Commercial Bank of Ceylon PLC | Annual Report 2025

General

Name of Company

Commercial Bank of Ceylon PLC

Company Registration Number

PQ 116

Legal Form

A public limited liability Company incorporated in Sri Lanka on June 25, 1969 under the Companies Ordinance No. 51 of 1938 and quoted in the Colombo Stock Exchange in March 1970.

The Company was re-registered under the Companies Act No. 07 of 2007. Commercial Bank of Ceylon PLC is a Licensed Commercial Bank under the Banking Act No. 30 of 1988.

Accounting Year-end

December 31

Tax Payer Identification Number (TIN)

124006007

Registered Office

“Commercial House”
No. 21, Sir Razik Fareed Mawatha,
P.O. Box 856,
Colombo 01, Sri Lanka.
Telephone (General):
+94 11 248 6000-5 (6 lines), +94 11 448 6000,
+94 11 748 6000, +94 11 548 6000
SWIFT Code – Sri Lanka: CCEYLKLX
SWIFT Code – Bangladesh: CCEYBDDH
E-mail: info@combank.net
Web: https://www.combank.lk

Head Office

“Commercial House“,
No. 21, Sir Razik Fareed Mawatha,
P.O. Box 856, Colombo 01,
Sri Lanka.

Stock Exchange Listing

The Ordinary Shares, the Unsecured Subordinated Redeemable Debentures and Green Bonds of the Bank are listed on the Colombo Stock Exchange.

Compliance Officer

Mrs R M C K Siyambalagastenne Assistant General Manager – Compliance

Information Centre

Telephone: +94 11 235 3333, +94 11 735 3333

Credit Ratings

Sri Lanka Operation

National Long-term rating: AA-(lka)/Outlook Stable by Fitch Ratings Lanka Limited in September 2025.
Basel III Subordinated Debentures: A(lka) by Fitch Ratings Lanka Limited in September 2025.

Bangladesh Operation

AAA was re-affirmed by Credit Rating Information & Services Limited in June 2025.

Lawyers

Messrs Julius & Creasy,
No. 371, R A de Mel Mawatha,
Colombo 03,
Sri Lanka.

Auditors

Messrs KPMG,
Chartered Accountants,
No. 32A,
Sir Mohammed Macan Markar Mawatha,
P. O. Box 186, Colombo 03,
Sri Lanka.

Registrars

Messrs S S P Corporate Services (Private) Limited,
No. 101, Inner Flower Road,
Colombo 03, Sri Lanka.
Telephone: +94 11 257 3894, +94 11 257 6871
Facsimile: 257 3609
E-mail: sspsec@sltnet.lk
(Kindly direct any queries about the administration of the shareholding to the above Company)

Local Subsidiaries

Commercial Development Company PLC
Orysys Limited
CBC Finance PLC
Commercial Insurance Brokers (Pvt) Limited

Foreign Subsidiaries

Commercial Bank of Maldives Private Limited
CBC Myanmar Microfinance Company Limited

Associate

Equity Investments Lanka Limited
(Divested subsequent to the reporting date)

Board of Directors

Mr S Muhseen – Chairman
Mr R Senanayake – Deputy Chairman
Mr S C U Manatunge – Managing Director/Chief Executive Officer
Ms J Lee
Ms D L T S Wijewardena
Dr S Selliah
Mr S Prabagar – Director/Chief Operating Officer
Mr D N L Fernando
Mr P M Kumarasinghe
Mr P Y S Perera
Ms R M A S Parakrama

Company Secretary

Mr R A P Rajapaksha

Mandatory Board Committees

Board Audit Committee

Mr P Y S Perera – Chairman
Mr R Senanayake
Mr P M Kumarasinghe
Ms R M A S Parakrama
Mr S C U Manatunge – (By Invitation) Mr S Prabagar – (By Invitation)

Board Integrated Risk Management Committee

Mr R Senanayake – Chairman
Mr S C U Manatunge – (By Ex-officio basis)
Ms J Lee
Ms D L T S Wijewardena
Mr D N L Fernando
Mr P Y S Perera
Mr S Prabagar – (By Invitation)

Board Nominations and Governance Committee

Ms J Lee – Chairperson
Mr S Muhseen
Mr R Senanayake
Dr S Selliah
Mr S C U Manatunge – (By Invitation)

Board Human Resources and Remuneration Committee

Dr S Selliah – Chairman
Mr S Muhseen
Mr R Senanayake
Ms J Lee
Mr S C U Manatunge – (By Invitation)

Board Related Party Transactions Review Committee

Mr P M Kumarasinghe – Chairman
Ms D L T S Wijewardena
Mr P Y S Perera
Mr S C U Manatunge – (By Invitation)
Mr S Prabagar – (By Invitation)

Board Capital Expenditure Review Committee

(This was established for a two years period and dissolved during the year following the expiration of its term)

Voluntary Board Committees

Board Credit Committee

Mr S Muhseen – Chairman
Mr S C U Manatunge
Mr S Prabagar
Mr D N L Fernando
Mr P M Kumarasinghe
Ms R M A S Parakrama

Board Investment Committee

Dr S Selliah – Chairman
Mr S Muhseen
Mr S C U Manatunge
Ms J Lee
Mr S Prabagar
Mr P Y S Perera
Ms R M A S Parakrama

Board Technology Committee

Ms D L T S Wijewardena – Chairperson
Mr S C U Manatunge
Mr S Prabagar
Mr D N L Fernando
Mr P M Kumarasinghe
Mr P Y S Perera
Ms R M A S Parakrama

Board Strategy Development Committee

Mr S Muhseen – Chairman
Mr R Senanayake
Mr S C U Manatunge
Ms J Lee
Dr S Selliah

Board Sustainability Committee

Mr S Muhseen – Chairman
Mr R Senanayake
Ms J Lee
Ms R M A S Parakrama
Mr S C U Manatunge – (By Ex-officio basis)
Mr S Prabagar – (By Invitation)

FATCA GIIN Number

GIIN 3TU322.00000.LE.144 (for CBC-CMB)
GIIN 3TU322.00000.BR.050 (for CBC Dhaka)

For Investor Relations and clarifications on this Report please write to:
Chief Financial Officer
Commercial Bank of Ceylon PLC,
“Commercial House”,
No. 21, Sir Razik Fareed Mawatha,
P.O. Box: 856, Colombo 01, Sri Lanka.
Telephone: +94 11 248 6550
Email: finance_division@combank.net
Minimise waste by informing the Commercial Bank Company Secretary to update the mailing list if you are receiving more than one copy of the Annual Report of the Bank.

My Report

Supplementary disclosures and annexures

Corporate information