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Puvanya
Puvanya
Oct 23 2026
52Commercial Bank has once again firmly established itself as Sri Lanka's leading digital banking innovator by winning three prestigious international recognitions at the Global Finance World's Best Digital Bank & AI in Finance Awards 2026 award ceremony.
The bank won the awards for 'Best Consumer Digital Bank', 'Best Mobile Banking App' and 'Most Innovative Digital Bank' at the award ceremony held at the Raffles Hotel in Singapore. The awards, which honour the digital banking excellence of financial institutions across the globe, have positioned Commercial Bank at par with global leaders in the technology-driven banking sector.
The award ceremony was graced by Shri. Mr. Randil Potheju, Manager, Digital Banking, Mr. Dr. Ramendra Nonis and Ms. Nathika Nagahawatte, Senior Engineering Manager, IT R&D were also present on the occasion.
Global Finance's recognition reflects the Bank's continued investments in digital transformation, customer-centric technology and advanced research and development led by the Bank's Digital Banking Division and IT Research and Development teams. It also underscores the potential of the bank's digital innovations in achieving global standards in banking technology, operations, and customer experience, the bank said.
This recognition by Commercial Bank has elevated Sri Lanka's digital banking capabilities on an international
platform. The selection of Singapore-based DBS Bank as the 'World's Best Digital Bank' at the same ceremony demonstrates the international standards of companies recognized by the programme.
Commercial Bank is the first bank in Sri Lanka
to have a market capitalization of more than US$1 billion and the first Sri Lankan bank to be ranked in the Top 1000 World Banks Rankings for 2026 published by The Banker magazine, the United Kingdom's esteemed banker. Commercial Bank has the highest market capitalization in the banking sector of Sri Lanka, is the largest private sector lender and the largest lender to the SME sector.
Ranked number one in Business Today magazine's Top 40 rankings, Commercial Bank is recognized as the most respected bank in Sri Lanka and the most award-winning bank. Commercial Bank is also a leader in digital innovation and is Sri Lanka's first 100% carbon-neutral bank.
Commercial Bank operates a network of strategically set up branches and automated
machines throughout the country. Moreover, it has established itself as a Sri Lankan bank with a wide international footprint, with 20 branches in Bangladesh, a full-fledged Tier I bank with a majority stake in the Maldives, and a microfinance institution in Myanmar. It has obtained permission from the Dubai International Financial Services Authority (DIFC) to establish a representative office in the Dubai International Financial Centre (DIFC) and has registered itself as the first bank in Sri Lanka to achieve this milestone. In addition, the bank's wholly owned subsidiaries, CBC Finance Ltd and Commercial Insurance Brokers (Pvt) Limited, also offer various financial services through their respective branch networks.
