Commercial Bank of Ceylon PLC - Company Profile
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Commercial Bank of Ceylon PLC (Bank of Ceylon) provides a range of financial services, including personal and corporate banking, to individuals and corporate clients. The bank's main activities encompass savings and current accounts, loans, credit and debit cards, and investment services. Bank of Ceylon serves a diverse customer base, offering tailored financial solutions for personal, business, and microfinance needs. The bank operates through various channels, including digital banking platforms and a network of branches and ATMs. It has a presence in Sri Lanka, Myanmar, Bangladesh, and the Maldives, targeting both local and international markets. Commercial Bank is headquartered in Colombo, Sri Lanka.
Commercial Bank of Ceylon PLC premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | Islamic Banking |
| Savings | Elite Banking |
| Current | Investment Banking |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In March, the bank partnered with Ideal Motors to provide preferential leasing for Mahindra XUV 3XO purchases, including discounts and service benefits. |
| 2026 | Corporate Changes/Expansions | In February, the bank opened a representative office in the Dubai International Financial Center. |
| 2026 | Contracts/Agreements | In January, the bank partnered with UnionPay International to introduce the SplendorPlus Card, enhancing travel payment benefits for Sri Lankans. |
Competitor Comparison
| Key Parameters | Commercial Bank of Ceylon PLC | Hatton National Bank Plc | Sampath Bank PLC | DFCC Bank Plc | Seylan Bank Plc |
|---|---|---|---|---|---|
| Headquarters | Sri Lanka | Sri Lanka | Sri Lanka | Sri Lanka | Sri Lanka |
| City | Colombo | Colombo | Colombo | Colombo | Colombo |
| State/Province | - | - | - | - | Western |
| No. of Employees | 5,726 | 5,645 | 4,917 | 2,578 | 3,211 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sharhan Muhseen | Chairman | Executive Board | 2024 | - |
| Sanath Manatunge | Chief Executive Officer; Director; Managing Director | Executive Board | 2022 | - |
| Hasrath Munasinghe | Chief Operating Officer; Director | Executive Board | 2026 | - |
| Raja Senanayake | Chairman - Deputy | Executive Board | 2024 | - |
| Prasanna Indrajith | Chief Financial Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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