ComBank among Global Finance’s Best Banks again

• Adjudged Best Bank in Sri Lanka by Global Finance for 23rd year 

Commercial Bank of Ceylon has once again been recognised as the Best Bank in Sri Lanka by the US-based Global Finance magazine, conferring this coveted accolade on the bank for an unprecedented 23rd year.

Global Finance’s World’s Best Banks 2025 list encompasses financial institutions in nearly 150 countries, including 28 in the Asia Pacific region, whose best banks have just been announced by the magazine.

The 2025 edition of Global Finance’s Best Banks in the Asia Pacific region names Commercial Bank alongside leading banks of the calibre of CBA (Australia), China Construction Bank (China), HSBC (Hong Kong), ANZ (New Zealand), DBS (Singapore), SMBC (Japan), State Bank of India (India), City Bank (Bangladesh) and CTBC (Taiwan), which were adjudged the best banks in their respective countries.

“Global banking continues to adapt and evolve, meeting challenges and capitalising on opportunities with resilience and innovation. AI has quickly taken a pivotal role in the transformation of banking and its growth promises to reshape the financial sector at an unprecedented pace,” Global Finance founder and Editorial Director Joseph D. Giarraputo said. 

“Global Finance’s Best Bank Awards honour financial institutions that excel in diversity of offerings, long-term stability and technological innovation.”

Commercial Bank Managing Director/Chief Executive Officer Sanath Manatunge commented, “The concluded financial year was one of unparalleled milestones and transformative success for Commercial Bank of Ceylon and is particularly significant in the context of the debt restructuring and other sociopolitical challenges that we had to manage. The bank also raised Rs.22.54 billion through a remarkably successful rights issue, managed an outstanding debenture issue, demonstrated exceptional financial resilience and market trust and won 115 international and local awards, while breaking new ground in sustainability, digitisation and initiatives to help SMEs and women entrepreneurs. It is not surprising therefore, that we have once again been crowned the Best Bank in Sri Lanka.”

Global Finance’s Best Banks are to be honoured at an awards ceremony to be held during the the IMF/World Bank annual meetings in Washington DC, on October 18, 2025.