The Commercial Bank of Ceylon recently received the coveted Best Bank of the Year in Sri Lanka award for the ninth time at the prestigious FinanceAsia Country Awards gala. At the event held in St. Regis Hotel, Hong Kong, the Bank was represented by Mr Prins Perera, Deputy General Manager – Treasury, who accepted the award on behalf of the Bank.
The Finance Asia Country Awards are based on the respective banks’ performance, encompassing key events of the year, financial results including profits, NPL ratios, provisioning, return on equity, capital adequacy ratios, total assets, loans, deposits, branch network, vision and long-term strategy, market position versus the nearest competitor, principal sources of profit, and feedback of stock market analysts.
Cover image: Mr Prins Perera with FinanceAsia’s ‘Best Bank’ award for Sri Lanka.