Commercial Bank of Ceylon

Commercial Bank of Ceylon PLC is a Sri Lankan commercial bank with an established presence in Bangladesh, serving individual customers, businesses, corporate organizations and institutional clients. The bank's history dates back to 1920, when Eastern Bank Limited opened a branch on Chatham Street in Colombo, Sri Lanka. Commercial Bank of Ceylon was incorporated in 1969, with Eastern Bank holding a 40% equity stake at the time. Over the following decades, the bank expanded its operations, developed modern banking services, and established itself as a major financial institution in Sri Lanka. Its international expansion began in Bangladesh in November 2003, when it acquired the banking operations of Crédit Agricole Indosuez, a French bank, including two branches and two booths. This acquisition marked Commercial Bank of Ceylon's first overseas banking operation. Since then, its Bangladesh business has expanded its branch network and diversified its banking services.

In Bangladesh, Commercial Bank of Ceylon PLC provides a broad range of personal and corporate banking services. Its personal banking products include savings accounts, current accounts, fixed deposits and other deposit schemes designed to meet different financial needs. The bank also offers loans and financing facilities for eligible customers, along with debit cards and credit cards. These services allow customers to manage their savings, make payments, access credit and conduct everyday financial transactions. Its branch network and electronic banking channels provide customers with access to various banking facilities.

Corporate and commercial banking is another important area of the bank's operations in Bangladesh. Commercial Bank of Ceylon provides business financing, working capital facilities, trade finance, treasury services and foreign-exchange-related solutions. These services support companies engaged in domestic commerce and international trade, including businesses involved in importing and exporting goods. The bank also operates Offshore Banking Units that provide eligible customers with specialized banking services associated with international business and foreign-currency transactions. Its SME service centres provide banking and financing support to small and medium-sized enterprises.

Digital banking has become an increasingly important part of Commercial Bank of Ceylon's services. Its digital banking platform and mobile application enable customers to access account information and perform selected financial transactions electronically. The bank also provides electronic account statements, credit-card payment facilities and card-based payment services. Its debit and credit cards support everyday purchases and other eligible transactions, while electronic banking channels provide convenient access to account services. These technology-based facilities help customers manage their finances without relying entirely on branch visits.

Overall, Commercial Bank of Ceylon PLC has developed a significant presence in Bangladesh through its combination of personal banking, corporate banking, SME financing, trade finance, treasury operations, foreign exchange, card services and digital banking. Its operations connect customers and businesses in Bangladesh with the expertise and international network of a Sri Lankan banking group. By providing banking and financing solutions to individuals, entrepreneurs and corporate clients, the bank contributes to Bangladesh's financial services sector and supports domestic commerce and international trade.

Registered Name	Commercial Bank of Ceylon PLC
Legal Status	Public Limited Company
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Established	1920
Type	Private Bank
Category	Commercial Bank
Origin	Foreign Bank
Services	Personal Banking Corporate Banking SME Banking Offshore Banking Custodial service & NITA Sending Money Home Loans
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Corporate Address	Hadi Tower, House No. NW(K)-1, Road 50, Kemal Ataturk Avenue, Gulshan 2, Dhaka 1212, Bangladesh.
Telephone	+880 2 22666061-10
Fax	+880 2 9565707, 9566574
Call Center	16734, +880 96109 16734
E-mail Address	email@combankbd.com
Website	www.combank.net.bd
SWIFT Code	CCEYBDDH
Code	080
Service Hours	Sunday: 10:00 am - 4:00 pm Monday: 10:00 am - 4:00 pm Tuesday: 10:00 am - 4:00 pm Wednesday: 10:00 am - 4:00 pm Thursday: 10:00 am - 4:00 pm Friday: Closed Saturday: Closed
Rate this Bank	Rating 2.5, based on 620 votes.