The Commercial Bank of Ceylon has won the global banking fraternity’s most coveted award – the ‘Bank of the Year’ – presented by The Banker of the UK, ending 2016 with the industry’s ‘Oscar’ in respect of Sri Lanka.

The celebrated award as Sri Lanka’s Bank of the Year 2016 assumes special significance as 2016 is the 90th anniversary year of The Banker, making it the longest-running international banking publication in the world.

This is the tenth occasion that Commercial Bank has been adjudged Sri Lanka’s Bank of the Year by The Banker, making it the only Sri Lankan bank to achieve this feat in the history of the awards.

Commercial Bank Managing Director/CEO Jegan Durairatnam was in London to accept the award at a gala ceremony at which 400 senior bankers from across the world gathered to celebrate their achievements.