Local Subsidiaries | Local Associate | Foreign Subsidiaries | |||||||
Commercial Development Company PLC | CBC Tech Solutions Ltd. | CBC Finance Limited | 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% | 100% | 100% | 60.00% (58.00% as at December 31, 2019) | 22.92% | 100% | 55% | 100% | |
Principal Business Activities | Property development and provision of other utility services |
Providing Information & Communication Technology (ICT) related products, services and solutions to corporate sector | Granting of leasing & hire purchase facilities, mortgage loans and other loan facilities. Accepting public deposits. | 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 11 244 7300 | +94 11 257 4417 +94 11 257 4407 | +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 | Ronnie Daniel | Dilan Rajapakse | R C P Kalugamage | |
Director | A L Gooneratne | K D N Buddhipala | R Senanayake | D M D K Thilakaratne | Deshamanya S E Captain | J Premanath | S Renganathan | 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 | S C U Manatunge | D J D P Hettiarachchi | |
Director | L D A Jayasinghe | K S A Gamage | S M S C Jayasuriya | W M N S K Weerapana | J B Abu Baker | Giancarlo Dolente | U I S Tillakawardana | ||
Director | U I S Tillakawardana | S Prabagar | D S Bandara | D J D P Hettiarachchi | W I Arambage | Dr (Ms) Antonia Coppola | Dr Ibrahim Vishan | ||
Director | L H Munasinghe | L W P Indrajith | K C Vignarajah | Adam Saleem | |||||
Director | A N P Sooriyaarachchi | M H Wijewaradene | |||||||
Company Secretary | L W P Indrajith | M P Dharmasiri | Ms H D U O Gurnasekara | Ms F Rikza Nawaz | Mrs R R Dunuwille | Mrs N Gamage | Ms Fathmath Muaza | R C P Kalugamage |
Commercial Development Company PLC | CBC Tech Solutions Ltd. | CBC Finance Limited | 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 | |||||||||
2020 | 2019 | 2020 | 2019 | 2020 | 2019 | 2020 | 2019 | 2020 | 2019 | 2020 | 2019 | 2020 | 2019 | 2020 | 2019 | |
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 | 3,449.510 | 3,343.931 | 354.779 | 250.715 | 8,482.598 | 7,431.856 | 711.027 | 701.205 | 496.708 | 253.351 | 588.994 | 240.854 | 21,712.188 | 19,464.317 | 524.172 | 432.050 |
Total liabilities | 454.405 | 443.223 | 107.764 | 73.151 | 5,284.046 | 5,308.109 | 177.405 | 184.646 | 226.199 | 5.439 | 503.450 | 65.411 | 18,572.641 | 16,680.741 | 38.429 | 19.256 |
Net assets | 2,995.105 | 2,900.708 | 247.015 | 177.564 | 3,198.552 | 2,123.748 | 533.622 | 516.559 | 270.509 | 247.912 | 85.544 | 175.443 | 3,139.547 | 2,783.575 | 485.743 | 412.794 |
Total revenue | 454.906 | 453.849 | 348.301 | 350.985 | 1,049.982 | 1,150.666 | 255.268 | 255.178 | 49.129 | 22.672 | 35.342 | 16.230 | 1,167.493 | 657.374 | 102.180 | 40.013 |
Profit before tax | 171.273 | 412.990 | 131.533 | 110.861 | 110.037 | 116.687 | 42.167 | 89.195 | 17.006 | (1.379) | (75.019) | (100.829) | 382.717 | 450.343 | 17.181 | (13.122) |
Profit after tax | 122.582 | 363.217 | 94.648 | 79.699 | 58.477 | 79.129 | 32.078 | 60.903 | 17.006 | (1.480) | (104.460) | (100.829) | 274.214 | 328.948 | 12.428 | (12.594) |
Dividend per share (Rs.) | 5.50 | 6.00 | 50.00 | 50.00 | - | - | 33.33 | 35 | - | - | - | - | - |