ComBank Achieves Third Consecutive Title as Best SME Bank in Sri Lanka

The Commercial Bank of Ceylon has been awarded the title of Best SME Bank in Sri Lanka for 2025 by Global Finance for the third consecutive year. This recognition highlights the bank’s growth in its SME portfolio and its commitment to providing specialized products and services. Notable initiatives include the launch of the LEAP GlobalLinker platform, which assists businesses in entering global markets.

The Commercial Bank of Ceylon has earned acclaim as the Best SME Bank in Sri Lanka for 2025, marking the third consecutive year it has received this honor from Global Finance. The selection criteria for this award included both objective and subjective factors, recognizing institutions that effectively address the specialized needs of small- and medium-sized enterprises (SMEs).

Other esteemed banks also recognized as the Best SME Banks included Bank of America from the USA, Lloyds Bank from the UK, Commerzbank from Germany, Credit Agricole from France, Sumitomo Mitsui Financial Group from Japan, DBS from Singapore, HSBC from Hong Kong, HDFC from India, and Dutch-Bangla Bank from Bangladesh.

Commercial Bank has reported significant growth in its SME portfolio, which has increased its contribution to the bank’s overall advances portfolio and expanded its market share. This growth is attributed to the diversification of the sector and the bank’s commitment to providing tailored products and services for SMEs.

To further support SMEs, Commercial Bank has initiated programs such as the ‘Commercial Bank LEAP GlobalLinker’ and ‘ComBank Trade Club,’ which aim to assist businesses in accessing global markets. The LEAP|GlobalLinker platform, an international business enabling ecosystem, has thus far attracted over 13,000 customers and facilitated the creation of 700 e-stores for businesses.

In conclusion, the Commercial Bank of Ceylon’s recognition as the Best SME Bank in Sri Lanka for 2025 underscores its effective support for small and medium enterprises. The bank’s significant portfolio growth, coupled with its initiatives aimed at enhancing global market access for SMEs, highlights its dedication to addressing sector-specific needs. This accolade cements the bank’s position as a leader in the SME banking sector within Sri Lanka.

Original Source: island.lk