ComBank rated Most Respected Bank
The Commercial Bank of Ceylon has been rated as the Most Respected
Bank in Sri Lanka for the 10th consecutive year and the second 'Most
Respected' corporate entity in the country for the fourth consecutive
year in the annual LMD rankings.
The Bank was ranked number one in Sri Lanka for 'Honesty' for the
second successive year, topping the category that is most important to
businesses in the financial services sector.
Commercial Bank is the only bank among the top five Most Respected
entities in Sri Lanka, and is ranked among the top three in several
other key aspects such as Financial Performance, Quality Consciousness,
Management Profile, CSR and Vision. The Bank has been the Most Respected
bank in the list since its inception in 2005.
The 2014 and tenth edition of this list of Sri Lanka's most respected
companies includes the most diversified conglomerates in the country and
some of the world's best-known multinationals.
"For an entity whose business is dependent on public trust,
confidence and respect, being ranked second among the top corporates in
Sri Lanka is an important endorsement," Commercial Bank Managing
Director and CEO Jegan Durairatnam said.The LMD rankings are based on
the opinions of the public. The respondents include senior executives
from the State and private sectors and their views are obtained under 10
areas of evaluation: Financial Performance, Quality Consciousness,
Management Profile, Honesty, Innovation, Dynamism, Corporate Culture,
CSR, Vision and Nation-mindedness.
In eight of these 10 areas, the Bank was placed within the top five
in the 2014 survey.