The Commercial Bank of Ceylon has been rated as the most respected bank in Sri Lanka for the tenth consecutive year and the second ‘Most Respected’ corporate entity in the country for the fourth consecutive year in the annual LMD rankings.

Additionally, the Bank was ranked No 1 in Sri Lanka for ‘Honesty’ for the second successive year, topping the category that is most important to businesses in the financial services sector.

Commercial Bank is the only bank among the Top 5 Most Respected entities in Sri Lanka, and is ranked among the Top 3 in several other key aspects such as Financial Performance, Quality Consciousness, Management Profile, CSR and Vision. The Bank has been the Most Respected bank in the list since its inception in 2005.

“For an entity whose business is dependent on public trust, confidence and respect, being ranked second among the top corporates in Sri Lanka is an important endorsement,” Commercial Bank Managing Director and CEO Jegan Durairatnam said. “The opinions of the business leaders and others who participate in the LMD survey reflect the emphasis the Bank places on integrity, performance, best practices and commitment to the community.”

The LMD rankings are based on the opinions of the public. Respondents include senior executives from the state and private sectors and their views are obtained under 10 areas of evaluation.