Commercial Bank retains place among world’s strongest banks

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COLOMBO, Sri Lanka, August 3, 2025 (ePRESS) – The Commercial Bank of Ceylon has once again earned global recognition, becoming the only Sri Lankan bank to be ranked among the world’s Top 1000 Banks by The Banker magazine for the 13th time.

Ranked 931st in the 2025 edition, Commercial Bank has retained its place as Sri Lanka’s highest-ranked private sector bank on the prestigious global list. The ranking is based on Tier I capital – the key measure of a bank’s financial strength – and is considered the gold standard for global banking performance.

The UK-based The Banker, a leading financial publication, evaluated over 5,000 banks worldwide for this year’s list. The rankings highlight global banking trends and challenges.

“This recognition for the 13th time reflects our continued strength, good governance, and resilience through even the most difficult times in Sri Lanka’s history,” said Sanath Manatunge, Managing Director and CEO of Commercial Bank. “We have stayed focused on our core values and long-term priorities, despite many challenges both locally and globally.”

Commercial Bank was the first Sri Lankan bank to enter this elite list in 2011. It continues to lead the way as the largest private sector lender in the country, with a strong focus on serving SMEs, driving digital innovation, and being Sri Lanka’s first fully carbon-neutral bank.

The bank also holds the highest market capitalisation among all listed banks on the Colombo Stock Exchange (CSE), underlining its leadership in the financial sector.

Globally, China continues to dominate the 2025 rankings with the top four banks – Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, and Bank of China – occupying the top slots. The first US bank, JP Morgan Chase & Co., was placed fifth.

According to The Banker, this year’s rankings reflect a fragmented global banking sector. While US banks grew strongly due to high earnings, Chinese and European banks faced challenges due to slow growth, real estate crises, and stalled reforms. Indian and Japanese banks showed steady gains, supported by strong domestic economies and changing geopolitical conditions.

The Banker uses over 120 performance indicators to rate banks across eight key areas, making the Top 1000 list one of the most respected assessments of global banking health.

Commercial Bank’s consistent presence on the list proves its stability, leadership, and continued trust among investors, customers, and international observers.

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