Combank Lanka's best bank for 14th year

The Commercial Bank of Ceylon has once again been adjudged Sri Lanka's best bank by Global Finance magazine, giving the bank the distinct honour of winning this prestigious award for 14 years consecutively.

The US-based magazine has named its 'Best Emerging Market Banks in Asia' rankings in an exclusive survey to be published in the May 2012 issue.

Ranked alongside Commercial Bank are Asian banking giants of the calibre of China Construction Bank (CCB) in China, ICICI Bank in India, Korea Exchange Bank in South Korea, Chinatrust Commercial Bank in Taiwan and UniCredit Bank of Russia in the Central/Eastern Europe region; Standard Bank of South Africa in the Africa region and National Bank of Kuwait and Emirates NBD Bank of the UAE in the Middle East region.

"Besides the signal honour of being adjudged the country's best by an eminent international panel of experts, this award is particularly significant because we have won it 14 times in a row," Commercial Bank's Acting CEO Ravi Dias said.

"Consistency in performance is especially valued in the financial services sector, and more so in challenging times."