Who is the chairman of Commercial bank?
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Prof. A. K. W. Jayawardane
Legal luminary Justice K. Sripavan and top academic Prof. A. K. W. Jayawardane to head Board of Sri Lanka’s benchmark private bank.
How many peoples bank branches in Sri Lanka?
739 local branches
The bank offer both retail and corporate banking services, with a network of 739 local branches, service centers and has an asset base of LKR 1.873 trillion (2019) with over 14 million customers.
What is the Commercial bank branch code?
Commercial Bank PLC Codes
| Bank Code | Branch Code | Branch Name |
|---|---|---|
| 7056 | 247 | Bandarawatta (Laugfs Super) |
| 7056 | 80 | Bandarawela |
| 7056 | 113 | Baseline |
| 7056 | 240 | Batapola |
How many branches are there in a commercial bank?
Commercial Bank of Ceylon
| Type | Public |
|---|---|
| Number of locations | 287 branches (906 ATMs) (2021) |
| Area served | Sri Lanka Bangladesh Maldives Myanmar Italy |
| Key people | Justice K Sripavan (Chairman) Prof. A. K. W. Jayawardane (Deputy Chairman) S. Renganathan (CEO) |
| Revenue | LKR163.675 billion (2021) |
Who are commercial banks owned by?
Banks are owned by investors who may or may not be depositors. Banks are owned and controlled by stockholders, whose number of votes depend upon number of shares owned. Customers don’t have voting rights, cannot be elected to the board, and have no say in how their bank is operated.
Is Peoples bank a government bank?
People’s Bank received a high national long-Term Rating of AA+ by Fitch Rating….People’s Bank (Sri Lanka)
| Type | Government-owned corporation |
|---|---|
| Industry | Finance |
| Founded | 1961 |
| Headquarters | No. 75, Sir Chittampalam A. Gardiner Mawatha, Colombo, Sri Lanka |
| Number of locations | 739 branches (2019) |
How many commercial banks are there in Sri Lanka?
23 licensed commercial banks
They are licensed commercial banks, licensed specialized banks and registered finance companies. There are 23 licensed commercial banks, of which, 11 are locally incorporated banks while the other 12 are local branches of foreign banks.