CBC RATED “AAA” – 9 CONSECUTIVE YEARS

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We express our gratitude to all the valued customers for their continuous support and trust placed in us.

Commercial Bank has been rated ‘AAA’ (Triple A-Long Term) by CRISL for 9 consecutive years in 2018.
The Bank was also reaffirmed ‘ST-1′ for short term based on the financials of 2018.

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.

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CBC RATED “AAA” – 9 CONSECUTIVE YEARS

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K Sripavan

Chairman

Mr Kanagasabapathy Sripavan was appointed as the Chief Justice of the Democratic Socialist Republic of Sri Lanka in January 2015 and held office until March 2017. During this period he functioned as the Chairman of the Judicial Services Commission of Sri Lanka, Chairman of the Incorporated Council of Legal Education, Chairman of the Sri Lanka Judges’ Institute and Chairman of the Superior Court Complex Board of Management.

Mr Sripavan was enrolled as an Attorney-at-Law of the Supreme Court of Sri Lanka in 1977. He obtained a Diploma in Industrial Law from the University of Colombo in 1992 and Master of Laws from the University of London in 1994.

He functioned as the Head of the Court of Appeal Unit in the Attorney General’s Department and handled a large volume of work both in the Court of Appeal and in the Supreme Court including Bills and Fundamental Rights Applications. Prior to the elevation to the Court of Appeal Bench he functioned as a Legal Consultant for the National Savings Bank for two years.

He was appointed a Judge of the Court of Appeal in May 2002 and was elevated to the post of President of the Court of Appeal in March 2007 by his Excellency the President. In March 2008 he was elevated to the Supreme Court Bench.