Intentar ORO - Gratis
ComBank leads Sri Lanka’s SME lending for fifth consecutive year
The Island
|December 17, 2025
The Commercial Bank of Ceylon has once again emerged as the country’s largest lender to small and medium enterprises (SMEs), retaining its position for the fifth consecutive year, according to the Ministry of Finance’s Final Budget Position Report for 2024.
-
The report shows that Commercial Bank disbursed Rs. 330.9 billion in SME loans in 2024, representing 30.3% of the Rs. 1,090 billion provided by 16 state and private sector banks. This places the Bank significantly ahead of all other institutions, leading the industry with SME lending that is 91% higher than that of the nearest competitor.
The Bank’s support extended across Agriculture, Services, Industries and Other sectors, with its most substantial contribution directed to Industries. Commercial Bank lent Rs. 266.8 billion to this sector alone, accounting for 47.8% of the Rs. 557.6 billion in total loans received by Sri Lanka’s industrial enterprises in 2024.
Esta historia es de la edición December 17, 2025 de The Island.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Island
The Island
IDL, Clouds by SOZO and the Rukmini Tissananayagam Trust partner with the HSBC Ceylon Literary & Arts Festival 2026
The HSBC Ceylon Literary & Arts Festival 2026, taking place from 13 to 15 February at Cinnamon Lakeside, Colombo, promises to be one of those rare cultural moments that linger long after the last session ends.
2 mins
February 13, 2026
The Island
Virtusa and Wiley form a multi-year partnership to accelerate Wiley’s technology transformation
Virtusa Corporation, a global leader in digital business strategy and Al-led product and platform engineering, and Wiley (NYSE: WLY), a global leader in authoritative content and research intelligence for the advancement of scientific discovery, innovation, and learning, today announced a multiyear managed services partnership under which Virtusa will provide infrastructure and application services and support Wiley's strategic technology initiatives.
1 min
February 13, 2026
The Island
Buoyant Zimbabwe plot massive upset against depleted Australia
After a difficult preparation amid a deepening injury crisis, Australia desperately just wanted to get their tournament started and the off-field distractions did not show during a clinical thrashing of Ireland.
3 mins
February 13, 2026
The Island
Profit-takings return bourse to negative territory
The CSE yesterday set off on a negative note and by mid-session turned positive in a strong manner but dipped into negativity due to profit-takings latterly.
1 mins
February 13, 2026
The Island
First Capital Holdings records Rs. 3.23Bn Total Comprehensive Income for 9M FY2025/26
First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering force in Sri Lanka’s investment bank landscape recorded a Total Comprehensive Income of Rs. 3.23Bn for the nine months ended 31 December 2025, compared to Rs. 4.53Bn in the corresponding period of the previous year.
2 mins
February 13, 2026
The Island
Appeasement of separatists
Although Sri Lanka officially defeated the LTTE militarily in May 2009, global LTTE-affiliated groups continue to pursue separatist goals of creating an independent ‘Tamil Eelam’ through nonmilitary means.
3 mins
February 13, 2026
The Island
Valentine's Day
Valentine's Day arrives each year with a familiar mix of roses, chocolate boxes, candlelit dinners and carefully chosen words.
2 mins
February 13, 2026
The Island
Allianz Lanka’s Women in Leadership Employee Resource Group brings hope
Allianz Lanka’s Women in Leadership Employee Resource Group (WIL ERG) recently conducted a donation initiative to support the Lady Ridgeway Hospital for Children, the largest pediatric hospital in South Asia.
1 min
February 13, 2026
The Island
Half of Asia's ad money now flows to social media platforms, starving traditional outlets says expert
Nearly fifty per cent of advertising budgets in Asia are now being captured by social media platforms and digital influencers, a shift that is rapidly hollowing out the financial base of traditional media and threatening the future of independent journalism, Regional Advisor - Asia and Africa of International Media Support (Denmark) Dr. Ranga Kalansooriya warned.
3 mins
February 13, 2026
The Island
Damesh produces best all-round feat
Damesh Mathisan produced the best all round performance of the season as St. Joseph Vaz's Wennappuwa (325/8 decl. & 178/9 decl.) took major honors taking first innings points against Isipatana (301 & 72/3) in the Under 19 Division I Tier B match at Colts Ground on Thursday.
1 min
February 13, 2026
Listen
Translate
Change font size
