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ComBank wins two Euromoney Awards for Excellence 2025
Daily FT
|September 17, 2025
Recognised as Sri Lanka's Best Bank and Best Bank for SMEs for outstanding financial performance and SME sector support
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THE Commercial Bank of Ceylon has been honoured with two of the most prestigious accolades at the Euromoney Awards for Excellence 2025.
The Bank was named Sri Lanka's Best Bank and Best Bank for SMEs, in recognition of its exceptional achievements in financial performance, digital leadership and its pivotal role in empowering the country's SMEs.
In naming Commercial Bank the Best Bank in Sri Lanka, Euromoney commended the Bank's ability to deliver exceptional financial and digital performance against the backdrop of a gradually recovering national economy.
The magazine noted that in 2024, Commercial Bank achieved a near 200% increase in profit before tax, rising to Rs. 95.54 billion from Rs. 31.88 billion the previous year. Profit after tax grew by 164% to Rs. 54.07 billion, while the Bank's return on equity climbed to 22.06% the highest among Sri Lanka's private sector banks.
This story is from the September 17, 2025 edition of Daily FT.
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