| Local Subsidiaries | Local Associates | Foreign Subsidiaries | |||||||||||||||
|
Commercial Development Co. PLC |
CBC Tech Solutions Ltd. | Serendib Finance Ltd. |
Commercial Insurance Brokers (Pvt) Ltd. |
Equity Investments Lanka Ltd. |
Commex Sri Lanka S.R.L. – Italy |
Commercial Bank of Maldives Private Limited | CBC Myanmar Microfinance Company Limited | ||||||||||
|
 |
 |
 |
 |
 |
 |
 |
||||||||||
| Incorporated on |
March 14, 1980 in Sri Lanka |
February 17, 2003 in Sri Lanka |
February 18, 1987 in Sri Lanka |
August 17, 1987 in Sri Lanka |
August 8, 1990 in Sri Lanka |
December 2, 2008 in Italy | March 24, 2015 in Maldives |
April 4, 2017 in Myanmar |
|||||||||
| Bank’s Holding |  90.00% (92.41% as at December 31, 2018) |
 100% |
 100% |
 58.00%* (18.48% as at December 31, 2018) |
 22.92%
|
 100% |
 55% |
 100% |
|||||||||
| Principal Business Activities | Property Development | Provision of IT Related Services | Leasing and Hire Purchase Financing | Insurance Brokering | Venture Capital Financing | Money Transfer and Money Exchange | Banking | Microfinancing | |||||||||
| 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. 187, Katugastota Road, Kandy. | No. 347, Dr Colvin R De Silva Mawatha, Colombo 02. | No. 108 A, 2/1, Maya Avenue, Colombo 06. | No. 34, Via Giacomo Leopardi, Rome, Italy. | H Filigasdhoshuge, Ameer Ahmed Magu, K. Male 20066, Maldives. | No. 15, Office Street, Ward 4, Lewe Township, Naypyitaw, Myanmar. | |||||||||
| Contact Numbers |
+94 11 330 1877 +94 11 330 1878 |
+94 11 257 4417 |
+94 81 221 3498 +94 81 220 0272 |
+94 11 760 0600 |
+94 11 537 3746
+94 11 250 7605 +94 11 250 7606 |
+39 06 4885838
+39 06 48986390 |
+96 03332668 | +95 6730566 | |||||||||
| Board of Directors | |||||||||||||||||
| Chairman | B R L Fernando | Prof A K W Jayawardane | K G D D Dheerasinghe | M P Jayawardena | M J C Amarasuriya | K D N Buddhipala | Ahmed Nazeer | K G D D Dheerasinghe | |||||||||
| Managing Director/CEO | S Renganathan | Keerthi Mediwake | D M U N Dissanayaka | R A M Seneviratne | A H M Riyaz | S Renganathan | R C P Kalugamage | ||||||||||
| Director | A L Gooneratne | K D N Buddhipala | A N P Sooriyaarachchi | D M D K Thilakaratne | Deshamanya S E Captain | J Premanath | S C U Manatunge | Mrs S A Walgama | |||||||||
| Director | A T P Edirisinghe | Mrs S A Walgama | Dr (Ms) J P Kuruppu | U I S Tillakawardana | J D Peiris | U K P Banduwansa | U I S Tillakawardana | D J D P Hettiarachchi | |||||||||
| Director | L D A Jayasinghe | A N P Sooriyarachchi | S R Pushpakumara | W M N S K Weerapana | J B Abu Baker | Daniele Rodia | Dr Ibrahim Vishan | ||||||||||
| Director | U I S Tillakawardana | K S A Gamage | S M S C Jayasuriya | D J D P Hettiarachchi | W I Arambage | Dr (Ms) Antonia Coppola | Adam Saleem | ||||||||||
| Director | S Prabagar | D S Bandara | K C Vignarajah | ||||||||||||||
| Director | M H Wijewaradene | ||||||||||||||||
| Company Secretary | L W P Indrajith | M P Dharmasiri | W R U N Wijesundara | Ms Y A Kularathna | Mrs R R Dunuwille | Mrs N Gamage | Ms Fathmath Muaza | R C P Kalugamage | |||||||||
Summary of Financial Information
| 2019 | 2018 | 2019 | 2018 | 2019 | 2018 | 2019 | 2018 | 2019 | 2018 | 2019 | 2018 | 2019 | 2018 | 2019 | 2018 | ||||||||||
| 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 | 3,343.931 | 3,024.791 | 250.715 | 171.254 | 7,431.856 | 5,425.100 | 379.192 | 344.009 | 253.351 | 258.053 | 240.854 | 128.555 | 19,464.317 | 14,240.806 | 432.050 | 323.117 | |||||||||
| Total liabilities | 443.223 | 422.475 | 73.151 | 48.420 | 5,308.109 | 3,555.235 | 92.824 | 88.502 | 5.439 | 4.553 | 65.411 | 90.782 | 16,680.741 | 11,774.754 | 19.256 | 4.215 | |||||||||
| Net assets | 2,900.708 | 2,602.316 | 177.564 | 122.834 | 2,123.748 | 1,869.864 | 286.368 | 255.507 | 247.912 | 253.500 | 175.443 | 37.773 | 2,783.575 | 2,466.052 | 412.794 | 318.902 | |||||||||
| Total revenue | 453.849 | 396.770 | 350.985 | 212.438 | 1,150.666 | 851.542 | 255.178 | 268.139 | 22.672 | 23.265 | 16.230 | 81.867 | 657.374 | 821.711 | 40.013 | 5.461 | |||||||||
| Profit before tax | 412.990 | 368.786 | 110.861 | 89.123 | 116.417 | (38.913) | 62.891 | 56.965 | (1.379) | 0.840 | (100.829) | (38.555) | 450.343 | 427.243 | (13.122) | 12.696 | |||||||||
| Profit after tax | 363.217 | 328.546 | 79.699 | 64.248 | 78.859 | (30.762) | 45.791 | 32.828 | (1.480) | (0.241) | (100.829) | (38.199) | 328.948 | 270.671 | (12.594) | 12.696 | |||||||||
| Dividend per share (Rs.) | 6.00 | 5.50 | 50.00 | 50.00 | – | – | – | 16.67 | – | – | – | – | – | – | – | – |
(*) Acquired on August 5, 2019