The Asian Development Bank (ADB) has honoured Commercial Bank of Ceylon as its ‘Leading Partner Bank’ in Sri Lanka for trade and finance transactions for the fourth consecutive year. This reiteration of Commercial Bank’s trade and finance contributions to the national economy came at the ADB’s 10th Trade and Supply Chain Finance Programme (TSCFP) Awards [...]

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ComBank crowned ADB’s Leading Partner Bank in Sri Lanka

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The Asian Development Bank (ADB) has honoured Commercial Bank of Ceylon as its ‘Leading Partner Bank’ in Sri Lanka for trade and finance transactions for the fourth consecutive year. This reiteration of Commercial Bank’s trade and finance contributions to the national economy came at the ADB’s 10th Trade and Supply Chain Finance Programme (TSCFP) Awards at Mandarin Oriental, Singapore, the local bank said in a media release.

The award recognises Commercial Bank’s achievement, with ADB assistance, of the highest number of transactions in Sri Lanka’s trade and supply chain finance domain between July 2023 and June 2024. Commercial Bank was one of 31 banks that were recognised with 36 prestigious accolades at the ADB TSCFP Awards ceremony.

“The ADB is one of our most valued partners, and we greatly appreciate its contribution to making Commercial Bank one of the biggest facilitators of trade in Sri Lanka,” the Bank’s Assistant General Manager – Corporate Banking B. A. H. S. Preena said. “The ADB provides us with the tools, techniques and instruments that protect both buyers and sellers from trade-related risks, thereby supporting businesses that transact with one another. This award underlines the success of our relationship in this sphere.”

Commercial Bank’s Senior Manager Imports Department Ms. Niroshinie Opatha (centre) accepts the ADB TSCFP award on behalf of the Bank.

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