Commercial Development Co. PLC |
ONEzero Co. Ltd. | Commex Sri Lanka S.R.L. – Italy |
Serendib Finance Ltd.* | Commercial Bank of Maldives Private Limited | CBC Myanmar Microfinance Company Limited | Equity Investments Lanka Ltd. |
Commercial Insurance Brokers (Pvt) Ltd. |
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Company Profile | ||||||||
Relationship to the Bank |
Subsidiary | Subsidiary | Subsidiary | Subsidiary | Subsidiary | Subsidiary | Associate | Associate |
Incorporated on | March 14, 1980 in Sri Lanka |
February 17, 2003 in Sri Lanka |
December 02, 2008 in Italy | February 18, 1987 in Sri Lanka |
March 24, 2015 in Maldives | April 4, 2017 in Myanmar |
August 08, 1990 in Sri Lanka |
August 17, 1987 in Sri Lanka |
Bank’s Holding | 92.97% | 100% | 100% | 100% | 55% | 100% | 22.92% | 18.59% |
Principal Business Activities |
Property Development | Provision of IT Related Services | Money Transfer and Money Exchange | Leasing and Hire Purchase Financing | Banking | Microfinancing | Venture Capital Financing | Insurance Brokering |
Business Address | 4th floor, No. 8-4/2, York Arcade Building, Leyden Bastian Road, Colombo 01. |
“Commercial House”, No. 21, Sir Razik Fareed Mawatha, Colombo 01. |
No. 34, Via Giacomo, Leopardi, Cap 00185 Rome, Italy. | No. 187, Katugastota Road, Kandy. | H Filigasdhoshuge, Ameer Ahmed Magu, Male 20066, Maldives. | 42A, Pantra Street, Dagon Township, Yangon. | 108 A, 2/1, Maya Avenue, Colombo 06. |
347, Dr Colvin R De Silva Mawatha, Colombo 02. |
Contact Numbers | 2447300 | 2430420 | +39 06 48905707 | 081 2213498, 081 2200272 |
+96 03332668 | +95 1378975 | 5373745, 2507605-6 | 2447297, 2447299 |
Board of Directors | ||||||||
Chairman | B R L Fernando | Prof A K W Jayawardane | K G D D Dheerasinghe | K G D D Dheerasinghe | Hussain Afeef | K G D D Dheerasinghe | M J C Amarasuriya | M P Jayawardena |
Managing Director/CEO |
J Durairatnam | E M P Edirisinghe | D D J Rajapakse | R C P Kalugamage | A H M Riyaz | R A M Seneviratne | ||
Director | A L Gooneratne | K D N Buddhipala | K D N Buddhipala | Dr (Mrs) J P Kuruppu | S Renganathan | Mrs S A Walgama | Deshamanya S E Captain |
D M D K Thilakaratne |
Director | A T P Edirisinghe | S C U Manatunga | U K P Banduwansa | S R Pushpakumara | S C U Manatunga | D J D P Hettiarachchi | J D Peiris | U I S Tillakawardana |
Director | L D A Jayasinghe | Mrs S A Walgama | Prof Francesco Bellini | A N P Sooriyaarachchi | U I S Thillakawardana | J B Abu Baker | S P S Ranatunga | |
Director | U I S Tillakawardana | K S A Gamage | Dr Antonia Coppola | Y S H R S Silva | Adam Saleem | W I Arambage | ||
Director | S Prabagar | Dr Ibrahim Vishan | L A Rajapakse (Alternate Director) |
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Director | H A Pieris | |||||||
Director | K C Vignarajah | |||||||
Company Secretary | L W P Indrajith | M P Dharmasiri | U K P Banduwansa | R A P Rajapaksha | Ms Fathmath Muaza | Mrs R R Dunuwille | Ms Y A Kularathna |
2017 | 2016 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | |
Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | |
Total assets | 2,753.384 | 2,364.676 | 138.209 | 104.734 | 94.969 | 41.853 | 5,273.422 | 5,242.565 | 9,509.824 | 5,682.531 | 64.512 | N/A | 300.376 | 308.341 | 303.564 | 273.856 |
Total liabilities | 417.129 | 388.810 | 54.450 | 40.135 | 43.379 | 71.443 | 4,071.738 | 4,541.251 | 7,695.776 | 3,946.301 | – | N/A | 10.119 | 8.949 | 70.557 | 60.394 |
Net assets | 2,336.255 | 1,975.866 | 83.759 | 64.599 | 51.590 | (29.590) | 1,201.684 | 701.314 | 1,814.048 | 1,736.230 | 64.512 | N/A | 290.257 | 299.392 | 233.007 | 213.462 |
Total revenue | 354.488 | 329.258 | 191.970 | 138.000 | 83.460 | 20.796 | 1,047.098 | 681.187 | 404.845 | 30.291 | – | N/A | 21.050 | 28.000 | 251.923 | 232.302 |
Profit before tax | 482.538 | 391.653 | 61.320 | 46.616 | (3.005) | (19.086) | 0.118 | 83.064 | 46.485 | (107.699) | – | N/A | (6.111) | 11.166 | 44.330 | 37.703 |
Profit after tax | 426.780 | 326.441 | 44.274 | 33.209 | 17.702 | (19.086) | 2.603 | 29.056 | 32.984 | (107.730) | – | N/A | (6.716) | 11.949 | 28.711 | 25.614 |
Dividend per share (Rs.) | 5.00 | 5.00 | 50.00 | 50.00 | – | – | 0.50 | – | – | – | – | N/A | – | – | 15.00 | 15.00 |