For the fifth time in the FinanceAsia Country Awards, the Commercial Bank of Ceylon lately got its coveted Best Bank of the Year award in Sri Lanka. Prins Perera, deputy general manager of the Treasury, accepted the prize on behalf of the Bank was depicted at the case held at St. Regis Hotel, Hong Kong.
The FinanceAsia Country Awards are based on the respective banks’ performance, encompassing key events of the year, financial results including profits, NPL ratios, provisioning, return on equity, capital adequacy ratios, total assets, loans, deposits, branch network, vision and long-term strategy, market position versus the nearest competitor, principal sources of profit, and feedback of stock market analysts.
