News
ComBank crowned Global Finance Best SME Bank in Sri Lanka for 3rd successive year
The Commercial Bank of Ceylon has been recognised as the Best SME Bank in Sri Lanka in 2025 by Global Finance, honouring the bank with this title on the international stage for the third consecutive year.
Announcing the latest winners of this prestigious accolade, Global Finance said they are banks and financial services providers that best serve SMEs’ specialised needs, and that the magazine’s editors selected the World’s Best SME Banks 2025 based on objective and subjective factors.
Recognised alongside Commercial Bank as the Best SME Banks in their respective countries were institutions of the calibre of Bank of America – USA; Lloyds Bank – UK; Commerzbank – Germany; Credit Agricole – France; Sumitomo Mitsui Financial Group – Japan; DBS – Singapore; HSBC – Hong Kong; HDFC – India; and Dutch-Bangla Bank – Bangladesh.
Commercial Bank has recorded remarkable growth in its SME portfolio, increasing the segment’s contribution to the Bank’s overall advances portfolio and expanding its market share. This growth is supported by the sector’s diversification, and the dedicated products and services offered by the Bank.
Among the recent initiatives of Commercial Bank to support SMEs are the launch of ‘Commercial Bank LEAP GlobalLinker’ and ‘ComBank Trade Club’ both of which are intended to help businesses penetrate global markets.
Commercial Bank LEAP|GlobalLinker is a digital ecosystem powered by GlobalLinker, an international business enabling platform that reaches markets in 150 countries. Commercial Bank has brought more than 13,000 customers onboard and created 700 e-stores for businesses on the Commercial Bank LEAP|GlobalLinker platform.
Latest News
Navy seize an Indian fishing boat poaching in Mannar seas
During an operation conducted in the dark hours of 22 Feb 26, the Sri Lanka Navy seized an Indian fishing boat and apprehended twelve (12) Indian fishermen while they were poaching in Sri Lankan waters, in the sea area south of Mannar.
The seized boat and the Indian fishermen were handed over to the Fisheries Inspector of Dikovita for onward legal proceedings.
News
Families of those sentenced to death for killing MP Atukorale seek AKD’s intervention
FSL assures legal backing for them
Families of those sentenced to death by the Three-member Gampaha High Trial-at-Bar, over the killing of SLPP MP Amarakeerthi Atukorale, and his police bodyguard, met a senior official of the Presidential Secretariat, yesterday (23), to seek backing for their move to appeal against the verdict.
Having made representations, they addressed the media, outside the Presidential Secretariat, where they declared their intention to move the higher court against the decision.
The SLPP MP and his security officer were killed by an Aragalaya mob on 09 May, 2022, at Nittambuwa. The same day Aragalaya mobs unleashed violence against the then government MPs across the country, torching dozens of their properties.
The Frontline Socialist Party (FSP) yesterday said that they would help the families of those sentenced to death to move court against the Gampaha High Court Trial-at-Bar decision. Responding to The Island queries, FSP spokesman Pubudu Jayagoda said that their representatives had already met the families and necessary work was being done to move the Supreme Court. Twenty three persons were acquitted and four handed six-month prison terms, suspended for five years
Jayagoda said that one of the HC judges differed in the ruling. Asked whether they received backing from any other political party and groups that had been involved in the 2022 protest campaign to defend those who had been found guilty, Jayagoda said such support was lacking.
The JVP/NPP played a significant role in the violent protest campaign that forced President Gotabaya Rajapaksa to step down. Pointing out that the Attorney General, too, was appealing against the court decision on the basis that the number of persons sentenced to death should be much higher, Jayagoda said that the Nittambuwa incident couldn’t be examined in isolation without taking into consideration the SLPP goon attack on Galle Face protesters on 09 May, 2022. (SF)
News
OPV leaves Baltimore, expected in Colombo in May
Offshore Patrol Vessel P 628 of the Sri Lanka Navy departed Baltimore, USA, for Colombo, on 20 February.
The ex-United States Coast Guard Cutter, USCGC Decisive was officially handed over to the SLN on 02 December, 2025, as the latest addition to the SLN fleet, under the Pennant Number P 628.
Measuring 64 metres in length, this ‘B-Type Reliance Class 210-foot Cutter’ is equipped with advanced technological systems and facilities, capable of conducting extensive surveillance operations spanning up to 6,000 nautical miles per patrol.
The vessel’s voyage to Colombo is historic, possibly marking the longest-ever passage undertaken by a Sri Lanka Navy ship. Covering approximately 14,775 nautical miles, the journey will see the P 628 navigate from Baltimore through the Atlantic Ocean, the Panama Canal (a first for a Sri Lankan naval vessel), the Pacific Ocean, and into the Indian Ocean, via the Straits of Malacca. The ship is expected to arrive in Sri Lanka during the first week of May, 2026.
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