Commercial Bank of Ceylon Plc operates in the National commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Commercial Bank of Ceylon Plc with three other
banks in Asia:
Security Bank Corporation
sales of 38.56 billion Philippine Pesos [US$761.23 million]
of which 25%
was Retail Banking),
Hatton National Bank Plc
(138.17 billion Sri Lanka Rupees [US$761.34 million]
of which 12%
was Retail), and
Chong Hing Bank Ltd
based in Hong Kong
(6.04 billion Hong Kong Dollars [US$776.40 million]
of which 45%
was Corporate and personal banking).
Commercial Bank of Ceylon Plc reported sales of 139.59 billion Sri Lanka Rupees (US$769.15 million)
December of 2018.
increase of 20.8%
versus 2017, when the company's sales were 115.59 billion Sri Lanka Rupees.
Sales at Commercial Bank of Ceylon Plc have increased during each of the previous five years
(and since 2013, sales have increased a total of 97%).
Sales of Corporate Banking saw an increase
that was more than double the company's growth rate: sales were up
64.2% in 2018, from
4.64 billion Sri Lanka Rupees to 7.62 billion Sri Lanka Rupees.
Commercial Bank of Ceylon Plc also saw significant increases in sales in
International Operations (up 36.8% to 5.53 billion Sri Lanka Rupees)
Not all segments of Commercial Bank of Ceylon Plc experienced an increase in sales in 2018:
sales of Investment Banking fell 18.5% to 310.75 million Sri Lanka Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).