ComBank makes strong start to 2021 with robust growth in fund-based operations May, 12, 2021 CASA ratio improves further to 45.26%, among best in industry Operating income up 21.73% to Rs 24.161 billion Impairment charges raised by 7.56% to Rs 7.156 billion Provision cover improves to 60.98%; net NPL ratio to 1.93% The Commercial Bank Group led by Sri Lanka’s benchmark private sector bank has generated strong growth in fund-based operations in the first quarter of 2021, with the continuing trend of interest expenses reducing at a significantly higher rate than interest income combined with judicious management of core banking operations. Comprising of Commercial Bank of Ceylon PLC, its subsidiaries and the associate, the Group reported a Gross income of Rs 40.905 billion for the three months ended 31