Commercial Bank of Ceylon PLC 2024 AR2
The report highlights Commercial Bank of Ceylon PLC's transition toward stability and sustainable growth in 2024. The bank achieved record financial performance, with profit after tax rising to Rs. 54.074 billion, and successfully completed a landmark Rs. 22.54 billion rights issue to strengthen its Tier I capital. On the sustainability front, the bank expanded its green financing portfolio by 117.2% to Rs. 38.5 billion and completed its 'Trees for Tomorrow' initiative by planting 100,000 trees. Additionally, the bank advanced its digital transformation, with ComBank Digital surpassing 1.5 million users and processing over Rs. 4 trillion in transactions.
Company: Commercial Bank of Ceylon PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2024
Type: AR2
Pages: 558
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Commercial Bank of Ceylon PLC
Annual Report
The report highlights Commercial Bank of Ceylon PLC's transition toward stability and sustainable growth in 2024. The bank achieved record financial performance, with profit after tax rising to Rs. 54.074 billion, and successfully completed a landmark Rs. 22.54 billion rights issue to strengthen its Tier I capital. On the sustainability front, the bank expanded its green financing portfolio by 117.2% to Rs. 38.5 billion and completed its 'Trees for Tomorrow' initiative by planting 100,000 trees. Additionally, the bank advanced its digital transformation, with ComBank Digital surpassing 1.5 million users and processing over Rs. 4 trillion in transactions.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Renewable Energy
Workplace Fatalities
Net Zero Target
Employees