Company filings and market news from across Sri Lanka's stock market.
Commercial Bank of Ceylon was named Global Finance's Best SME Bank in Sri Lanka for 2025, its third consecutive year receiving the award. The bank said SME portfolio contribution and market share have grown, onboarding 13,000+ customers to its LEAP|GlobalLinker digital ecosystem and creating 700 e-stores.
Dividend · 1:85.882354 at Rs 146.00 · XD Apr 1, 2025
Dividend; XD 2025-04-01; record 2025-04-01; FY December 31, 2024
ASPI fell 1.84% (297 pts) to 15,870, turning YTD performance to -0.47%, with the banking sector leading losses and DFCC, HNB, SAMP, COMB and CINS the top detractors. Turnover rose to Rs.2.4 billion, with banking accounting for 41% of turnover.
Sri Lanka's ASPI fell 1.84% (297.05 pts) to 15,870.25, dragged by financials with Ceylinco (-7.4%), DFCC (-5.1%), HNB (-1.8%), Sampath (-1.9%) and Commercial Bank (-1.9%). Turnover was Rs 2.3bn (banks Rs 982m) and net foreign outflow was Rs 109m.
Colombo market opened March down with ASPI -1.9% and S&P SL20 -2.1%, turnover Rs.1.5bn; profit-taking in banks (led by HNB, COMB, NDB) drove the fall while CTC, SPEN and AHUN were among top positive contributors; foreigners net sold Rs.127.4m.
CBSL Governor Nandalal Weerasinghe urged banks to tighten controls ahead of Sri Lanka’s upcoming AML/CFT evaluation and said a mock assessment by Dr. Gordon Hook will be conducted in March 2025. Regulators and the FIU highlighted expanded AI, digital controls and staff training to boost detection and compliance.
Commercial Bank’s exclusive bancassurance partnership with AIA Insurance generated over Rs.1.2 billion in annualized new premium within a year and maintains an active life cover portfolio exceeding Rs.32 billion, protecting more than 3,000 customers.
Commercial Bank (COMB.N0000) and AIA Sri Lanka's exclusive bancassurance partnership secured over Rs.1.2 billion in annualised new premium in under a year. The tie-up has protected more than 3,000 individuals and maintains a life cover portfolio exceeding Rs.32 billion.
CFA Society Sri Lanka honoured the top 25 employers supporting CFA charterholders and candidates. Recognised local listed firms include John Keells, Hayleys, DFCC Bank, Hatton National Bank, Hemas, Commercial Bank and Capital Alliance.
Commercial Bank of Ceylon reported quarterly profit up 247% to 24.01 billion rupees in Dec-2024, helped by sovereign bond write-backs and higher net interest income. Full-year profit was 55 billion rupees (earnings 38.44 Rs/share); loans rose 17.7% to 1,384 billion rupees and Tier I capital improved to 14.2%.
Commercial Bank of Ceylon (COMB.N0000) posted PBT of Rs.97.81 billion and PAT of Rs.55.69 billion for 2024 after recognising a Rs.45.11 billion SLISB restructuring loss that was cushioned by a Rs.62.30 billion net impairment reversal and strong loan growth of about Rs.230 billion.
Colombo Stock Exchange closed lower as the ASPI fell 1.89% to 16,167 and the S&P SL20 fell 2.08% to 4,828 as investors realised gains after IMF news; selling was concentrated in banking counters. HNB, Commercial Bank, Sampath, NDB and DFCC fell while Nations Trust Bank rose about 7.98%.
Commercial Bank of Ceylon PLC reported 2024 PBT of Rs 97.81bn and PAT of Rs 55.69bn after recognising a Rs 45.11bn SLISB restructuring loss; a Rs 62.30bn net impairment reversal and a 36.71% rise in net interest income cushioned the impact.
ASPI rose 48 points (0.3%) to 16,479 on low turnover of Rs. 1.7 billion, led by gains in the banking sector. HNB, Commercial Bank and Sampath were top positive contributors (with CTC and LLUB also supportive) while CFIN, JKH and DFCC exerted downward pressure; banks accounted for 45% of turnover.
