
Businesscafe - Commercial Bank of Ceylon’s nationally-significant campaign to boost digital literacy in Sri Lanka has reached an impactful milestone with the completion of the 300th IT Lab donation by the Bank. ...
  Businesscafe - ‘Q+ Payment App’ – the first LankaQR certified mobile payment app in Sri Lanka – has gone trilingual with the launch of its groundbreaking Sinhala and Tamil versions at twin events held in Nittambuwa and Jaffna respectively. ...
Businesscafe - Nearly 100 micro and small business owners in the Marawila and Wennappuwa areas recently benefitted from a sustainable entrepreneurship development programme conducted for them by the Commercial Bank of Ceylon in collaboration with several other key institutions. ...
Businesscafe - Sri Lanka will be able to deploy its first credit and debit card-enabled vending machines following a collaboration between the Commercial Bank of Ceylon, the country’s biggest private sector bank, and Ceylon Business Appliances (CBA), a leading financial technology solutions company. ...
Businesscafe - In a move to spur sustainable investments in Sri Lanka, the International Finance Corporation (IFC) and the European Union (EU) partnered with the Commercial Bank of Ceylon (CBC) to scale up green finance, supporting the country’s commitments towards a low-carbon economy. ...

ComBank begins 2024 with impressive growth

Published in Money
Tuesday, 14 May 2024 12:48
Businesscafe - The Commercial Bank of Ceylon Group has ended the first quarter of 2024 with a loan book of Rs 1.316 trillion, continuing the Bank’s focus on lending in a period where the appreciation of the Rupee negatively impacted the value of the loan book and resulted in a contraction of the balance sheet. ...