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Best Local Trade Bank in Sri Lanka

23 July 2009

Building on a strong tradition

Winner: Commercial Bank of Ceylon Highly commended: National Development Bank In a new category for 2009, the Best Local Trade Bank in Sri Lanka category has been won by Commercial Bank of Ceylon. It is good to see strong players in domestic markets being able to hold their own against the...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

During the past year’s ‘flight to quality’, companies have turned to experienced leaders in global trade.

Matthew Frohling, Citi - ‘Supplier Finance’ growth in the SME markets - April 2010