The Commercial Bank of Ceylon has partnered with Capital Trust Properties, a leading real estate brokerage firm, to provide enhanced home-buying opportunities for Sri Lankans. Through this strategic collaboration, prospective homeowners can access tailored home loans from Commercial Bank, with a particular focus on financing apartments in major property developments. The partnership was formalized through
The Q+ Payment App, powered by Commercial Bank of Ceylon, has now expanded its accessibility to customers of other banks, thanks to its integration with the JustPay platform by LankaPay, the operator of Sri Lanka’s national payment network. With this integration, customers from any domestic bank that supports JustPay can now download and use the
The Commercial Bank of Ceylon has achieved the remarkable feat of being ranked second in the ‘LMD 100’ for 2023-24, advancing five positions in this prestigious list, often referred to as ‘Sri Lanka’s Roll of Corporate Honour.’ This recent ranking not only affirms Commercial Bank’s status as the top-ranked bank in the LMD 100 but
The Commercial Bank of Ceylon PLC has successfully completed the largest rights issue ever by a bank in Sri Lanka, raising a substantial Rs. 22.54 billion. This significant capital increase aims to boost the bank’s Tier I and total capital, enabling future business expansion. The rights issue offered existing holders of ordinary voting and non-voting
In a landmark initiative to drive digital transformation for small and medium-sized enterprises (SMEs), Dialog Enterprise, the corporate ICT solutions arm of Dialog Axiata PLC, has signed a Memorandum of Understanding (MoU) with Commercial Bank of Ceylon PLC, GlobalLinker, and Databox Technologies. This collaboration, titled “Commercial Bank LEAP GlobalLinker,” is an innovative web solution designed
Sri Lanka’s cabinet has approved five companies to operate foreign exchange counters at Bandaranaike International Airport, according to Minister Bandula Gunawardana. Following a competitive tender process, the selected firms are Bank of Ceylon, People’s Bank, Sampath Bank, Commercial Bank, and Thomas Cook. The franchise agreements will be effective for three years.
The Colombo stock market commenced the new week on a positive note, with indices rising and a notable net foreign inflow of over Rs. 400 million. The active S&P SL20 index increased by 0.55% while the benchmark ASPI rose by 0.41%. Turnover reached Rs. 1.56 billion, involving 29.2 million shares. Net foreign buying was led