Page

The Corporate Banking Division is comprised of the Bank’s Foreign Branch, Off-Shore Banking Centre, Islamic Banking Unit (IBU) and Corporate Finance Unit (CFU).

In addition to a specialised unit devoted to Islamic banking products and services, the Corporate Banking Division administers the Bank’s operations in Bangladesh and over the past year has conducted selective lending in Maldives as international tourism continues to positively impact the Maldivian economy.

Over the years, the Foreign Branch has earned an excellent reputation for its trade finance operations while serving clients in diverse fields of business activity. Its customers are medium-sized and large Sri Lankan corporate businesses, blue-chip companies and multinationals operating in Sri Lanka.

The Bank has a well-established and trusted network of correspondents covering every part of the world - relationships that provide a distinct advantage to corporate customers in their off-shore business dealings with global counterparts.

The network of correspondent banks of the Commercial Bank is given under "Correspondent Banks".

Core Competencies

• Financial stability and strength
• Strong brand name established through consistent superior performance
• Experienced, committed and competent staff with high level of integrity
• Fully-linked branch network locally and overseas, with a broad correspondent network
• In-house legal expertise

• High level of professionalism in supporting a core customer base that includes blue-chip companies and large corporates
• Cost-effective operations
• Effective risk assessment of exposures and processes
• Independence in credit decisions
• High delegated authority resulting in speedy approvals
• Proactive approach in identifying and mitigating risks associated with sectoral lending
• Comprehensive lending guidelines for most key sectors
• Flexible corporate finance and capital markets products
• Customised Treasury products
• Highest single-borrower limit among private sector banks
• Fully fledged IT module for domestic factoring
• Registration with CSE as a custodial service provider
• Registration with SEC as a margin provider and underwriter
• Appointment as a CDS settlement banker
• Commencement of Islamic Banking operations
• Successful operations in Bangladesh and lending relationships in Maldives
• Implementation of a social and environment policy in line with IFC standards