Commercial Bank of Ceylon PLC 2019 AR2
The report highlights Commercial Bank of Ceylon PLC's performance and sustainability initiatives for the fiscal year 2019, marking its centennial journey. The company became the first private sector bank in Sri Lanka to cross the Rs. 1 Trillion threshold in deposits, with total assets reaching Rs. 1.387 Tn. Despite a challenging macroeconomic environment, the bank maintained its focus on digital transformation, launching the trilingual Flash Digital Banking App and ComBank Q+, Sri Lanka's first QR-based payment app. Additionally, the bank expanded its green loan portfolio to Rs. 14.70 Bn and continued its commitment to the UN Sustainable Development Goals.
Company: Commercial Bank of Ceylon PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2019
Type: AR2
Pages: 388
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Commercial Bank of Ceylon PLC
Annual Report
The report highlights Commercial Bank of Ceylon PLC's performance and sustainability initiatives for the fiscal year 2019, marking its centennial journey. The company became the first private sector bank in Sri Lanka to cross the Rs. 1 Trillion threshold in deposits, with total assets reaching Rs. 1.387 Tn. Despite a challenging macroeconomic environment, the bank maintained its focus on digital transformation, launching the trilingual Flash Digital Banking App and ComBank Q+, Sri Lanka's first QR-based payment app. Additionally, the bank expanded its green loan portfolio to Rs. 14.70 Bn and continued its commitment to the UN Sustainable Development Goals.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Employees