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Commercial Bank of Ceylon Chairman Dharma Dheerasinghe was the Chief Guest and keynote speaker at ‘New Horizons’, a special program organised by the Kuwait Chapter of Sri Lankan Chartered Accountants to promote Sri Lanka as a land of opportunity.
This honour was extended to the bank’s Chairman as Kuwait takes pride of place as Commercial Bank’s top-most market for remittances.
The event hosted by the Kuwait Chapter, consisting of Sri Lankan Chartered Accountants working in several top organisations in Kuwait, saw the participation of over 120 guests, including Chartered Accountants and other high-profile Sri Lankan professionals such as doctors, engineers, quantity surveyors and bankers, in addition to business partners of Commercial Bank.
The Commercial Bank of Ceylon began its remittance operations in Kuwait in 2003 with the launch of the online remittance service platform ‘ComBank e-Exchange,’ a real-time money transfer service which was a pioneering effort by a Sri Lankan bank.
The bank has also placed business promotion officers in Kuwait since 2003 to serve the large Sri Lankan workforce in this market. Additionally, the bank was instrumental in launching a remittance app in December 2019 branded ‘RemitPlus’ which enables those who use its remittance service to conveniently access remittance-related information and services.
The only Sri Lankan bank to be ranked among the world’s top 1000 banks for nine years consecutively, Commercial Bank operates a network of 268 branches and 865 ATMs in Sri Lanka. The bank has won over 50 international and local awards in 2019.