Commercial Bank of Ceylon has significantly expanded its ‘ComBank Shakthi’ Agency Banking network with the addition of 22 new outlets across the island, reinforcing its commitment to delivering a superior and more inclusive banking experience.
With this latest expansion, the Bank’s Agency Banking network now covers 26 strategic locations, including four previously established outlets. This initiative reflects the Bank’s continued focus on accessibility and convenience, extending essential banking services to communities beyond the reach of traditional branches.
The ‘ComBank Shakthi’ model operates through partnerships with carefully selected third-party agents—trusted local businesses and individuals—who act as intermediaries between the Bank and its customers. Through these authorised agents, customers can carry out key banking transactions such as cash deposits and withdrawals, fund transfers, balance inquiries, and bill payments at convenient, nearby locations.
Powered by specialised Point of Sale (POS) devices integrated with the Bank’s proprietary software, the system ensures secure, encrypted connectivity with core banking operations. Transactions are processed in real time, with printed receipts and SMS confirmations enhancing transparency and reliability while maintaining high security standards.
The Bank noted that this expansion represents another milestone in its strategy to bring formal banking services to underserved and unbanked communities. By offering a technology-enabled alternative to traditional banking, the initiative reduces the time and cost customers would otherwise incur when travelling to branches.
The Agency Banking network is closely aligned with the Bank’s Agriculture and Micro Finance Units (AMFU), leveraging long-standing community relationships in rural areas. This integration allows the Bank to deepen its outreach while building on established trust within local communities.
Beyond convenience, the initiative supports broader financial inclusion by enabling individuals and small businesses to access formal financial services, build savings, and participate more actively in the economy.
The newly added ComBank Shakthi outlets are located in Katupotha, Hengamuwa, Budumuttawa, Malwathuhiripitiya, Udugampola, Koswatte, Kotiyakumbura, Akkarayankulam, Oddusudan, Baduraliya, Bombuwala, Yattapatha, Kadihingala, Batukotuwa, Wanathawilluwa, Vankalai, Pesalai, Akkaraipattu, Thirukkovil, Siththandi, Puthukkudirippu, and Lahugala. These join earlier pilot locations in Tissamaharama, Hambantota, Siyambalanduwa, and Buttala.
The Agency Banking outlets complement the Bank’s extensive network of 272 branches, bringing its total physical customer access points to 298 across Sri Lanka.
Commercial Bank stated that the continued growth of the ‘ComBank Shakthi’ network underscores its commitment to innovation and inclusive banking, empowering more communities and supporting greater participation in the country’s financial system.
Ceylinco Life celebrates its ‘Unstoppable Champions’ at the Annual Awards 2026, recognising the outstanding achievements of its top-performing sales force
Bringing together more than 300 of its highest achievers, the event recognised Sales Officers who attained High Flyers status, qualified for the prestigious Million Dollar Round Table (MDRT), or earned ‘Sales Superstar’ status in 2025, each meeting rigorous performance benchmarks. In total, nearly 370 awards were presented at the ceremony, attended by over 450 participants including members of the Board of Directors and senior management.
Themed ‘Unstoppable Champions,’ the awards highlighted the resilience, ambition, and consistent excellence that define the company’s sales force, reinforcing their role as key drivers of Ceylinco Life’s continued market leadership.
The event was graced by Chief Guest Srinivasa Rao, Managing Director – Life and Health (South Asia and South East Asia) at Munich Re, and featured vibrant entertainment with performances by Sanka Dineth, Shashika Nisansala, the Naadro Band, and Prashanthini, along with dance acts by Muddrika Dance Studio.
Among the highlights was the presentation of two Toyota Axio cars to Mr R. P. Edirisinghe and Mr S. S. H. M. T. Laksiri for their consistent excellence as High Flyers and MDRT qualifiers. Top honours were awarded to Mr A. S. L. Fernando as Best Agency Head, Mr H. D. Pathirana as Best Agency Supervisor, Mr A. I. P. Manjula as Best Life Insurance Advisor, and Mrs J. Meera as Best Regional Sales Manager.
The celebration reflected another year of strong performance for Ceylinco Life, which reported gross written premium income of Rs 44.2 billion and total consolidated income of Rs 72.43 billion for 2025. Policyholders received a record Rs 31 billion in net claims and benefits, while the Life Fund grew to Rs 201.8 billion. Total assets reached Rs 287 billion, with the investment portfolio expanding to Rs 253.4 billion by year-end.
Ceylinco Life’s Annual Awards remain a defining platform to recognise individuals whose dedication and results-driven approach underpin the company’s sustained leadership in Sri Lanka’s life insurance sector. The company continues to earn global and local accolades, including being named Best Life Insurer in Sri Lanka by World Finance for the 12th consecutive year and ‘Peoples Life Insurance Service Provider of the Year’ for the 20th consecutive year in 2025.
Commercial Bank of Ceylon expands its ‘ComBank Shakthi’ Agency Banking network to 26 strategic locations across the country, strengthening financial accessibility and outreach
