Sri Lanka

The Commercial Bank of Ceylon might still have an old-fashioned name, but 2016 has seen ComBank make a big leap into Sri Lanka’s banking future. A revamped website saw its online customer base grow by 34% over the year to claim the title of the country’s most-used online banking site.

The long-term competitive landscape in Sri Lankan corporate and investment banking is expected to see a rise in substantial players active in the country. But it remains hard to look beyond NDB Investment Bank (NDBIB) for this award.

It is impossible to ignore the Commercial Bank of Ceylon in Sri Lanka. It’s the biggest private-sector bank, with 256 branches and 650 ATMs forming the widest network among the country’s non-government banks.