Commercial Bank of Ceylon PLC (Colombo Stock Exchange: COMB.N0000)


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Business Description
Commercial Bank of Ceylon PLC (the Bank) is a Sri Lanka-based company engaged in the commercial banking industry. It operates through four primary business segments: Banking, Leasing, Dealing and Investments. These segments incorporate activities such as accepting deposits, personal banking, trade financing, off-shore banking, resident and non-resident currency operations, travel-related services, corporate and retail credit syndicated financing, project financing, development banking, lease financing, rural credit, issuing of local and international debit and credit cards, tele-banking facilities, Internet banking, money remittance facilities, dealing in government securities and treasury-related products, salary remittance package, bullion trading, pawning, export and domestic factoring and margin trading, among others. Effective September 1, 2014, Commercial Bank of Ceylon PLC acquired the entire share capital of Indra Finance Ltd.