Daraz Sri Lanka’s 3.3 sale runs 2–7 March with up to 85% off, free delivery and Rs. 20 million in vouchers. Commercial Bank, DFCC, Nations Trust, LOLC Finance and Sampath Bank are listed as partner banks offering sitewide card offers and installment plans up to 36 months.
The ASPI rose 0.60% (134.03 pts) to 22,577.41 on bargain hunting after a prior session plunge, with turnover ~Rs.4.7bn and foreign net outflow of Rs.95.1m. Capital goods led turnover (Rs.1.5bn) while banking and diversified financials also drove gains.
Senior bankers at the Association of Professional Bankers convention urged caution, prioritising balance-sheet discipline—liquidity, capital buffers, and managing interest-rate and FX exposure—over rapid expansion. Speakers also highlighted selective growth, risk-adjusted returns, and greater use of digital capability and sustainable debt instruments.
ASPI plunged 1,290.68 points (-5.4%) to 22,443.38 on Feb 3 after Middle East tensions triggered panic selling and a 30-minute circuit breaker; the S&P SL20 fell 322.32 pts (-4.9%). Turnover was Rs.9.6bn (up 62.9%); foreign investors net sold Rs.59.6m; decliners included COMB, SAMP, HNB, JKH and HAYL, while LIOC, CFLB, BOPL, MRH and MADU were among gainers.
Colombo Stock Exchange rebounded as the ASPI rose 0.60% to 22,577.41 and the S&P SL20 rose 0.70% to 6,357.66; Sampath Bank, Commercial Bank and C T Holdings were top positive contributors while Senkadagala Finance fell 24.98% after listing 4,313,992 ordinary voting shares.
Ada Derana·Mar 4, 2026·Award or certificationPositive
Commercial Bank of Ceylon (COMB.N0000) won the Gold Award in the Banking Category and was named Overall Runner-Up at the ACCA Sri Lanka Sustainability Reporting Awards 2025 for its 2024 Annual Report. The recognition highlights the bank's embedding of sustainability across lending, risk, operations and its carbon-neutral status.
Colombo Stock Exchange midday: ASPI rose 1.41% (317.14 pts) to 22,760.52 and S&P SL20 gained 1.29% to 6,394.97. Top contributors were Commercial Bank (+2.74% at Rs215.75), Sampath Bank (+2.60% at Rs158.00) and Hayleys (+2.82% at Rs236.75); Colombo Dockyard reported a Rs1.93bn loss for the Dec-2025 quarter (stock at Rs142.00).
Colombo Stock Exchange's ASPI plunged 1,290.68 points (5.44%) to 22,443.38 after trading reopened following the Middle East conflict, with the exchange briefly halting trade after the S&P SL20 fell over 5%. Major contributors included Commercial Bank (-11.5%), Hatton National Bank (-18%), Hayleys (-14.5%) and Sampath Bank (-6.75%).
Ada Derana·Mar 3, 2026·Promotional / marketingPositive
Commercial Bank of Ceylon Plc has partnered with David Pieris Automobiles to offer specially structured leasing for GWM and BAIC vehicles in Sri Lanka, with attractive interest rates, documentation concessions, a complimentary first-year credit card and flexible repayment plans; the promotion runs until 30 January 2027.
Colombo stock market closed February lower: ASPI fell 47 points (0.2%) and the S&P SL20 dropped 74 points (>1%) with turnover of Rs.7 billion. Banks, conglomerates and blue-chips (COMB, JKH, HNB, CTC, LLUB) weighed on the index while Renuka Agri Foods rose and foreign investors were net sellers of Rs.363.8m.
Consumer Staples (FMCG)Tourism
Ada Derana·Feb 27, 2026·Management or board change
Commercial Bank of Ceylon PLC appointed Hasrath Munasinghe as Executive Director/Chief Operating Officer effective 27 April 2026. He succeeds S. Prabagar and joins from his role as Deputy General Manager – Corporate Banking, bringing 31 years of experience and leadership across corporate, retail and digital banking.
Commercial Bank of Ceylon PLC grew its loan book past Rs. 2.028 trillion in 2025 (up Rs. 541bn, +36.37%) and reported a net profit of Rs. 58.49bn for the year, with deposits up and CASA at 39.65%.
Interest RatesIT & Digital
Daily FT·Feb 27, 2026·Management or board changePositive
Commercial Bank of Ceylon appointed Hasrath Munasinghe as Executive Director/Chief Operating Officer effective 27 April 2026. He succeeds S. Prabagar (retiring 26 April 2026) and was previously Deputy General Manager – Corporate Banking with 31 years at the bank.
IT & Digital
Ada Derana·Feb 26, 2026·Earnings & resultsPositive
Commercial Bank of Ceylon (COMB) grew gross loans to Rs.2.028 Tn—becoming the first private sector bank above Rs.2 Tn—after Rs.541 Bn loan growth in 2025 and reported net profit of Rs.58.49 Bn (up 44.05% vs normalised 2024).