Dividend · Rs 7.50 · XD Apr 1, 2025
First And Final dividend of LKR 7.5/share; XD 2025-04-01; record 2025-04-01; payable 2025-04-23; FY December 31, 2024
Dividend · Rs 2.00
Dividend of LKR 2/share; FY December 31, 2024
Sri Lanka stocks closed up, ASPI +0.29% to 16,478.67 and S&P SL20 +0.86% to 4,940.49, led by banks and Ceylon Tobacco. Top contributors were HNB, Commercial Bank, Sampath Bank, Ceylon Tobacco and Chevron Lubricants; turnover was Rs 1.7bn with a net foreign inflow of Rs 9.7m.
Payable has processed over Rs.100 billion in transactions, and its strategic partnerships with Commercial Bank, HNB, Sampath Bank, Seylan Bank and Nations Trust Bank have supported wider merchant adoption of digital payments in Sri Lanka.
The ASPI rose 0.5% to 16,431 on low turnover of Rs.1.6 billion as bargain buying and month‑end flows supported a symbolic rebound; CINS, LOLC and COMB were top positive contributors while MELS and CFVF were among the main detractors.
Commercial Bank of Ceylon (ComBank) is running its RemitPlus 'Pita Rata Wasi' promotion, awarding Rs.50,000 daily to remittance recipients from 15 Feb to 15 Apr, totaling Rs.3 million. All RemitPlus transfers are eligible and winners will be announced on the bank’s channels and app.
Sri Lanka's ASPI closed up 0.72% as renewed buying interest lifted the market, led by financials and with tourism stocks in focus; turnover was Rs 1.6 billion and there was a net foreign outflow of Rs 123 million.
Commercial Bank of Ceylon (COMB.N0000) is running its 'Pita Rata Wasi' RemitPlus promotion, awarding Rs 50,000 daily to remittance recipients from 15 Feb to 15 Apr 2025 (total Rs 3 million). All RemitPlus transfers are eligible and winners will be published on the bank's social media and the RemitPlus app.
PAYable processed over Rs. 100 billion in transactions and serves about 40,000 merchants; the payments platform says strategic partnerships with Sri Lanka’s leading banks, including Commercial Bank, Hatton National Bank, Seylan Bank, Sampath Bank and Nations Trust Bank, support its growth.
Sri Lanka's ASPI fell 1.96% to 16,345.01 as stocks pulled back, dragged by financials amid thin turnover of LKR 2.3bn and a net foreign outflow of LKR 64m. Top decliners included Ceylinco, Commercial Bank, HNB, Melstacorp and LOLC while banking stocks saw the highest turnover.
ACCA Sustainability Reporting Awards 2024 named Hayleys PLC overall winner and Commercial Bank of Ceylon PLC overall runner-up. Listed firms recognised in sector categories included Talawakelle Tea Estates, Horana Plantations, Ceylon Cold Stores, Commercial Bank, Sampath Bank, Citizens Development Business Finance, Resus Energy, Hayleys Fabric, Haycarb, Diesel & Motor Engineering, JAT Holdings and Aitken Spence Hotels.
Colombo Stock Exchange fell 1.20% (ASPI down 202.38 pts to 16,686.93) as banking-sector selling weighed on the market and turnover slid to 2.1 billion rupees with share volume down 45%. Top negatives included HNB, NDB, Commercial Bank, Central Finance and DFCC; Access Engineering’s subsidiary signed a PPA with the CEB.
ACOB will hold "The Compliance Symposium 2025" tomorrow at Cinnamon Grand, Colombo, with the Central Bank Governor and experts discussing AML, the upcoming mutual evaluation, SEC and FDI/Port City regulations, and the role of AI in compliance.
Colombo bourse rebounded on Friday—ASPI +0.18%, S&P SL20 +0.6%—but ended the week down 0.3% and 0.6%; Friday turnover was Rs.3.5bn (weekly avg Rs.4.2bn). The banking sector led turnover (57%) and gained 0.89%, with COMB, MELS, JKH, NDB and SAMP among top contributors; net foreign outflow Rs.749.8m.
NCCSL hosted a Post-Budget Analysis Seminar on 19 Feb, moderated by Commercial Bank PLC CFO Nandika Buddhipala, reviewing Budget 2025 including a rise in individual tax relief from Rs.1.2m to Rs.1.8m and VAT details (Rs.15m/quarter, Rs.60m/year at 18%) and exporter refund proposals.
Colombo Stock Exchange closed up 0.3% as the ASPI rose 0.18% (30.34 pts) to 16,889.31, with turnover slowing to 3.5 million rupees and a net foreign outflow of 749 million rupees. Bank stocks led activity—Commercial Bank, NDB, Sampath and HNB were top contributors, while John Keells and CIC saw high turnover.