The Commercial Bank of Ceylon (ComBank) won its 19th "Best Bank in Sri Lanka" award from Global Finance magazine. ComBank reported results for the year ended December 31, 2019. ComBank's premium Visa cardholders now have access to over 1,000 airport lounges worldwide through a partnership with LoungeKey. The IMF reached a staff-level agreement on the fifth review of Sri Lanka's Extended Fund Facility, which may be extended by one year. The Central Bank of Sri Lanka raised $2.4 billion in an international sovereign bond offering.