HomeSri Lanka NewsCommercial Bank Crosses Billion-Dollar Market Capitalisation

Commercial Bank Crosses Billion-Dollar Market Capitalisation

Published on

The Commercial Bank of Ceylon PLC has become the first Sri Lankan bank to achieve a market capitalisation exceeding US$ 1 billion, celebrated with a ceremonial bell ringing at the Colombo Stock Exchange. Chairman Sharhan Muhseen said the milestone enhances the Bank’s visibility in global capital markets and strengthens investor confidence. CEO Sanath Manatunge noted it reflects Commercial Bank’s resilience, innovation, and sustainable growth. The Bank is now among only three Sri Lankan companies to surpass this threshold.

LATEST NEWS

IRCSL: Building Trust, Strengthening Protection

As Sri Lanka’s insurance industry evolves, effective regulation must balance policyholder protection, public confidence...

The Regulator’s Mandate: Building Trust, Strengthening Protection

At a time when emerging risks, technological disruption and changing customer expectations are reshaping...

PR Wire Sri Lanka ranked among ‘Global Top 300’ PR Consultancies by PRovoke Media

PR Wire Sri Lanka has been named to PRovoke Media’s prestigious Global Top 300...

Pan Asia Bank’s Rs. 5 Billion Debenture Issue Oversubscribed

Pan Asia Banking Corporation PLC’s debenture issue of up to Rs. 5 billion was...

MORE LIKE THIS

IRCSL: Building Trust, Strengthening Protection

As Sri Lanka’s insurance industry evolves, effective regulation must balance policyholder protection, public confidence...

The Regulator’s Mandate: Building Trust, Strengthening Protection

At a time when emerging risks, technological disruption and changing customer expectations are reshaping...

PR Wire Sri Lanka ranked among ‘Global Top 300’ PR Consultancies by PRovoke Media

PR Wire Sri Lanka has been named to PRovoke Media’s prestigious Global Top 300...