|
COMBank
soars into world’s Top 1000 Banks
Ranked
155th in the world on Soundness and 950th on Tier 1
Capital
 The
Commercial Bank of Ceylon has become the first Sri Lankan
bank to be ranked among the Top 1000 Banks of the World
on capital adequacy and soundness, achieving yet another
milestone in its chequered history.
The Bank’s entry into this prestigious list at
No. 950 is based on its Tier One Capital strength, which
is the most important benchmark for assessing the stability
of a bank. Equally if not more significant is that in
terms of Financial Soundness, the Commercial Bank has
performed even better by being ranked at 155th position
in the world.
Compiled
by ‘The Banker,’ a premier magazine for the
world’s investment, retail and commercial banking
sectors, the list of Top 1000 Banks of the World is headed
by HSBC Holdings of UK, and has in its top 10, globally
significant banks such as Bank of America, Citigroup,
Mitsubishi UFJ, Credit Agricole and other leading names.
Full
Story....
|
|
