Commercial Bank Expands Presence with New Branch in Port City Colombo

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June 07, Colombo (LNW): Commercial Bank of Ceylon PLC has strengthened its footprint in Sri Lanka’s emerging financial district with the opening of a new full-service branch in Port City Colombo, signalling its confidence in the long-term growth potential of the country’s newest business and investment destination.

Situated within the Port City Business Centre’s Commercial Hub, the branch has been established to cater to the growing banking and financial needs of local and international businesses, investors, entrepreneurs, professionals and residents operating within the development.

The facility offers a broad range of banking products and services, enabling customers to access everything from everyday retail banking to specialised corporate financial solutions. These services include personal and business accounts, fixed-income investment products, lending facilities, trade and treasury services, foreign currency transactions, remittance solutions, import and export financing, leasing options and digital banking platforms.

The move is expected to enhance financial accessibility for companies and individuals establishing operations within Port City Colombo, which is being positioned as a regional centre for commerce, investment and financial services. Bank officials noted that the branch has been designed to support both domestic and international clients seeking efficient and modern banking solutions within a rapidly developing economic zone.

In addition to conventional banking services, the branch features self-service facilities that allow customers to carry out deposits and withdrawals at any time. The installation of automated banking technology, including cash recycling and cash withdrawal facilities, ensures uninterrupted access to essential services throughout the year.

By combining in-person banking expertise with advanced digital capabilities, Commercial Bank aims to provide a seamless customer experience aligned with international standards. The opening of the branch is also expected to contribute to the broader development of Port City Colombo by supporting business activity, facilitating investment flows and strengthening the area’s financial infrastructure.

The expansion reflects the bank’s continuing focus on innovation and its intention to play a prominent role in supporting Sri Lanka’s evolving economic landscape as Port City Colombo attracts increasing interest from both local and overseas stakeholders.