The bank has announced that its home loans portfolio grew to Rs. 72.965 billion as at 31 March 2024, and achieved the number 1 place.
Notably, Commercial Bank is the first private sector bank to become the market leader for home loans in Sri Lanka.
Commenting on this latest milestone, Commercial Bank Deputy General Manager – Retail Banking and Marketing Hasrath Munasinghe said: “One of the strongest bonds in banking is the one between home builders and the banks that support their aspirations.
This is a key focus area for us, and the Bank has developed multiple lending options for this segment, generating steady growth in its home loans portfolio despite the challenging economic environment.”