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Ownership, Legal Form and Our Presence

Commercial Bank of Ceylon PLC is the largest private sector bank of domestic origin in Sri Lanka in terms of assets, deposits, loan book and profits. The Bank commenced its operation with a single branch way back in the 1920s, expanded its scale of operations in Sri Lanka in the ensuing years and extended its operations overseas in 2003 with the acquisition of Bangladesh operations of Credit Agricole Indosuez. In addition, Commercial Bank has placed Business Promotion Officers in Jordan, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.

The Bank is a licensed commercial bank and a public limited liability company that is listed on the Main Board of the Colombo Stock Exchange. The Bank had the largest market capitalisation among all listed banking institutions in Sri Lanka and was ranked at No. 6 among all listed entities as at end of 2011 (No. 4 as at end 2010). Commercial Bank is the only Sri Lankan bank represented in the Top 1000 Banks in the world based on the annual ranking by UK-based ‘The Banker’ magazine, based on strength of Tier 1 capital, assets size, soundness, performance and profitability.

More information is available in ‘Investor Relations’.

Scale of Operations

The Bank conducts its operations from its Head Office at ‘Commercial House’, Sir Razik Fareed Mawatha, Colombo 01 and through its branches and other delivery channels. We continue to delight our customers through a network of 213 manned and 500 automated delivery

points in Sri Lanka, 17 manned and 14 unmanned delivery points in Bangladesh, and through the aforementioned Business Promotion Officers with a total staff strength of 4,329 in Sri Lanka and 195 in Bangladesh. The compounded annual growth rate (CAGR) of the Bank’s total assets, loan book and profit after tax exceeded 20% over the past decade. The above statistics amply demonstrate the confidence placed by our customers on the stability of the Bank.

Network of outlets in bangladesh