10 Years in a row; Commercial Bank of Ceylon PLC, Bangladesh Operations has been rated ‘AAA’ (Triple A-Long Term) by CRISL for 10 consecutive years in 2019.
The Bank was also reaffirmed ‘ST-1′ for short term based on the financials of 2019.
A bank rated “AAA” in the long term has very strong capacity to meet its financial commitments and rated “St-1” in the short term has strong capacity to meet its financial commitments in a timely manner. Stable outlook indicates that the rating is likely to remain unchanged and positive in nature.