Commercial Bank ranked third, in the latest edition of the ‘LMD 100’

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The Commercial Bank of Ceylon has been ranked third in the latest edition of the ‘LMD 100′, which is Sri Lanka’s premier ranking of the country’s listed companies.

Commercial Bank is the highest-ranked bank in the 26th edition of this prestigious ranking, which is widely considered as “Sri Lanka’s version of the Fortune 500′.

The Commercial Bank of Ceylon has been ranked amongst the Top 10 listed companies in Sri Lanka every year, since the rankings were first published in respect of 1993 and 1994.

The LMD’s primary ranking is based on turnover, but the magazine also ranks companies by total assets, profit after tax, shareholders’ funds, market capitalization, earnings per share, dividends per share, and many other performance indicators.

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