The Commercial Bank of Ceylon (ComBank) has been adjudged the Best Bank in Sri Lanka in 2020 by Euromoney, one of the world’s leading financial magazines, at its Asia Awards for Excellence.
This is the sixth time that Commercial Bank has been honoured with this prestigious accolade by Euromoney, according to bank media release.
The Euromoney awards are based on detailed submissions from market participants and extensive year-round research into the banking and capital markets in the region by the magazine’s editors, journalists and research team, Euromoney annaounced.
Contributing factors to Commercial Bank’s win included the bank ending 2019 with total assets of Rs.1.4 trillion, gross income of Rs 150 billion, net profit of Rs 17.4 billion, a deposit base of Rs. 1.07 trillion and net loans and receivables of Rs. 930.7 billion. (BS)
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
All Ceylon Makkal Congress MP Ali Sabri Raheem had been arrested by Kalpitiya police after he surrendered to the police today morning.
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
The 22nd amendment to the constitution dealing with the term of the President has been gazetted by order of President Ranil Wickremesinghe.
Auspicious times widely followed by candidates keeping with traditions will be taken into consideration by the Election Commission in fixing the date and time for the conduct on the Presidential polls.
The Cabinet of Ministers has granted policy approval to change the wording “exceeding six years” in paragraph (b) of Article 83 of the Constitution to “exceeding five years” with reference to the President’s tenure.
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