ComBank crowned Global Finance Best SME Bank in Sri Lanka for third successive year

Friday, 7 March 2025 04:47 - - {{hitsCtrl.values.hits}}

Commercial Bank Assistant General Manager – Personal Banking Mithila Shamini accepts Global Finance award in London on behalf of the bank

The Commercial Bank of Ceylon has been recognised as the Best SME Bank in Sri Lanka in 2025 by Global Finance, honouring the bank with this title on the international stage for the third consecutive year.

Announcing the latest winners of this prestigious accolade, Global Finance said they are banks and financial services providers that best serve SMEs’ specialised needs, and that the magazine’s editors selected the World’s Best SME Banks 2025 based on objective and subjective factors.

Recognised alongside Commercial Bank as the Best SME Banks in their respective countries were institutions of the calibre of Bank of America – USA, Lloyds Bank – UK, Commerzbank – Germany, Credit Agricole – France, Sumitomo Mitsui Financial Group – Japan, DBS – Singapore, HSBC – Hong Kong, HDFC – India, and Dutch-Bangla Bank – Bangladesh.

Commercial Bank has recorded remarkable growth in its SME portfolio, increasing the segment’s contribution to the bank’s overall advances portfolio and expanding its market share. This growth is supported by the sector’s diversification, and the dedicated products and services offered by the bank.

Among the recent initiatives of Commercial Bank to support SMEs are the launch of “Commercial Bank LEAP GlobalLinker” and “ComBank Trade Club” both of which are intended to help businesses penetrate global markets.

Commercial Bank LEAP GlobalLinker is a digital ecosystem powered by GlobalLinker, an international business enabling platform that reaches markets in 150 countries. Commercial Bank has brought more than 13,000 customers onboard and created 700 e-stores for businesses on the Commercial Bank LEAP GlobalLinker platform.

Commercial Bank also has an exclusive Biz Club for SME customers. The first of its kind in the country, the Biz Club brings SME customers together in order to create new business opportunities, and to provide them support beyond lending, by way of education, networking, and expert advice from relevant authorities. More than 6,250 SMEs are now members of the Commercial Bank Biz Club.

Meanwhile, ComBank Trade Club is a forum that provides networking opportunities for businesses to exchange ideas and knowledge about opportunities arising in local and international markets, identify and source the technical know-how needed to penetrate new markets, and find ways overcome obstacles to expanding capacity or development of new products.

Besides all of these initiatives, Commercial Bank has conducted more than 2,200 financial literacy programs, benefitting about 15,000 of the bank’s MSME customers.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.