From turbulence towards tranquillity
In Context
From turbulence
towards tranquillity
After years of storms and challenges, 2024 was a relatively calm year with steady progress. Together with our stakeholders, we have braved the storms with courage, care, and resilience, staying true to our purpose. Guided by these values, we have weathered rough seas and navigated towards brighter shores. As the skies clear and the waters calm, we remain steadfast in our journey - standing strong for our customers and communities, building enduring trust, and creating a sustainable future filled with hope and opportunity for all.
Strongest Bank in Sri Lanka 2024 - The Asian Banker Magazine
Message from
the Chairman
Despite formidable challenges, Commercial Bank emerged stronger, leveraging its financial stewardship, operational resilience, and customer-centric approach to reinforce its leadership in the banking sector.
Sharhan Muhseen
Chairman
Profit after taxation
Earnings per share
Return on assets (ROA)
Return on equity (ROE)
Interest margin
Total capital ratio
Leverage ratio
Managing Director/
Chief Executive
Officer's
Review
Navigating economic volatility with resilience, we accelerated digital banking, empowered businesses, and advanced sustainable finance - shaping the future of banking with innovation, agility, and purpose.
S C U Manatunge
Managing Director/Chief Executive Officer
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(2023 - Rs. . Tn.)
Total assets
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(2023 - Rs. .0 Tn.)
Customer deposits
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(2023 - Rs. . Tn.)
Gross loans and advances to other customers
Over Mn.
Customers
(2023 - )
Employees
Corporate social responsibility initiative of the CSR Trust
Elevating Sri Lanka through
- Prioritising education, dedicating 70% of our CSR funds to initiatives like STEM education and vocational education.
- Remaining 30% supports healthcare, environmental and other social projects, fostering holistic national development.
A trilogy of resilience:
from turbulence to tranquillity
Over the past three years, our journey has unfolded as a trilogy - weathering storms, navigating uncertainty, and now charting a course towards stability. From adversity to resilience, and now renewal, 2024 marks our transition to calmer waters, driven by conviction, courage, and empathy. As we move forward, we remain steadfast in our commitment - building trust, embracing progress, and shaping a sustainable future for all.
