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ComBank, Euromoney's Best Bank in SL


Commercial Bank’s Chief Operating Officer and Executive Director S. Renganathan (centre) with Tony Shale, CEO Asia of Euromoney (left) and Editor of the magazine Clive Horwood at the awards presentation in Hong Kong.

Euromoney, widely considered as one of the world's leading financial magazines, has adjudged Commercial Bank of Ceylon PLC as the Best Bank in Sri Lanka in 2015 at the magazine's Asia Awards for Excellence presented recently in Hong Kong.

This is the second major international award presented to Commercial Bank in the past two months, during which the Bank also had the distinction of becoming the only Sri Lankan bank to be ranked among the Top 1,000 banks of the world for five consecutive years. The Euromoney accolade is based on detailed submissions from market participants and extensive year-round research into the banking and capital markets in the region by the magazine's editors, journalists and research team.

According to Euromoney, the Asia Awards are the benchmark for the leading firms in financial services in the region, and are fiercely contested across numerous markets and categories.

"We are further strengthened with this very credible award, which is based on evaluation criteria applied to banks across global markets and regions," Commercial Bank's Managing Director and CEO Jegan Durairatnam said. "We are grateful to the millions of Commercial Bank customers whose patronage has made this award possible, and to the entire team whose passion and commitment keep the Bank in the vanguard of the industry."

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