Colombo stocks closed in red, with the ASPI down 0.39% (92.40 pts) to 23,690.62 and the S&P SL20 down 0.71% to 6,681.12 on turnover of nearly Rs.3.7bn. Price losses in John Keells, Melstacorp and Nations Trust Bank were key negatives while ACL Cables, Access Engineering and Dialog were top turnover names.
Construction ActivityIT & DigitalConsumer Staples (FMCG)
Commercial Bank of Ceylon's Chief Risk Officer Kapila Hettihamu says the bank maintains a disciplined, conservative risk management approach that has supported resilience, improved asset quality and strong portfolio growth. He cites use of analytics, stress testing and governance to manage credit, tech and ESG risks.
Banks across Sri Lanka are intensifying AML/CFT controls ahead of the country's third mutual evaluation, warning a negative outcome would damage financial credibility and access to funding. Leading banks such as DFCC and HNB report system upgrades, AI-backed transaction monitoring, stronger KYC/UBO processes and mock evaluations.
IT & Digital
Ada Derana·Feb 24, 2026·Promotional / marketingPositive
Commercial Bank of Ceylon has partnered with David Pieris Automobiles to offer leasing facilities for selected GWM and BAIC models with attractive rates, fee concessions, tailored repayment plans and manufacturer warranties; the promotion runs until 30 January 2027.
Colombo market ended marginally higher with the ASPI up 0.04% (9.38 pts) at 23,783.02 and the S&P SL20 up 0.11% at 6,728.71, on turnover below Rs.2.6bn; foreign investors were net sellers of Rs.52.8m. MELS, RICH, PLR, COMB and HNB were key positive contributors and the banking sector led turnover (17%).
AIA Group says it is optimistic about Sri Lanka's insurance market and aims to help the IRCSL double the market in five years. AIA met regulators, committed Rs.50 million to a national initiative, and engaged bancassurance partners including NDB, DFCC and Commercial Bank to expand insurance access.
Colombo bourse ended the week lower: ASPI down 0.40% (96.43 pts) at 23,773.64 and S&P SL20 down 0.32% at 6,721.47. Leading negatives were COMB, CTHR, MELS, BUKI and JKH; banking sector led turnover (23%) and foreign investors were net sellers of Rs. 11.3m.
Ada Derana·Feb 20, 2026·Award or certificationPositive
Commercial Bank of Ceylon won five awards, including two Golds, at the 2025 CA Sri Lanka TAGS Awards — Gold in the Banking Sector and Gold for Corporate Governance — plus Overall Silver for Excellence in Corporate Reporting, Silver for Integrated Reporting and Bronze for Digitally Transformative Reporting.
Colombo bourse dipped as the ASPI fell 0.21% to 23,870.07 despite net foreign inflows of Rs.37 million after 22 days of outflows. Capital goods led turnover; John Keells and Hayleys rose while Sampath, Colombo Dockyard, Dialog, DFCC and Commercial Bank were among the negative contributors.
Daily FT·Feb 20, 2026·Award or certificationPositive
AIA Insurance Lanka launched 'Vision X', a strategic blueprint to deepen bancassurance partnerships and deliver a digital-first customer experience, highlighting ties with NDB, DFCC, Commercial Bank and Pan Asia Bank.
Commercial Bank of Ceylon (COMB.N0000) relaunched its 'Pita Rata Wasi' RemitPlus promotion offering Rs. 6 million in prizes — a Rs. 1 million grand prize plus 100 prizes of Rs. 50,000 — for remittances credited via RemitPlus through 15 April 2026.
IT & Digital
Ada Derana·Feb 18, 2026·Promotional / marketingPositive
Commercial Bank of Ceylon PLC has relaunched its 'Pita Rata Wasi' remittance promotion offering a total of Rs. 6 million in cash prizes (Rs. 1 million grand prize plus 100 prizes of Rs. 50,000) for remittances via its RemitPlus platform through 15 April 2026. Only remittances credited to Commercial Bank accounts via RemitPlus qualify and winners will be published on the bank's social channels.
IT & Digital
Ada Derana·Feb 18, 2026·Award or certificationPositive
AIA Insurance Lanka launched 'Vision X', unveiling a bancassurance strategic blueprint and celebrating partnerships with banks including NDB, DFCC, Commercial Bank and Pan Asia, highlighting a digital-first customer experience and strengthened long-term collaboration.
Commercial Bank of Ceylon PLC says it was the largest lender to Sri Lanka's SME sector for the fifth consecutive year, disbursing Rs. 330.95 billion in 2024 (30.4% of industry disbursements). The bank highlights digital initiatives (LEAP GlobalLinker, AI credit underwriting), green loans and expanded rural outreach to support SMEs.