ComBank home loan market portfolio up to Rs 72.96 bn in March

The Commercial Bank of Ceylon has emerged as the biggest supporter of the dreams of home builders in Sri Lanka, achieving market leadership in the ‘Home Loans’ sector.

The Bank has announced that its home loans portfolio grew to Rs 72.965 billion as at March 31, 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.

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.”

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