Commercial Bank Recognized as Best SME Bank in Sri Lanka for 2025

The Commercial Bank of Ceylon has been recognized as the Best SME Bank in Sri Lanka for 2025 by Global Finance, continuing its award-winning streak for three years. The award highlights the bank’s commitment to supporting SMEs through tailored products and significant growth in its SME portfolio. New initiatives are aimed at helping businesses reach global markets.

The Commercial Bank of Ceylon has been honored as the Best SME Bank in Sri Lanka for 2025 by Global Finance, marking its third consecutive year receiving this prestigious award. Global Finance recognizes banks and financial institutions that meet the specialized needs of SMEs, choosing winners based on both objective and subjective criteria.

In addition to the recognition for Commercial Bank, other notable international banks acknowledged include Bank of America in the USA and Lloyds Bank in the UK. The growth of Commercial Bank’s SME portfolio has significantly enhanced its overall contributions and market share, supported by diverse offerings tailored for the sector.

Recent initiatives by Commercial Bank to bolster SMEs include the introduction of ‘Commercial Bank LEAP GlobalLinker’ and ‘ComBank Trade Club’, designed to facilitate access to global markets. The LEAP|GlobalLinker platform, an international business enabling system, has already seen over 13,000 customers register and facilitated the creation of 700 e-stores for various businesses.

In conclusion, the Commercial Bank of Ceylon’s accolade as the Best SME Bank in Sri Lanka underscores its commitment to meeting the needs of SMEs through innovative products and services. The bank’s recent initiatives are pivotal in enhancing the growth of its SME sector, setting a benchmark for excellence in financial services for small and medium-sized enterprises.

Original Source: island.lk